Performance of Food Processing Industries (FPI) in India

Y Ebenezer and N Savitha
Additional contact information
Y Ebenezer: Vel Tech University
N Savitha: VIT

Shanlax International Journal of Economics, 2023, vol. 12, issue 1, 43-49

Abstract: Food processing industries are a crucial component of the Indian economy’s industrial sector. They play a pivotal role in ensuring food security, providing employment opportunities in both rural and urban areas, contributing significantly to the country’s GDP, and generating significant export revenue. The performance of the food processing industry plays a crucial role in shaping the Indian economy. The objective of the study is to analyze the Gross Value Added, Revenue, and FDI of the food processing industry in India’s current scenario. The study has been conducted using secondary information and measurable tools. According to the study, food processing industries have managed to maintain a similar level of performance in terms of Gross Value Added (GVA) and revenue generation. However, the growth value of exports and Foreign Direct Investment (FDI) inflow has shown a decline in performance during the post-COVID-19 period under review. Finally, the study suggested that the Indian government should make legislative policy and fiscal policies for assistance to improve the performance of food processing industries.

Keywords: COVID-19; Food Processing Industries; Export Value; FDI; GVA; Indian Economy (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.shanlaxjournals.in/journals/index.php/economics/article/view/6710 (text/html)
https://www.shanlaxjournals.in/journals/index.php/ ... ticle/view/6710/6335 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:acg:journl:v:12:y:2023:i:1:p:43-49

DOI: 10.34293/economics.v12i1.6710

Access Statistics for this article

Shanlax International Journal of Economics is currently edited by M.Chitra

More articles in Shanlax International Journal of Economics from Shanlax Journals Madurai, Tamil Nadu, India.
Bibliographic data for series maintained by S.Lakshmanan ().