India plans to boost its processed food exports by 40 percent over the next 3 to 4 years, expanding its global share.
India, ranked seventh in global food exports, reached a record $50 billion in exports last year, according to APEDA Chairman Abhishek Dev. The country is now setting ambitious goals for the future, aiming to increase processed food exports by 40 percent within the next 3 to 4 years.
With the global food market valued at $4 trillion, India currently holds only 2.4 percent of this market share, presenting significant growth potential. Additionally, the organic food market, worth $147 billion, remains underexploited with India’s share standing at just 2.5 percent. The country intends to grow its organic food exports fourfold over the next five years.
This strategic focus on value-added and organic food segments aims to tap into expanding global demand and strengthen India’s position in the global food export market.
