India is one of the fastest growing economies in the world, therefore demonstrating a strong business case for the global Food & Beverage industry.
FOOD AND BEVERAGES
Indians love to eat and love to eat good food. Families, friends and even colleagues are bonding everyday over a meal, and it is something that in ingrained in our DNA.
According to Forbes, India’s 5th largest sector in manufacturing is the Food & Beverage industry. It has also been the 13th largest sector in receiving FDI worth some $7.81 billion, showcasing the country’s journey towards economic growth. With it have come improvements in technology in terms of food processing, e- sales of food etc.
This industry is even a priority sector for the Indian government according to the Ministry of Food Processing, and one of the focus sectors in the ‘Make in India’ initiative. Not to mention that India’s location geographically gives it an advantage when it comes to exporting due to easy connectivity to most nations across the world.
This makes it a lucrative industry to set forth in, and MARC is committed to ensuring that you have all the data, partners, fiscal incentives, affordable credit, vendors, that will ensure a successful start to your venture. We have worked with a well established firm from Mumbai in the past to help them achieve strategic growth, in identifying the key areas by conducting Feasibility Studies and Market Research.