date:Dec 21, 2015
a report by FICCI, the industry is estimated to be around US$180 billion (Rs 8 lakh crore), and it contributes about 1.3-1.5% to Indias GDP. The growing urbanisation, emerging cosmopolitan culture, the influx of multiple foreign food chains, exposure to Western condiments and food items, globalisation of Indian food has contributed to the growth of this sector.
Important place
In India, more than any other sector, food lives at the very centre of 1.2 billion lives. There is no greater influenc