India has made it a huge priority to reduce its massive food waste, Union Minister Harsimrat Kaur Badal has told American industry leaders, seeking their investment and technology in this regard.
India, one of the world’s largest producers of food, is also the largest producer of milk and the second largest producer of fruits and vegetables. This huge raw material base, paired with 1.3 billion population, presents vast investment and partnership opportunities for the U.S., Ms. Badal said.
“However, India is currently only processing 10% of its food, resulting in enormous food waste,” said Mr. Badal, Minister of Food Processing Industries, at an industry round table organised by U.S.—India Strategic Partnership Forum (USISPF).
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Ms. Badal is currently on a week-long visit to the U.S. to interact with the agriculture industry and food processing companies in Chicago, Washington and New York.
India aims to partner with U.S. industry by borrowing best practices, technology and innovation, in exchange for providing U.S. companies with untapped investment opportunities in India.