Indian Food and Beverage Survey印度食品饮料行业观察.pdf

FICCI ‘FOOD AND BEVERAGES SURVEY’ FEBRUARY 2006 FEDERATION HOUSE, 1, TANSEN MARG, NEW DELHI EXECUTIVE SUMMARY A FICCI survey of Food and Beverages Industry has shown positive growth trends during April-March 2004-05. The Survey also confirms higher growth during 2005-06 in almost all the products belonging to Food and Beverage segment over the corresponding previous period. The improvement has been reflected both in volume terms and in terms of value for most of the products. The overall industry has achieved a growth rate of about 8 % in terms of value during 2004-05. The survey confirms that the Rs 3584 bn Indian Food and Beverages industry have shown buoyancy due to some positive factors : Government’s high priority for development of food processing industry to encourage commercialization and value addition to agricultural produce. Liberal reform measures and various tax benefits Policy Initiatives taken by the Government in the Food Processing Sector which include : Food processing industry declared a priority area. Entire sector is de-licensed. Automatic approvals for foreign investment up to 100 percent, except some products like alcoholic beverages and also technology transfer. Zero duty import of capital goods and raw material for100 percent export oriented units. Agro based l00 percent export oriented units allowed sale up to 50 per cent in domestic tariff area. Export earnings are exempted from corporate tax All processed fruits and vegetables products exempted from Central Excise Duty. Government grant given for setting up of common facilities in Agro Food Park. Full duty exemption on all imports for units in Exp