India is primarily an agrarian country with 60 per cent of its population being dependent directly or indirectly on agriculture. The Indian agriculture sector has made considerable progress in the last few decades with its large resources of land, water and sunshine. India produces all major crops to meet the requirement of food, fodder, fibre, fuel and inputs for its agricultural industry.
India is presently the world's largest producer of pulses and the second largest producer of rice and wheat in the world. The country is also the second largest producer of sugar.
The Indian agriculture sector is expected to grow with better momentum in the next few years owing to increase in investment in agricultural infrastructure such as irrigation facilities, warehousing and cold storage. Factors such as reduced transaction costs, time, better port gate management and fiscal incentives will also contribute to this upward trend.
The Indian food industry is poised for huge growth, increasing its contribution in world food trade every year. In India, food has become a high-profit industry by reason of the scope it offers for value addition, particularly with the food processing industry getting recognised as a high-priority area in this liberalised era.
Accounting for about a third of the country's total food market, the food processing industry is one of the largest industries in India and is ranked fifth in terms of production, consumption, export and expected growth.
Transjovan Capital's expert advice can help emerging and established players in the industry to chart a well-planned strategic roadmap to tap the various opportunities going forward. Our team can also address your financing requirements and provide assistance in rolling out strategic initiatives for expanding in new markets or for launching new products or services.