India, March 6 -- Gaurav Grover, CEO, OFI India

India's food processing industry is undergoing a critical transformation, steered by the dynamic shift in consumer preferences, especially within the Gen Z segment. By 2030, this demographic is expected to have 370 million consumers, significantly influencing the future of the sector. To thrive in this evolving landscape, businesses should have a strategy for their growth. They should navigate the delicate balance between global food trends and the deep-rooted local culinary heritage, embracing innovation to cater to these new-age consumers. This blend of global appeal with local taste and authenticity will be key to staying ahead in an ever-changing market.

As consumers become more global...