Unlocking India’s Potential: How Strategic Moves Can Transform It into the Global Food Basket, Says Food Processing Minister Chirag Paswan

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Unlocking India’s Potential: How Strategic Moves Can Transform It into the Global Food Basket, Says Food Processing Minister Chirag Paswan

New Delhi: Union Minister for Food Processing Industries, Chirag Paswan, recently shared his vision for India as the potential “global food basket.” He highlighted the need for strategic policy support and investment to turn this vision into reality. Despite India’s vast agricultural resources, Paswan believes that less than 10% of the food processing potential is currently being utilized.

He emphasized the importance of improving rural and tier-2 infrastructure to support this sector. Engaging private players is essential to create a robust ecosystem. "We are encouraging businesses of all sizes through various schemes," he said.

Technology plays a crucial role in this transformation. E-commerce and quick-commerce platforms help connect farmers to markets and ensure food safety. Paswan noted that many young entrepreneurs from rural areas are using these digital tools to promote their products. This aligns with Prime Minister Narendra Modi’s vision of empowering youth to become job creators.

In an exciting development, Paswan announced the establishment of a third Indian Institute of Food Processing Technology in Bihar. This institute aims to foster innovation and skill development in food technology.

Culturally, Indian cuisine is gaining global traction. Paswan pointed out that Indian restaurants abroad often attract more foreign patrons than locals, underscoring the global appetite for Indian food. "This is a unique opportunity for us to elevate Indian delicacies on the world stage," he said.

This commentary on India’s food processing landscape comes at a pivotal time. Recent statistics show that the sector could grow significantly if the right strategies are implemented. For example, a 2023 report from the Food Industry Association estimates that the global market for processed foods will reach $10 trillion in the next decade.

Investing in food processing not only aims to satisfy global demand but also addresses domestic challenges like rural poverty and unemployment. By encouraging young entrepreneurs and strengthening connections between farmers and markets, India can truly harness its agricultural potential.

In summary, with a focused approach on policies, technology, and youth, India can move closer to becoming the world’s food basket.

For more insights on this topic, you can visit Economic Times.



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