Food-processing SMEs key to job creation in large agrarian states

Agrarian states have a higher percentage of working age population, a chunk of it based in rural areas

CRISIL’s analysis of more than 750 small and medium enterprises (SMEs) in the food processing sector shows that large agrarian states are yet to tap their full potential in terms of employment creation.

CRISIL-rated food processing SMEs in most agrarian states have fewer than 21 employees per unit, versus more than 27 for others.
 

Food-processing SMEs typically include grain mills, manufacturers of fruit juice, sauces and pulp, cashew processing units, and oil mills.

Agrarian states have a higher percentage of working age