.Representative ImageThe residential food market is actually expected to grow by over 47 per-cent to reach USD 1,274 billion by 2027, a report discharged due to the Sisterhood of Indian Field and sustained through Danfoss India stated. India's food items processing sector sees ingenious start-ups emerging along with cutting-edge innovation, the report entitled 'Meals Handling Market in India - Potential for Southern States. and released by CII, CII FACE (Confederation of Indian Market-- Meals as well as Agriculture Centre of Distinction) and also Danfoss India, pointed out. Danfoss India is actually an innovator in heating system, air flow and also air-conditioning and also is actually the subsidiary of Denmark-headquartered design major Danfoss. Several of the key highlights of the document, which was actually released at the CII-FoodPro 2024 include the ability that southern states contain for food items processing sector. "Tamil Nadu leads India's export of handling fruits, extracts and also nuts, with a thirty three per-cent share through quantity and also 27 per-cent through value, transporting 2,08,370 statistics tonnes worth USD 220.81 thousand in 2023-24," the document said. The food items processing business in India sees impressive start-ups arising with sophisticated innovation, the document mentioned. The research study brings ideas on arising patterns, modern technologies and export options permitting companies to create educated choices and also use the sector's prospective South India's food items handling field performs the peak of a transformation, with innovative sections like millets, ready-to-eat and also plant-based dairy products substitutes uncovering a treasure of financial chances for planters. The freshly launched document exposes, technology keeps the key to supercharging this development, ensuring the highest criteria of security and top quality as well as driving India's exports onto the worldwide stage," CII National Council for Cold Weather Establishment and also Agri Strategies Leader Ravichandran Purushothaman said. "At Danfoss India, our company are actually thrilled to become an aspect of this transformative journey, steering lasting food handling services that will mold the future of Indian farming and meals field," he stated in a statement on Sunday. Throughout the celebration, Danfoss Optyma Stuff Shrinking Device, a trusted and energy-efficient answer for Mass Dairy Air Conditioning as well as Cold weather Area applications was introduced. "The Optyma Load Condensing Device is actually a video game changer for India's milk market and also cold space apps. Its own one-of-a-kind concept and reliable performance will dramatically assist in fulfilling our client's expense and also durability targets," Danfoss India Region Scalp of Temperature Solutions - Sales, Madhur Sehgal mentioned. The innovative innovation makes certain superior dairy temperatures along with decreased electricity consumption, which brings down the carbon footprint, dealing with important dairy products handling difficulties and supporting India's sustainable food creation objectives, the claim added.
Posted On Aug 11, 2024 at 12:27 PM IST.
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