The present scenario of fruit processing sector
The fruit processing industry in Asian nation is decentralized. An oversized variety of units are within the cottage/home scale and small-scale sector, having little capacities up to 250 tonnes per annum, tho’ huge Indian and multinational corporations have capacities within the variability of 30-50 tonnes per hour just about. The distinguished processed things area unit fruit pulp and juices, fruit based mostly ready-to-serve beverages, canned fruits and vegetables, jams, squashes, pickles, chutneys and dehydrated vegetables. More recently, merchandise like frozen pulps and vegetables, frozen, dried fruits and vegetables, potable concentrates and vegetable curries in restorable pouches, canned mushroom and mushroom products are haunted for manufacture by the business. The process level in Asian nation is calculable to be around two. This suggests that there’s a vast market nonetheless to be broach by the fruit process corporations within the country. India’s major exports are a unit in fruit pulp, pickles, chutneys, canned fruits and vegetables, concentrated pulps and juices, dehydrated vegetables and frozen fruits and vegetables. This sector too has large potential.
Opportunities in #Fruit processing
Republic of India is that the second largest producer of the Fruits and Vegetables within the world with a production of 256 million MT. Republic of India is that the world’s largest producer of bananas, papaya, mangoes & guavas and therefore the second largest producer of potatoes, green peas, cabbage and cauliflower. Besides these, there conjointly lies a large chance in alternative fruits, vegetables, plantation crops, spices, dry fruits, healthful and aromatic plants and organic product in the Republic of India. India witnesses nearly four.6-15.9% wastage in fruits and vegetables annually, as a result of lack of recent harvesting practices and inadequate cold chain infrastructure. Process levels in Fruits and Vegetables presently stand at near two. This offers a large chance to take a position in initiatives that facilitate cut back wastage levels as well as adequate infrastructure (cold chain, process, infrastructure), R & D for processed food & Vegetables; packaging and an innovative on farm preservation systems.
Opportunities in northeastern part of India
The situation of fruits and vegetables process within the northeastern Asian nation is additional or less discouraging and has received very little attention. The opportunity-gap, with somewhat impact are often stuffed to a good extent with analysis and extension activities within the region. In spite of fantastic market potential and better ratio on fruit and vegetable based mostly product, rural mass shows very little interest towards this sector. The slogan of the policy ought to be such a granger earns additional profit, the fruits and vegetables process sector can maximize within the North Japanese region and additional individuals are fascinated towards this sector.
The Northeastern Asian nation could be a chicken-necked region connected to the earth by a slender passageway and touching the International boundaries of Myanmar, China, Asian country and Asian nation. The region includes eight States, namely; province, Arunachal Pradesh, Meghalaya, Mizoram, Manipur, Naaland, Tripura and geographical region. These eight States cowl a locality of two, 63,179 sq.km. Constituting eight per cent of the country’s total geographic region and account for under around three.76 per cent of the full population and three.87 per cent of the country’s output. The full population of the region is forty five.59 million.
The importance of fruits and vegetables square measure accepted by the Indians as fruits and vegetables have a vast food price in Vitamins and minerals that square measure main supply of nourishment and body building. Storage of food material in the excellent expendable condition for an extended time while not undergoing any spoilage is a very important necessity. Significant losses conjointly occur thanks to improper handling, transportation and lack of process and preservation units. By mistreatment varied ways shelf –life of fruits and vegetables is extended and used as material for process units.
There is a tremendous production of fruits and vegetables during a shorter amount. Therefore, to avoid the post harvest loss and to extend substantial returns to processors for off season consumption, availability of low-cost labor, Government grant for cold storage and process units, convenience of roads just in case for promoting and transport. Availability of cans, bottles, and different equipments at low-cost rate, there’s tremendous for export of processed merchandise like Jam, jelly, marmalade, pickles, etc. dehydrated and dried vegetables additionally to domestic demand in the Republic of India.
The Incentives achieved from the Food Processing Industry
100% FDI permissible through the automatic route in food processing sector. Concessional rate of impost applicable on foreign instrumentality beneath the project import benefits. Tax deductions, on cost allowed at the speed of one hundred and fiftieth for fitting and operating the cold chain or warehouse for storage of agricultural manufacture. 100 percent tax exemption obtainable to new food process, preservation and packaging units for the first five years of operation, and at the speed of 25%-30% thenceforth. A fund of ` twenty billion created with a full service bank for Agriculture and Rural Development (NABARD) for extending reasonable credit for selected Food Parks and units in this. Loans to food & Agro-based process units and Cold Chain coated beneath Priority Sector loaning (PSL) by banks.
Though there are unit several promising dynamics that support smart growth of this trade, there are still some vital constraints that, if not self-addressed sooner, will impede the expansion prospects of the Food process trade in the Republic of India. One among the largest constraints is that this trade is capital intensive. It creates a robust entry barrier and permits restricted variety of players to enter the market. Players mean competition that reduces efforts to boost quality standards. Major challenges two-faced by the Indian food process trade include: educating shoppers that processed foods is additional nutritious; managing low worth physical property for processing food products; would like for distribution network; development of selling channels; streamlining of food laws; rising food quality standards and strengthening food testing network; strengthening institutional framework to develop hands for rising R & D capabilities to deal with global challenges. These challenges should be self-addressed to realizethe full potential of the Indian food process trade.