Comparitive Study of India's Organized Agri-Food Businesses in India

Introduction India is the second largest producer of fruits after China with an estimated production of 54.4 one million million million tonnes in 2008 (Economic Survey, Ministry of Agriculture, Govt. of India 2008). Indias diverse agro-climatic condition allows production of a gigantic range of tropical, subtropical and temperate fruits. Indias fruit production is adept over an area of 3.79 M hectares and accounts for more than 10 per centime of the worlds total production, the shares ranging from 4 per cent of citrus fruits to almost 46 per cent of mangoes (MOFPI 2008). Indias exports of fresh fruit and vegetable reached Rs 2437.12 crores in 2007-08 (APEDA 2008). Food processing industry is one of the largest in the sphere and has shown a growth rate of 16 per cent in 2008 (MOFPI 2008). Ministry of Food Processing Industries in India is planning to establish 30 mega food park with a subsidy of about $12 million and channelling incoming FDI across the country. Punjab, Maharashtra, Andhra Pradesh, Jharkhand, and the North-East Region are the first few states the Indian government is considering for land scholarship ranging from 10 acres to 500 acres for mega food parks (MOFPI 2008).

A highly fragmented retail celestial sphere bring together with flourishing economy provided an ideal platform for establishment of create retailing in India (Economic Times Intelligence Group 2003). metropolitan Indians swiftly shifting lifestyles gave these organized retailers and supermarkets the critical fecundity to turn out and flourish. In addition to these behavioural changes, the Indian government revolutionized its policies which water down the precincts on overseas ventures for intercontinental superstore chains to be instituted in India. Agri-food retailing is a key sector gear to be exploited as presently this segment is primarily unorganized, besides being disjointed. The emerging organized retail sector is expanding exceptionally with an anticipation of US$ 427 billion by 2010 from US$ 350... If you want to get a full essay, order it on our website: Orderessay

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