 
Market Facts |
- India, the second most populous country in the world, has a
population of 1.1 billion, growing at an annual rate of 1.65%.
- The GDP per person grew by 4.92% between 1999 and 2004.
- Indians are younger than the world, with 24 years as the average
age in 2000, and expected to be 31years in 2025 (Population
Division, DESA, United Nations).
- India is the largest producer of milk, pulses, sugarcane and tea
in the world. (Economic Survey, Ministry of Agriculture, Government
of India).
- India is the 2nd largest producer of wheat, rice, fruits and
vegetables in the world. (Economic Survey, Ministry of Agriculture,
Government of India)
- The Indian retail industry is estimated to be US $246 billion
and growing at 5-6% p.a.
- Organised retail is estimated to be US $7.8 billion and growing
at 25-30% p.a. (KSA Technopak).
- With the 2nd largest area of arable land in the world, India is
one of the world’s largest food producers - over 200 million
tonnes of food grain are produced annually. Primary food processing
(fruit and vegetables, milk, milled flour and rice, tea, spices,
etc.) constitutes around 60% of processed foods.
- Only 2% of fruit and vegetables is processed compared to up to
80% in many developed countries.
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