Table of contents

State Introduction 1

Why West Bengal 1

Raw Material Base 2

Production Clusters 4

Agricultural Marketing 6

Processing Clusters 7

Infrastructure 9

State Government Initiatives 13

Snapshot of Investable Projects 16

References 18

Investment Environment & Opportunities in Food Processing: - West Bengal

1

State Introduction

West Bengal is surrounded by Bangladesh in the east; Nepal and Bhutan in the north; and Bay of Bengal in the south and borders the 5 Indian states of Odisha, Jharkhand, Bihar, Sikkim and Assam. The state is strategically located. It is the gateway to North East India and a port entry, not only to the land locked states of Central India but also the land locked countries of Nepal and Bhutan. It is a major hub on the important trade route to South East Asia and ASEAN countries.

West Bengal- key highlights

State capital Kolkata

Geographical area1 88,752 sq. km

Population (Census 2011)2

91.28 mn

Gross state domestic product (GSDP)3

USD 65.15 bn (2014-15) CAGR 5.22%; 2010-11 to

2014-15

Per capita income4 USD 1,290

FDI inflows5 USD 2,498 mn (2011-12 to 2016-17)

Total road length (kms)6 282, 743

Rail length (route kms)7 4135.195

Ports8 Kolkata, Haldia (Modern) Kulpi (Port cum SEZ)

Airports9

International - Kolkata Domestic – Bagdogra,

Behala, Malda, Balurghat & Andal

Why West Bengal

Kolkata

West Bengal

Major producer of food with strong agri-horticultural resource base– Rank 1 in production of Paddy, Jute, Pineapple, Brinjal, Cabbage; Rank 2 in production of Vegetables, Tea, Meat, Fish10

Strategic location as gateway to North East India– well-connected internationally and nationally through an extensive network of rail, road, air and sea ports

Availability of robust infrastructure- 5 food parks including a Mega Food Park; 8 industrial parks, 7 SEZs, 6 agri-export zones11

Presence of leading food processors including ITC, PepsiCo, Britannia, IFB Agro, Keventer, Bisk Farm, Haldiram’s

1

2

3

4

Investment Environment & Opportunities in Food Processing: West Bengal 2

Raw material base (1/2)

The state has favourable agro-climatic conditions with six agro-climatic zones conducive for cultivation of a multitude of crops, vegetables and fruits round the year13.

Paddy, wheat and jute are the major crops produced in West Bengal. The state is a major producer of fruits (such as Mango, Pineapple, Litchi, Mandarin Orange, and Guava) and vegetables (such as Tomato, Cabbage, Cauliflower, Brinjal, Cucurbits and Okra). Major spices produced are Ginger, Chilli, Turmeric, Garlic and Coriander. The state also has a large and vibrant livestock population significantly contributing towards the production of Milk, Eggs, Fish and Meat.

West Bengal is a predominantly agrarian state with agriculture contributing 18.8% to the state’s GSDP in 2014-15.

SNAPSHOT OF LAND UNDER CULTIVATION12

Arable land 5,662

Net sown area 5,234

Total area sown 9,618

(2013-14, ‘000 hectare)

It is one of the major producers of food in India having a strong agri-horticultural resource base for a thriving food processing industry. The state is abundant in perennial rivers and large water bodies and coastal areas which is suitable for pisciculture and marine fish production

Coastal Saline Zone

District: South 24 Parganas

Gangetic Alluvial Zone

Districts: Bardhaman, Hooghly, Howrah,

Murshidabad, Nadia, North 24 Parganas

Northern Hill Zone

District: Darjeeling

Terai-Teesta AlluvialZone

Districts: Coochbehar,Jalpaiguri, North Dinajpur

Undulating Red and Laterite Zone

Districts: Bankura, Birbhum, Purulia, West Medinipur

Vindhyan Alluvial Zone

Districts: South Dinajpur, Malda

Investment Environment & Opportunities in Food Processing: West Bengal 3

CROPS

FRUITS

(‘000 tonnes)

VEGETABLES

(‘000 tonnes)

LIVESTOCK & FISHERIES

Raw material base (2/2)

Key production highlights (2015-16)10 of the state include:

Total production of 17,776 thousand tonnes of food grains- Rank 1 in production of Paddy

The total production 3,517 thousand tonnes of fruit- Rank 1 in production of Pineapple

2nd largest producer of vegetables in India with a total production 22,825.45 thousand tonnes-

Rank 1 in production of Brinjal and Cabbage; Rank 2 in production of Potato

2nd largest producer of Fish and Meat

2nd largest producer of Tea

Largest producer of Jute in the country.

