India has a strong resource base of agriculture. India is major producer of fruits & vegetables; it is the top producer of milk and has largest cattle population. We are third largest in marine landing and fifth in poultry production in the world. We have also a domestic market of over a billion population and 300 million strong middle class consumers.
Indian consumers spend more than 30 per cent of their income on food products. Food and food products are the largest consumption category in India and our domestic market will touch US $ 258 Billion by 2015 (FICCI-E&Y Report, 2009).