.Agent ImageThe domestic food market is anticipated to expand through over 47 percent to get to USD 1,274 billion by 2027, a report launched by the Sorority of Indian Market and supported through Danfoss India claimed. India's food items processing industry observes ingenious startups surfacing along with sophisticated technology, the document titled 'Food items Handling Market in India - Possible for Southern States. and also discharged by CII, CII SKIN (Confederation of Indian Industry-- Food and Agriculture Facility of Excellence) and Danfoss India, pointed out. Danfoss India is a leader in heating system, air flow as well as air-conditioning and also is the subsidiary of Denmark-headquartered engineering significant Danfoss. A number of the vital highlights of the record, which was actually discharged at the CII-FoodPro 2024 include the potential that southerly conditions accommodate for food processing market. "Tamil Nadu leads India's export of handling fruit products, extracts and nuts, along with a thirty three per cent share through quantity as well as 27 per cent through market value, shipping 2,08,370 metric tonnes worth USD 220.81 thousand in 2023-24," the record mentioned. The food handling industry in India sees innovative startups developing along with groundbreaking modern technology, the record pointed out. The research study lugs knowledge on developing patterns, modern technologies and export opportunities enabling organizations to create well informed decisions and also tap into the sector's potential South India's food processing market gets on the cusp of a reformation, along with ingenious sections like millets, ready-to-eat and also plant-based dairy options uncovering a treasure of economic options for planters. The recently introduced file uncovers, technology stores the key to supercharging this development, ensuring the best standards of protection and also premium as well as driving India's exports onto the global phase," CII National Council for Cold Weather Chain and Agri Logistics Leader Ravichandran Purushothaman stated. "At Danfoss India, our experts are actually delighted to become a part of this transformative experience, driving lasting food items processing options that will shape the future of Indian horticulture and food industry," he mentioned in a claim on Saturday. During the event, Danfoss Optyma Stuff Condensing System, a dependable and also energy-efficient remedy for Bulk Dairy Air Conditioning and also Cold Room applications was actually released. "The Optyma Stuff Reducing Device is actually a game changer for India's milk market and also cold area functions. Its own one-of-a-kind style and reliable performance are going to significantly aid in satisfying our consumer's expense as well as sustainability goals," Danfoss India Location Head of Environment Solutions - Sales, Madhur Sehgal mentioned. The ingenious technology ensures optimal milk temps with reduced energy consumption, which brings down the carbon dioxide footprint, taking care of important milk handling difficulties as well as assisting India's maintainable meals creation goals, the claim added.
Posted On Aug 11, 2024 at 12:27 PM IST.
Join the area of 2M+ sector professionals.Subscribe to our email list to acquire latest insights & evaluation.
Download ETRetail Application.Get Realtime updates.Spare your favourite write-ups.
Check to download Application.