.Representative ImageThe residential food market is expected to develop through over 47 per-cent to reach out to USD 1,274 billion by 2027, a document released due to the Alliance of Indian Field as well as assisted through Danfoss India mentioned. India's food items processing field sees ingenious startups developing along with sophisticated technology, the document entitled 'Food Processing Sector in India - Prospective for Southern States. as well as launched through CII, CII SKIN (Order of Indian Industry-- Food Items as well as Horticulture Centre of Distinction) and also Danfoss India, pointed out. Danfoss India is actually a forerunner in home heating, air flow and also air-conditioning and is the subsidiary of Denmark-headquartered engineering major Danfoss. A few of the essential highlights of the report, which was actually discharged at the CII-FoodPro 2024 consist of the possibility that southern conditions carry for food processing market. "Tamil Nadu leads India's export of handling fruit products, extracts and also almonds, with a 33 per cent portion by volume as well as 27 per-cent by value, transporting 2,08,370 measurement tonnes worth USD 220.81 thousand in 2023-24," the record pointed out. The food items handling industry in India views innovative start-ups emerging with cutting-edge innovation, the report said. The study carries knowledge on arising trends, modern technologies and export options making it possible for organizations to make well informed selections and use the sector's prospective South India's meals processing industry gets on the cusp of a revolution, with ingenious sections like millets, ready-to-eat as well as plant-based dairy products substitutes opening a treasure of economic possibilities for farmers. The freshly introduced document discloses, innovation stores the essential to supercharging this growth, ensuring the highest possible criteria of protection and premium and also driving India's exports onto the international stage," CII National Authorities for Cold Chain and also Agri Strategies Chairman Ravichandran Purushothaman claimed. "At Danfoss India, our team are thrilled to become a portion of this transformative experience, steering maintainable food handling services that will form the future of Indian farming as well as food items sector," he mentioned in a statement on Saturday. Throughout the event, Danfoss Optyma Load Shrinking Device, a reputable and energy-efficient service for Majority Dairy Air Conditioning as well as Cold Area programs was actually introduced. "The Optyma Pack Condensing System is actually a video game changer for India's milk business and chilly area apps. Its own distinct design and also trusted efficiency are going to significantly assist in fulfilling our consumer's cost as well as sustainability targets," Danfoss India Region Scalp of Temperature Solutions - Purchases, Madhur Sehgal claimed. The cutting-edge innovation makes certain optimum milk temperature levels with decreased energy usage, which brings down the carbon footprint, dealing with essential dairy processing difficulties and supporting India's lasting meals development objectives, the statement incorporated.
Posted On Aug 11, 2024 at 12:27 PM IST.
Join the neighborhood of 2M+ sector experts.Subscribe to our email list to get most recent insights & analysis.
Download ETRetail App.Get Realtime updates.Spare your favorite write-ups.
Browse to download and install App.