Post on 06-Apr-2018
Prof.Anagha Uday GokhaleAssociate Professor,Vishwakarma Sahajeevan Institute of Management,KhedMob:9850890382Email-anaghag10@gmail.com
Role of Government in commercialization and Globalization of Fruit
Processing Industry
ABSTRACT
This article made an attempt to review the Government’s role in commercialization andGlobalization of Fruits Processing Industry. Article analyzes government’s policy measures,
fiscal reliefs and incentives offered, setting up of Agri-Export Zones (AEZ), proactive support
through National Horticulture Board(NHB), Agricultural and Processed Food Products ExportDevelopment Authority (APEDA) , Ministry of Food Processing Industry (MOFPI), National
Bank for Agriculture and Rural Development(NABARD), Export-Import Bank of India (EXIM
Bank), World Trade Organization(WTO) provisions and other institutes.
Research finds the answers for: Why Government’s role is significant in value addition to Food
Processing Industry? What is the role of government in value chain of FPIs? What type of
strategies undertaken by the government to achieve lead in global business? Are there newopportunities created in FPI due to government policy initiatives and other initiatives?
Fruits processing is now regarded as the upcoming sector of the Indian economy in view of its
large potential for growth and likely socio economic impact specifically on employment andincome generation. In India, this sector accounts for a major percentage of employment and
contribution to GDP. India is the 2nd
largest producer of fruits and vegetables (F&V) in the
world with 150 MT of F&V produced annually. But only around 2.2% of fruit and vegetable is
processed as compared to countries like USA 65%, China 23%, so this presents enormous
opportunity to companies looking at investing in this sector.
This research will guide the domestic and foreign investors, entrepreneurs and corporate
interested in doing investment in this sector.
This article is purely secondary research article based on earlier researches and material available
on this subject. Data is collected from books, journals, websites and government reports. The
scope is restricted to food processing industry and not covered the government policies, schemesand exemptions given to agriculture and horticulture sector. This research explores
government’s role as a major service provider to the Food Processing Industry.
Key Words: Government policy initiatives and other schemes, Fruits Processing Industry,Strategies towards globalization