The key production statistics for the state (year 2015-16) are presented as below:

Brinjal 3003.6

Cabbage 2258

Potato 8427

Milk 5.038 (MT)

Eggs6.01 bn

Fish Marine : 0.18 MT In-land : 1.46 MT

Meat 686

(‘000 tonnes)

Paddy 15,749

(‘000 tonnes)

Jute 7,777

(‘000 bales of 180 kg each)

Wheat 960

(‘000 tonnes)

Tea 330

(mn kg)

Banana 1,172

Pineapple 330

Mango 693.4

Papaya 350.77

Investment Environment & Opportunities in Food Processing: West Bengal 4

Production clusters

The major production clusters of West Bengal14 are given below:

West Medinipur, Bardhaman, Birbhum, Murshidabad

Paddy

Murshidabad, Nadia, Birbhum, Malda

Wheat

Malda, Murshidabad, Nadia, Bankura

Brinjal

Murshidabad, Nadia, South 24 Parganas

Cabbage

West Medinipur, Hooghly, Bardhaman

Potato

Nadia, North 24 Parganas, Murshidabad

Jute

Nadia, North 24 Parganas, Hooghly, Murshidabad

Banana

Malda, Murshidabad, North 24 Parganas

Mango

Darjeeling, North Dinajpur, Jalpaiguri

Pineapple

North 24 Parganas, South 24 Parganas, Nadia

Papaya

Murshidabad, Nadia, Malda

Litchi

Darjeeling, Jalpaiguri, Coochbehar, North Dinajpur

Tea

Darjeeling, Birbhum, Murshidabad Bardhaman, Jalpaiguri,

Murshidabad

Bardhaman, Jalpaiguri, North 24 Parganas

Meat

Eggs Milk

Investment Environment & Opportunities in Food Processing: West Bengal 5

Investment Environment & Opportunities in Food Processing: West Bengal 6

Agriculture marketing

As per the Annual Survey of Industries- 2014-15, there are 1, 808 registered food processing units in the state18. Krishak Bazars are being set up in each of the 341 blocks.

Agricultural markets in

West Bengal

720

Primary Wholesale

Markets56

Rural Markets

62

Farmer Producer

Organizations25

6

Terminal Markets

186

Krishak Bazars

420 Secondary Wholesale

Markets

Glossary

Primary wholesale markets- Periodically held markets wherein produce comes from neighboring villages.

Secondary wholesale markets/ mandis- Situated generally at district headquarters wherein small

merchants purchase from primary wholesale market and sell in these markets. Some cultivators directly sell

their produce in these markets.

Rural markets- Periodical markets (haats, shandies, painths) and fairs held in rural and interior areas.

Terminal markets - Markets where produce is finally disposed-off (directly to consumers or processors) or

assembled for shipment to foreign countries.

Krishak bazars- Managed by Agricultural Produce Marketing Committees to facilitate direct marketing with

no commission agents/ traders.

Investment Environment & Opportunities in Food Processing: West Bengal 7

Processing clusters

Some of the major processing clusters in the state include:

Dairy Vegetable oil

Salt

Bardhaman; Jalpaiguri; Hooghly

Rice milling

Dinhata, Coochbehar; Beldanga, Murshidabad;

Chapra, Nadia; Kaliagunj, North Dinajpur

Mustard oil

Bijanbari, Darjeeling; Kolkata; Malda; South 24 Parganas

Bee keeping

Contai, East Medinipur; Jalpaiguri; Kolkata

Cashew nut processing

Howrah; Malda; Kolkata; Darjeeling

Fruit processing and preservation

Old Malda; Nadia; South 24 Parganas; Howrah

Honey processing

Cannel East Road, Kolkata; Kaliagunj, North Dinajpur;

