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Data▲ Bullish for Indian equities
India’s $600 billion food market grows at 7% CAGR, food processing given importance: Official
The brief
- India’s food market is valued at $600 billion and growing at 7% CAGR
- An official highlighted food processing and the need to meet rising protein demand
- Food processing growth may benefit Indian food processors and consumer-staples companies
- India weighs lower pulse import duties to curb food inflation
- India steps up palm oil buying after import-duty cut spurs restocking
- The Biggest Jump in Global Crop Prices Since 2022 Threatens to Boost Inflation
- Pulses import duties may ease over poor rains
- Kitchen Budgets Hit: Onion Prices Nearly Double Amid Maharashtra Drought