Indian food industry may bag Rs 4,40,000 cr order by 2015

The Rs 880,000 crore Indian food industry, could bag the additional Rs 4,40,000 crore ($100 billion) opportunities by 2015, if coordinated policy level initiatives of the government, industry-government partnership and collaboration with farmers are finetuned in the areas of production, processing, marketing, supply chain, infrastructure development, technology upgrade and education, according to a FICCI-Technopak study.

Alongside, serious efforts need to be made to promote Indian food items at international level by the government and the industry, industry chamber FICCI said in a statement.