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New Delhi, Oct. 17

Food Processing Industry (FPI) is estimated to grow at 9-12 per cent in the near future, according to a FICCI KPMG paper. Fruits and Vegetables processing, which is currently around two per cent of total production is likely to increase to 10 per cent by 2010, and further to 25 per cent by 2025. Value-addition in food products is expected to increase from 8 per cent to 35 per cent by the end of 2025. The food processing sector has the potential of attracting €2.7 bil lion investment by 2015. For further growth of the sector, the paper suggests investment in supply chain in order to improve costs, tighten supplies and minimise wastage as also investments in better packaging and cold chain infrastructure.

— Our Bureau

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