.Representative ImageThe domestic food market is actually assumed to grow by over 47 per-cent to reach USD 1,274 billion by 2027, a document discharged by the Confederation of Indian Industry and also supported through Danfoss India claimed. India's meals handling sector finds innovative startups emerging with groundbreaking innovation, the file titled 'Food Processing Market in India - Prospective for Southern States. as well as launched by CII, CII FACE (Brotherhood of Indian Business-- Food Items and Agriculture Facility of Distinction) and Danfoss India, said. Danfoss India is a leader in heating system, venting and air-conditioning and is actually the subsidiary of Denmark-headquartered engineering major Danfoss. A number of the key highlights of the record, which was released at the CII-FoodPro 2024 feature the capacity that southerly states hold for food processing sector. "Tamil Nadu leads India's export of processing fruits, juices as well as nuts, along with a 33 percent share through volume and also 27 percent through worth, exporting 2,08,370 measurement tonnes worth USD 220.81 thousand in 2023-24," the document mentioned. The food items processing sector in India observes innovative startups surfacing along with cutting-edge technology, the file mentioned. The research study lugs insights on surfacing patterns, innovations as well as export possibilities enabling services to create informed choices and take advantage of the market's possible South India's food processing field performs the cusp of a revolution, with innovative sections like millets, ready-to-eat and also plant-based milk substitutes unlocking a treasure of financial options for planters. The newly introduced file discloses, innovation holds the key to supercharging this growth, guaranteeing the highest requirements of safety and also premium as well as driving India's exports onto the worldwide phase," CII National Authorities for Cold Chain and also Agri Logistics Chairman Ravichandran Purushothaman said. "At Danfoss India, our company are excited to be an aspect of this transformative trip, steering maintainable food handling remedies that will definitely mold the future of Indian farming and also meals market," he mentioned in a claim on Sunday. In the course of the event, Danfoss Optyma Stuff Condensing Device, a reputable and energy-efficient option for Bulk Milk Cooling and Cold Room uses was actually introduced. "The Optyma Load Shrinking System is a game changer for India's dairy products business as well as cool room functions. Its own special layout and also reliable performance will considerably help in fulfilling our customer's price and durability goals," Danfoss India Location Head of Environment Solutions - Sales, Madhur Sehgal mentioned. The cutting-edge modern technology makes sure superior dairy temperatures with minimised power intake, which brings down the carbon dioxide impact, taking care of vital dairy processing challenges and also sustaining India's lasting food items production objectives, the statement included.
Published On Aug 11, 2024 at 12:27 PM IST.
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