.Representative ImageThe residential grocery store is expected to expand by over 47 per cent to reach USD 1,274 billion by 2027, a record launched due to the League of Indian Industry as well as assisted through Danfoss India pointed out. India's food processing sector views cutting-edge start-ups surfacing along with cutting-edge modern technology, the record entitled 'Food Processing Industry in India - Possible for Southern States. and launched by CII, CII FACE (Association of Indian Market-- Food and also Horticulture Center of Excellence) and Danfoss India, pointed out. Danfoss India is an innovator in heating system, venting as well as air-conditioning and also is the subsidiary of Denmark-headquartered engineering major Danfoss. A number of the key highlights of the report, which was discharged at the CII-FoodPro 2024 include the capacity that southerly conditions contain for food processing business. "Tamil Nadu leads India's export of processing fruits, juices as well as almonds, along with a 33 percent portion by quantity as well as 27 percent by value, exporting 2,08,370 statistics tonnes worth USD 220.81 million in 2023-24," the document claimed. The food items processing field in India finds ingenious startups developing with groundbreaking innovation, the report mentioned. The study brings knowledge on arising fads, innovations and also export opportunities allowing companies to bring in knowledgeable selections and also tap into the market's possible South India's food items processing sector is on the peak of a change, along with innovative segments like millets, ready-to-eat and also plant-based dairy choices unlocking a treasure trove of economic possibilities for farmers. The newly released report discloses, innovation stores the key to supercharging this growth, making certain the highest requirements of protection and also high quality and also propelling India's exports onto the international phase," CII National Council for Cold Weather Establishment as well as Agri Strategies Leader Ravichandran Purushothaman said. "At Danfoss India, we are thrilled to be a part of this transformative experience, driving maintainable food processing answers that will shape the future of Indian agriculture and meals industry," he claimed in a statement on Saturday. During the course of the celebration, Danfoss Optyma Pack Reducing Unit, a trusted and energy-efficient answer for Mass Milk Cooling and Cold Room programs was launched. "The Optyma Stuff Shrinking Device is actually an activity changer for India's dairy business and also cool space applications. Its own one-of-a-kind concept as well as trusted performance are going to significantly aid in satisfying our consumer's price as well as sustainability targets," Danfoss India Location Scalp of Environment Solutions - Purchases, Madhur Sehgal mentioned. The impressive modern technology ensures optimal dairy temperatures with decreased power consumption, which pulls down the carbon footprint, resolving essential dairy products processing difficulties and assisting India's maintainable meals development objectives, the claim included.
Published On Aug 11, 2024 at 12:27 PM IST.
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