Ultadanga, North 24 Parganas

Dal (pulse) milling

Basirhat, North 24 Parganas

Bamboo products

Ramnagar-I, East Medinipur; Purulia; Kolkata

Naihati, North 24 Parganas; Birbhum; Bardhaman

Bari manufacturing*

Hooghly; Kolkata; Nadia; Bardhaman

Bankura; Kolkata; Malda; Nadia; North 24 Parganas; North Dinajpur

*Dried lentil dumpling

Investment Environment & Opportunities in Food Processing: West Bengal 8

Investment Environment & Opportunities in Food Processing: West Bengal 9

Infrastructure

The status of key physical and agricultural infrastructure in West Bengal is as follows:

Parameter Status

Inland container depots* 13

19

Existing Industrial Areas/ SEZs

8 industrial parks (4,330 acres)20 7 SEZs21 6 agri export zones22 5 food parks (including 1 mega food park)23

Installed power 24

Thermal- 8543.83 MW Hydro- 1417.30 MW Renewables- 421.57 MW

Utilities

Electricit y cost 26

Food processing unit: USD 0.1225/KWH, USD 0.26/KVA/Month Cold storage & dairies with chilling plants: USD 0.1/KWH, USD

5.61/KVA/Month

Water rates27

USD 0.23/ KL (Bulk ICI through meter) Connection fees: USD 109-505 (for metered ranging from 20-250mm and

above Dia) Meter rent: USD 1.5-17 (for metered ranging from 20-250mm and above Dia)

A number of industrial areas and food parks are available in the state for investors keen on setting up food processing units in the state. The key food parks in the state include:

S. No. Food Park Location Area

(in acres) Allotted area

(in acres) Area to be

allotted (in acres)

1 Jangipur Bengal Mega

Food Park

Jangipur, Murshidabad

86.20 18.86 22.66

2 Malda Food Park Mokdumpur- Malda 38.12 20.83 8.57

3 Food Park-Chakgaria Chakgaria, South 24 Paraganas

14.23 12.044 0

4 Siliguri Food Park

Rahamu jote, Lieusipukri

32.77 18.04 1.7

5 Kandua Food Park

(Phase I)

Sankrail,Howrah 54 54 0

6 Sudharas Food Park

(Phase II)

Sankrail,Howrah 49.98 49.98 0

7 Sudharas Food Park

(Phase III)

Sankrail,Howrah 34.12 33.11 1.01

Note: Kandua, Sudharas are part of same food park at Sankrail developed in 3 phases. *Balmer Lawrie & co(1), Central warehousing corp(2), AL Logistics pvt. Ltd(1), Allied ICD Services Ltd. (1), Century Plyboards Ltd. (2), Concor(1), Apeejay Infralogistics Pvt. Ltd (1), Ralson Petrochemicals Ltd(1),Five Star Container Terminals Pvt. Ltd(1), LCL Logistix (India) Pvt. Ltd (1), Phonex Logistics Pvt. Ltd(1).

Investment Environment & Opportunities in Food Processing: West Bengal 10

In addition to the above, land is also available at various industrial parks/ growth centres across the state.

S. No.

Industrial Park/Growth Centre

Location Owner/

Developer Type

Total Area (acres)

Area available (acres)

1 Panagarh Industrial Park

Bardhaman WBIDC* Multi-product manufacturing

1,458 454.687

2

Rishi Bankim Shilpaudyan Industrial Park

Naihati , North 24 Parganas

WBIDC Multi-product manufacturing, Non-polluting

97.38 10.19

3 Vidyasagar Industrial Park

Kharagpur, West Medinipur

WBIDC Engineering & Multi Product, Non-Polluting

1,166.64 480.785

4 Haldia Industrial Park

Haldia, East Medinipur

WBIDC Multi-product 334 306.575 (under

development)

5 Goaltore Industrial Park

Goaltore, West Medinipur

WBIDC Multi-product 950 Under

development

6 Aerotropolis Industrial Park

Andal, Bardhaman

Bengal Aerotropolis Projects Ltd.

