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The food industry of India has been displaying consistent growth during the preceding few years. This is chiefly because of the phenomenal growth of the overall economy with India being one of the fastest growing economies in the world. Owing to the availability and adoption of new technologies in the agricultural sector, there is a noteworthy increase in the crops produced. This has created the foundation for the growth of the Indian food industry. Food Processing Industry And Industrial Centrifugal Fans Various equipment are put to use in a food processing plant and the Industrial centrifugal process fans are among the most important ones. These fans, in conjunction with other equipment, ensure that the availability to end consumers of the various processed food products. The industrial process fans make it viable to process the food products in large quantities in a cost efficient and hygienic manner. Indian Food Industry - Position In World Economy The food industry of India is positioned globally at number six position. Additionally, the following are some other related salient points: • The past few years, Indian economy is the leading milk producer of the globe. • Similarly, India’s position as the producer of guavas, bananas, and papayas, to name a few, is second to none. • Indian economy also ranks among the world leaders, in relation to poultry, fish, plantation crops and livestock. • India, by accounting for roughly 1/4th of the total world production, is the biggest producer of pulses. Growth of Revenue Now, let’s have a glance at some points speaking of Indian food industry’s growth of revenue. • For the previous few years, the yearly production of the country’s food sector has consistently been in the region of $155 billion. • When the segment of Indian snacks is seen on the World economy, its market share stands at about $3 billion. • As per the details provided by DIPP (Department of Industrial Policies and Promotion), the foreign investments that the country’s food processing industry received was well over $7 billion, for the duration of 2000-2017. • In India, the Internet-based business of ordering food has been growing at about 150 percent, with the related gross merchandise value (GMV) being around $300 million. Future Projections For Food Processing Industry Based on all the points mentioned above, it is logical to conclude that the future is extremely bright for the Indian food industry. These are some future projections: • It has been forecast that for the ensuing five years, the growth of the Indian food services sector is going to be at CAGR of 10 percent. • It’s anticipated that FSSAI (Food Safety and Standards Authority of India) is likely to make an investment of more than $70 million, to enhance the working of various food testing facilities. • A CAGR of around 16 percent is expected to be the growth of the Indian ready to eat (RTE) food sector, which comprises of instant foods, fast foods, etc, during the subsequent 3 years. Role Of Equipment In Food Processing Industry Processing of food involves numerous applications and mechanized processes that require the usage of various equipment and machines. The goal of these is to not only make sure that the end product appeals to the palate of consumers but also to ensure consistent manufacturing quality at reasonable cost. In addition the hygienic processing is a critical aspect of food processing industry. Industrial centrifugal fans are key components in a food processing unit. Right from the raw material stage and extending up to the stage of end product, these equipment have a key role in the manufacturing process. In a food processing factory many steps in the manufacturing process, including refrigeration, drying, cooking, storage and cooling, get completed using centrifugal Industrial process fans. Reitz India is a leading manufacturer and supplier of premium Centrifugal Fans that find wide usage in heavy industrial applications. Reitz India has incorporated latest technology in ID Fan and PA Fan design and fabrication to provide energy efficient and cost effective solutions with high industrial standards.
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