Union Minister Chirag Paswan on Wednesday said the processed food industry will be a major contributor in making India a developed nation by 2047.
In his inaugural address at the 8th edition of Indusfood, the minister said the sector holds immense potential in future on multi-fold rise in demand for processed food amid evolving lifestyle and change in family configuration.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
"I am sure that the processed food segment of the industry will be a major contributor to the Prime Minister's vision and resolve to make India ‘Viksit Bharat' (developed nation)," the Union Food Processing Industries Minister said.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
Paswan also said India can play a major role as agri producer and exporter, while stressing on the need to expand Indian cuisine globally, according to an official statement.
He also called for maintaining food safety, quality along with food taste, while indicating plans to set up 100 new testing labs.
The minister mentioned that his ministry is working towards increasing shelf life of perishable items and minimise the losses.
Yoga guru Baba Ramdev, among government officials were also present at the event.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
