Knowledge Millennium Summit cum Awards 2022 - Agribusiness, Food Processing & Dairy.

27th August 2022 - Ahmedabad, Gujarat, India

Green Revolution is not a new concept for India. The country has already reaped the benefits of such great revolution which changed the statics of the country completely and brought it at a level playing field with many more countries of the world. The impact of the Green revolution is seen not merely in the increase of food grain production, but in reality it goes far beyond.

Agribusiness Sector is an Important Link in Economic Growth Models. India needs Green revolution again or we may say India needs Food Processing Revolution to bring back the economy on track.

Food Processing is the transformation of agricultural products. India's food ecosystem o􀉫ers huge opportunities for investments with stimulating growth in the food retail sector, favourable economic policies and attractive fiscal incentives. By 2024, the Food Processing industry will potentially attract USD 33 Bn investments and generate employment for 9 Mn people. The Food & Grocery market in India is the sixth largest in the world and it further constitutes almost 65% of the total retail market in India. Additionally, the government has sanctioned 42 Mega Food Parks (MFPs) to be set up in the country under the Mega Food Park Scheme of which 17 are currently functional.

Ministry of Food processing also focusses on Argo Processing Cluster for the development of modern infrastructure and common facilities to encourage group of entrepreneurs to set up food processing units based on cluster approach by linking groups of producers/ farmers to the processors and markets through well-equipped supply chain with modern infrastructure.

Therefore, Knowledge Chamber of Commerce and Industry of India is organizing its Knowledge Millennium Summit on Food Processing Revolution on 27th August at Ahmedabad, India which emphases on Agriculture & Food Processing with a theme of AIM. AIM signify Agriculture, Innovations & Market through Agribusiness, Technology & value chain at large.