Food Processing Industry
India ranks second in the world in food production after China. According to industry reports, food processing is one of the largest industries in India, and may be ranked 5th in terms of production, consumption, export and expected growth. The industry stands at USD 135 bn, and is expected to reach USD 200 bn by 2015. It contributes to about 7% of India’s GDP. CII estimates that Indian food processing industry has the potential of attracting investments to the tune of up to USD 33 bn in the next 10 years, and generates employment up to 9 million person-days. At present, the industry provides direct employment to about 13 million people, which is expected to increase to about 18 million by 2022.
However, the industry is quite fragmented, with the unorganized sector contributing to about 82% of the employment. About 80% of the employees have considerably low education levels (10th standard, or below). This may be an indicator to the lack of adequate skills and systems in food processing companies. The key needs for such establishments include the planning, establishment, management, and sustenance of various business processes to enable the smooth functioning. Training, skill development and various health and safety compliances also form important focal points for the growth of such organizations.
SarvHR understands the specific needs of companies which are in their preliminary stages of progress, and with substantial industry experience, can deliver specific business solutions that focus on improving value and performance, and reducing risks. SarvHR has had the good opportunity to provide such solutions to some of the prominent names in the food processing industry in and around the city of Hyderabad.