The spending on the packed foods in India is still low when compared with other countries of the world. But this trend in increasing as there is demand for packed foods due to rapid urbanization, increase in disposable income and growth in young working population. The annual growth is in region of 13 – 15 % which is expected to take the packing industry of India to 32 billion dollars in the next four to five years. Private and public sectors are working together to create at least 30 food parks. These parks will encourage the growth of packing industry, related infrastructure, packing transport and refrigeration facilities. The boost from establishing food parks will see an investment of around 25 billion $ in next few years in the food packing industry. The increase in middle class population of India and its rising disposable income will push the growth of packing industry into north ward direction. The total value of world packing industry is around 550 billio...
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