Multi Product(MSME)

66 72 plots

7

Dabgram Industrial Growth Centre

Jalpaiguri WBIDC Multi Product

106 NA

8

Raninagar Industrial Growth Centre

Belakoba Gram Panchayat,Jalpaiguri

WBIDC Multi Product

152 4.56

Investment Environment & Opportunities in Food Processing: West Bengal 11

At 5.9 mn tonnes installed capacity15, the cold storage capacity in West Bengal is the 2nd largest in India. Further, the state has nine cold chain units under MoFPI16, and 15 major clusters17.

S. No. Cold Chain Project Location Type

1 Amicus Healthcare services and solution (P) Ltd. South 24 Parganas Fruits & Vegetables

2 Ascon agro products exporters and builders (P) Ltd. Hooghly Fruits & Vegetables

3 Basukinath Food Processors (P) Ltd. West Medinipur Fruits & Vegetables

4 Keventer Agro Ltd. North 24 Parganas Fruits & Vegetables

5 Prime cold stores (P) Ltd. Howrah Fruits & Vegetables

6 Prithvi Multipurpose cold storage (P) Ltd. * North 24 Paraganas Fruits & Vegetables, Dairy

7 Revati commercial (P) Ltd. Hooghly Fruits & Vegetables

8 Shimla Horticulture Howrah Fruits & Vegetables

9 Megaa Moda (P) Ltd. * Howrah Marine

Investment Environment & Opportunities in Food Processing: West Bengal 12

Investment Environment & Opportunities in Food Processing: West Bengal 13

State government initiatives (1/2)

The state government has undertaken number of reforms to offer an enabling and investor- friendly business climate for investors keen on setting up business in the state:

‘Shilpa Sathi’ or the State Investment Facilitation Centre (SIFC) has been established as the state-level nodal agency for time bound single-window clearances for large industries in West Bengal.

‘Shilpa Sathi’ provides guidance and information to investors about policies and programmes of the state. MSME Facilitation Centers (MFC) have also been set up in each district for MSMEs.

Mandatory e-registration: West Bengal has made e-registration mandatory during company incorporation. The state has also introduced dematerialized registration certificate.

Digitalizing land records: Property registration application and payment has been made online.

The registration process to avail incentives has been simplified and the number of documents required has been reduced substantially.

The state has established clear timelines (15 to 60 days) for any statutory permission with provision for deemed approval in case the action is not taken within the specified timelines.

West Bengal has moved to a “No Bandh” regime (i.e. no strikes/ lockouts) to ensure that the companies, businesses, offices and public are not disturbed and to ensure a disciplined work atmosphere in the state.

Investment Environment & Opportunities in Food Processing: West Bengal 14

State government initiatives (2/2)

Food processing in West Bengal is regarded as a “Sunrise Sector” with a host of initiatives and attractive incentives available for investors.

Key incentives available for the food processing industry under major policies of the state are summarized in the table below:

Key incentives

The West Bengal State Support for Industries Scheme, 201328

West Bengal MSME Policy (2013-2018)29

West Bengal Fisheries Investment Policy, 201530

Capital Investment Subsidy

15%-40% for small and micro enterprises

(ceiling of INR 50 lakh for small enterprises)

Micro: 15-40% up to INR 20 lakh Small: 10-50% up to INR 60 lakh Medium: 5-20% up to INR 75 lakh

Interest Subsidy

6%-7.5% subvention for micro and small enterprise

(25% of the total term loan interest for medium enterprises subject to a ceiling of INR 175 lakh/year for 5-7 years)

Electricity duty exemption

100% waiver of electricity duty till 5 years and 75% till 10 years

(subject to the maximum ceiling of INR 25 lakh per year/ INR 1.25 to INR 2.5 crore in 5 to 10 years)

50%-75% waiver for 5 years for micro & small enterprises.

