In a bid to link farmers with global retailers and processors, India will organise the World Food Forum at Delhi in March 2017 which will see India’s food processing pie rise to 20% from 10% over the next five years, said Smt. Harsimrat Kaur Badal, Hon’ble Union Minister of Food Processing Industries, Govt. of India.
“The theme would be transforming `India’s Food Economy` with the entire gamut of stakeholders beginning from food machinery, retailers, processors, logistics providers and progressive farmers. Unlike Vietnam and Thailand that process 70% of their agricultural produce, India processes only 10% of its farm produce. This results in lower realisation for farmers and higher prices for the consumers, which we intend to overcome,” Harsimrat Kaur Badal said addressing a conglomerate of domestic and overseas retailers on the 2nd day of the India Retail Forum 2016.