Wednesday, 21 March 2012

Turnover of registered food processing industries crosses Rs 4 lakh crore mark

Wednesday, March 21, 2012 08:00 IST 

Charan Das Mahant, minister of state for food processing industries, disclosed the number of registered food processing units in 2007-08 and the value of output for registered food processing industries in 2009-10 in a written reply in the Lok Sabha on Tuesday. 

According to the data available for 2009-10, the output of registered food processing industries was approximately Rs 4,46,701 crore and the average annual growth rate for the period between 2007-08 and 2009-10 was about 16.34 per cent.

In 2009-10, the share of unregistered food processing industries in India's GDP was about 33.5 per cent of the food processing sector. An annual survey of industries, conducted in 2007-08, revealed that there were about 26,221 registered food processing units across the country.
 

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