.Representative ImageThe residential food market is assumed to grow by over 47 percent to reach USD 1,274 billion by 2027, a record discharged due to the Alliance of Indian Business and sustained by Danfoss India pointed out. India's food items handling sector finds innovative start-ups developing with innovative modern technology, the report labelled 'Food items Handling Industry in India - Potential for Southern States. and launched through CII, CII SKIN (Fraternity of Indian Industry-- Food as well as Farming Facility of Excellence) and Danfoss India, said. Danfoss India is a leader in home heating, ventilation as well as air-conditioning and is actually the subsidiary of Denmark-headquartered engineering significant Danfoss. A number of the vital highlights of the document, which was actually launched at the CII-FoodPro 2024 consist of the ability that southern states carry for food handling industry. "Tamil Nadu leads India's export of handling fruits, juices and also almonds, with a thirty three per cent share by amount and also 27 per-cent through value, shipping 2,08,370 metric tonnes worth USD 220.81 thousand in 2023-24," the report claimed. The meals processing business in India observes cutting-edge startups arising with groundbreaking technology, the record mentioned. The study carries insights on developing fads, technologies and export opportunities allowing organizations to make educated selections and also take advantage of the market's prospective South India's food items handling market performs the peak of a revolution, with ingenious segments like millets, ready-to-eat and plant-based dairy substitutes uncovering a treasure of economical options for farmers. The newly introduced report reveals, innovation keeps the key to supercharging this development, making certain the greatest criteria of safety as well as top quality as well as pushing India's exports onto the international phase," CII National Council for Cold Establishment and Agri Coordination Leader Ravichandran Purushothaman said. "At Danfoss India, we are actually delighted to be a part of this transformative adventure, driving sustainable food processing answers that will mold the future of Indian horticulture and food market," he mentioned in a declaration on Saturday. During the occasion, Danfoss Optyma Pack Shrinking Device, a trusted and also energy-efficient service for Bulk Milk Air Conditioning as well as Cold Area applications was launched. "The Optyma Pack Shrinking System is an activity changer for India's milk field and cold space functions. Its own one-of-a-kind concept and trusted efficiency are going to considerably help in meeting our consumer's price as well as durability objectives," Danfoss India Location Head of Climate Solutions - Purchases, Madhur Sehgal pointed out. The ingenious innovation makes certain optimal dairy temps along with minimised energy consumption, which pulls down the carbon dioxide footprint, taking care of crucial dairy processing difficulties and supporting India's maintainable meals development targets, the statement included.
Released On Aug 11, 2024 at 12:27 PM IST.
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