New Delhi, July 17 -- India is an agriculture-based country and is considered as an important sector of Indian Economy as it accounts 18% of the nation's GDP.

Being the first employer and a primary source of livelihood of 58% of the population, the gross value of a combination of agriculture, fishing and forestry is of about US$ 271.00 billion for FY18. With a share of 32% of the country's total food market, the Indian Food processing industry ranks fifth in production, consumption, export and expected growth. Also, its contribution of 8.80 and 8.39 per cent of Gross Value Added in Manufacturing and Agriculture respectively made it one of the promising sectors for employment (as per www.ibef.org reports).

As the sector is big business, ...