Indian packaged food forsees the bloom of average annual growth
date:May 07, 2012
n foods, condiments and probiotic products are all predicted to see demand hikes as increased affluence, better production and distribution chains develop, said the body.


Factors that have fuelled this industrys growth are the arrival of food multinationals, rising popularity of quick-service restaurants, modern retail trade, technological advancement, changing urban lifestyles,said an ASSOCHAM analyst.


Key global players already established in the country include Hindustan Unilever (tea, in
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