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Food industry to attain US$ 2.58 billion

According to a recent study by FICCI-Ernst & Young, India’s food industry is poised to grow by a huge 42.5 percent to US$ 258 billion by 2015 from the present USD 181 billion, throwing up opportunities for investments across the entire value chain, says a study. The study said the per capita disposable income has increased by 8 percent over the last five years. And “a large part of the increase in income will go towards expenditure on food.” ...