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Food Production
Mexico's new president announced a new agriculture plan Tuesday that could make the country's food production and distribution look a lot more like it did in the 1980s, when meals in Mexico were dominated by tortillas, beans, instant coffee and cheap hot chocolate. Four decades ago, the ingredients for those meals were often bought at government stores that stocked a few basic goods. President Claudia Sheinbaum pledged Tuesday to revive those often shabby, limited government stores and continue efforts to achieve food sovereignty. It is about producing what we eat, Sheinbaum said of her policy, whose main focus will be on increasing bean and corn production. Sheinbaum appears to have a deep interest in boosting beans. On Monday, she said, It is much better to eat a bean taco than a bag of potato chips." Agriculture Secretary Julio Berdegu said the focus would be on guaranteeing prices for farmers who grow corn used for tortillas and lowering tortilla prices by 10%, after prices ju
The domestic food market is expected to grow by over 47 per cent to reach USD 1,274 billion by 2027, a report released by the Confederation of Indian Industry and supported by Danfoss India said. India's food processing industry sees innovative startups emerging with cutting-edge technology, the report titled 'Food Processing Sector in India - Potential for Southern States. and released by CII, CII FACE (Confederation of Indian Industry -- Food and Agriculture Centre of Excellence) and Danfoss India, said. Danfoss India is a leader in heating, ventilation and air-conditioning and is the subsidiary of Denmark-headquartered engineering major Danfoss. Some of the key highlights of the report, which was released at the CII-FoodPro 2024 include the potential that southern states hold for food processing industry. "Tamil Nadu leads India's export of processing fruits, juices and nuts, with a 33 per cent share by quantity and 27 per cent by value, exporting 2,08,370 metric tonnes worth US
Wheat production is expected to touch a new record of 114 million tonnes in the ongoing 2023-34 crop year on higher coverage and provided weather conditions remain normal, a top food ministry official said on Wednesday. The last leg of sowing of wheat, the main rabi (winter) crop, is underway and will continue till next week. Till last week, wheat was planted in 320.54 lakh hectares, as per the official data. Wheat production stood at a record 110.55 million tonnes in the 2022-23 crop year (July-June), compared to 107.7 million tonnes achieved in the previous year. "We expect that total area under cultivation of wheat will increase this year and God willingly if the climate is alright the production will be 114 million tonne that's what the agriculture ministry has indicated informally to us," Food Corporation of India (FCI) Chairman and Managing Director Ashok K Meena told reporters. Area sown to wheat crop is also showing an increase compared to the last year. There was a deficit
Investors from the UAE are keen to invest in different sectors in India such as clean energy, infrastructure, education, healthcare, food processing, and financial services, Commerce and Industry Minister Piyush Goyal said here on Thursday. He was in Abu Dhabi for the 11th meeting of the India-UAE High-Level Task Force on Investments. The airline sector holds a lot of promise for UAE investors in India as New Delhi is giving lot of thrust on travel and tourism sectors, he told reporters here. Investors are very very keen to invest in infra projects, education projects, healthcare and are looking at food and food processing in a very big way," the minister said. The UAE companies are also showing a lot of interest in financial services, he said. "I believe that in the days ahead, we will see significant flow of investments both in public markets and in the manufacturing and services sector," he said. Pharma, roads and highways, ports, other infra activities, clean energy, green ..