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India’s food processing sector to reach $500 billion in value by 2025: Nexdigm-FICCI Report

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India’s food processing sector says that the Indian food processing sector is expected to strike a growth rate of 15% annually and cross over $500 billion in value by 2025, up from $260 billion in 2020, a report by Nexdigm-FICCI said.

This growth is expected to be driven by a fast-changing market, much-needed government impetus, capacity and capability building, and foreign investment, the report said.