100% waiver for 5 years with conditional 75% waiver from years 6-10 for medium enterprises

(subject to maximum of INR 25-50 lakh per year or INR 1.25-2.5 crore in 5 years)

Micro: 100% waiver for 6-7 years Small: 80%-100% waiver for 5 years Medium: 80%-100% waiver for 4 years

Power subsidy

Subsidy of Rs. 1-1.5 / Kwh for 5 years

(subject to a ceiling of INR 20 lakh for small and INR 30 lakh for medium enterprises)

Subsidy of INR 1-1.5 per KwH for 5 years upto INR 30-75 lakh

Investment Environment & Opportunities in Food Processing: West Bengal 15

Key incentives

The West Bengal State Support for Industries Scheme, 201328

West Bengal MSME Policy (2013-2018)29

West Bengal Fisheries Investment Policy, 201530

Anchor unit subsidy

INR 100 lakh subsidy for the first two manufacturing enterprises with minimum employment of 100 members and minimum investment of INR 50 crore.

Patent registration

50% of the expenditure incurred (includes amount spent on filing of patent, attorney fees, patent tracking) up to a maximum of INR 2 lakh per patent.

Waiver of land conversion fee

50%-100%

Conversion fee for converting the land from agriculture to fisheries / aquaculture use will be waived at 25%-90% based on zonal area classification

Stamp duty and registration fee waiver

50%-90%

25%-100% for MSE. 75% for medium enterprises

Refund of stamp duty and registration fee on purchase of land and buildings for Micro: 30%-100% Small:25%-100% Medium:20%-80%

Other incentives

80%-100% of expenditure incurred in contributing to Employees State Insurance (ESI) and Employees Provident Fund (EPF) reimbursed for medium and large if at least 50% of the employees are registered with the Employment Bank of the state.

Link for further details

http://bengalglobalsummit.com/pdf/policies/Incentive-Scheme-for-industries-2013.pdf

http://bharatchamber.com/MSME-policy-2013-18.pdf

http://bengalglobalsummit.com/pdf/policies/West-Bengal-Fisheries-Investment-Policy-2015.pdf

Note: Incentives on VAT have not been mentioned as they are in the process of undergoing change due to incident GST regime.

In addition, the government has also been encouraging participatory farming by inviting private companies to enter into MoUs with Farmers’ Producers Companies (FPC). The FPCs will produce fruits, vegetables as required by the private companies who in turn will have to compulsorily buy back the whole produce at mutually pre-determined rates. FPCs will receive benefits under schemes such as Mission for Integrated Development in Horticulture and Restructured Weather based Crop Insurance.

Investment Environment & Opportunities in Food Processing: West Bengal 16

Snapshot of potential investable projects

West Bengal offers tremendous opportunities for investment across the entire value chain in the food processing sector. An indicative list of potential projects for investment is presented in the table below:

Project name Processable Products Value Proposition

Starch processing Starch, glucose and related by-products

Rapidly growing global demand for corn starch in pharmaceuticals and ready-to-eat food items

Rice milling Processed and packaged rice, malted food

West Bengal is the largest producer of rice in India offering availability of abundant raw material at competitive prices.

Global rice bran oil market is expected to grow at a CAGR of 5% till 2021. India has a potential of 1.4 mn tonnes of rice bran oil production but current production is 0.9 mn tonne thereby offering significant opportunities to meet unmet demand in a growing market.

Rice bran oil

Refined rice bran oil

Rice bran oil consumption in the country is rising and is currently at nearly one mn tonnes per annum. However, there is untapped potential to boost output and demand.

With West Bengal being the one of the largest producers of rice, there is tremendous scope for this industry in the state.

Dal mill Processed and packaged dal

There is a large market for pulses/dal in India where 90% of the produce is consumed locally. There is no organised dal milling activity in the region as the market is highly fragmented, thus providing an opportunity for consolidation.

Vegetable dehydration unit

Dehydrated vegetables

India is the second largest producer of fruits and vegetables in the world after China. West Bengal ranks 2nd in vegetable production in the country thereby offering availability of abundant raw material at competitive prices.

Rapidly growing Indian market wherein dried and preserved vegetables market in India is expected to grow at 16% CAGR by 2020 whereas global freeze-dried food market is expected to grow at 7% CAGR till 2021.

Investment Environment & Opportunities in Food Processing: West Bengal 17

Project name Processable Products Value Proposition

Potato processing Dehydrated potatoes, potato chips/wafers

Rapid urbanization and improving standards of living has led to many fold increase in demand of potato chips.

