Increasing disposable income and growing food expenditure are helping to creating an opening for foreign investment in the Russian food processing sector, according to a US government report.
The Indian government has released figures showing that Foreign Direct Investment (FDI) in the food processing sector fell significantly during 2010-2011.
Encouragement of foreign investment, implementation of unified food safety and processing policies, and a chronic lack of infrastructure are some of the bottlenecks stifling the development of the Indian food processing sector, said a new report.
Around US$30bn worth of investment is needed to “revolutionise” India’s food processing sector to boost the volume of processed products to 10 per cent of overall output by 2015, according to a new report.
Robotic technology, which featured largely at the recent Anuga FoodTec trade show, has untapped potential to improve productivity, increase product yield and bring greater flexibility to the food manufacturing production line, claims TM Robotics.
