India’s large agricultural output and expanding food processing industry give it the potential to become a global food powerhouse, but stronger value addition and supply chains are needed, said Jawed Ashraf.
Speaking at the curtain raiser for the AAHAR – International Food & Hospitality Fair at Bharat Mandapam, Ashraf highlighted the sector’s importance for farmers, MSMEs, and employment generation.
He noted that although India is among the world’s largest producers of dairy, sugarcane, grains, pulses, fruits, and vegetables, issues such as perishability, fragmented supply chains, and long farm-to-market distances continue to limit farmer incomes. Expanding food processing infrastructure can reduce wastage, improve price realization, and create rural jobs.
India’s food processing sector—currently the fifth largest globally—accounts for about 32% of the country’s food market and is projected to grow from $350 billion to nearly $700 billion by 2030.
The 40th edition of AAHAR will feature 1,800 exhibitors from 17 countries across 125,000 sq m, showcasing processed foods, bakery products, hospitality equipment, and food technology. Piyush Goyal is expected to inaugurate the event, which is likely to attract over 100,000 business visitors.