West Bengal is one of the largest producers of potato in India offering opportunities for efficient and timely supply while serving in one of the high demand markets.

Fruit processing

Dehydrated fruits, fruit juice, jam/jelly/marmalade, squash, papaya candy, watermelon juice, banana powder, fruit wine, processed pineapple , osmodried fruits

Global fruit processing market is expected to grow at a CAGR of 7.6% during 2017-23. India’s fruit processing industry is however growing at a much faster rate of 13%.

West Bengal is the highest producer of pineapple and banana and second largest producers of litchi. It also produces mangoes, papaya, guava and jackfruit in plenty, thereby offering availability of abundant raw material at competitive prices.

Fish processing Prawn, shrimp, pomfret, squid

Global fish processing market is expected to grow by 2.2% during 2016-21 wherein India’s fish and seafood processing market grew rapidly at a CAGR of 24.9% during 2011-15.

This presents investment opportunities in a fast growing market, especially when West Bengal is the 2nd largest producer of fish in India.

Investment Environment & Opportunities in Food Processing: West Bengal 18

References

1. http://www.mospi.gov.in/statistical-year-book-india/2017/171

2. http://www.mospi.gov.in/statistical-year-book-india/2017/171

3. http://www.mospi.gov.in/publication/state-domestic-product-state-series-2004-05# Exchange rate: 1

year average 61.147 (https://www.rbi.org.in/scripts/referenceratearchive.aspx)

4. http://pib.nic.in/newsite/PrintRelease.aspx?relid=123563 5. http://dipp.nic.in/sites/default/files/india_FDI_July2013_0.pdf

http://dipp.nic.in/sites/default/files/india_FDI_May2014_0.pdf http://dipp.nic.in/sites/default/files/FDI_FactSheet_January_March2017.pdf

6. http://www.mospi.gov.in/statistical-year-book-india/2017/190 ; excludes project roads 7. http://pib.nic.in/newsite/PrintRelease.aspx?relid=155019

8. http://www.wbidc.com/about_wb/physical_infrastructure.htm

9. http://www.aai.aero/allAirports/airports.jsp

10. http://mospi.nic.in/sites/default/files/statistical_year_book_india_2015/Table-8.3%20.xlsx

http://agricoop.nic.in/sites/default/files/2015-16%20%28Final%20Est.%29_0.xlsx http://eands.dacnet.nic.in/PDF/Glance-2016.pdf

11. http://mofpi.nic.in/sites/default/files/ministrys_notification.pdf

http://sezindia.gov.in/writereaddata/pdf/ListofoperationalSEZs.pdf http://apeda.gov.in/apedawebsite/trade_promotion/Agri_Export_Zone.htm 10

12. http://www.mospi.gov.in/sites/default/files/statistical_year_book_india_2015/Table-8.1_0.xlsx

13. http://agropedia.iitk.ac.in/content/agro-climatic-zone-west-bengal

14. http://geo-sampada.nic.in/

https://data.gov.in/catalog/district-wise-season-wise-crop-production-statistics 15. http://pib.nic.in/newsite/PrintRelease.aspx?relid=168990

16. http://www.mofpi.nic.in/sites/default/files/website_cold_chain_status_18.08.2017.pdf

17. http://www.msmetfc.in/cluster-activity

18. http://www.mofpi.nic.in/sites/default/files/asi_state_wise_2014-15.pdf

19. http://commerce.nic.in/trade/ICD_list.pdf

20. http://www.bengalglobalsummit.com/pdf/Industrial%20Park%20Brochure.pdf

21. http://sezindia.gov.in/writereaddata/pdf/ListofoperationalSEZs.pdf

22. http://apeda.gov.in/apedawebsite/trade_promotion/Agri_Export_Zone.htm

10 23. http://mofpi.nic.in/sites/default/files/ministrys_notification.pdf

24. http://www.cea.nic.in/reports/monthly/installedcapacity/2017/installed_capacity-01.pdf

25. http://sfacindia.com/UploadFile/Statistics/State%20wise%20summary%20of%20registered%20and%

20the%20process%20of%20registration%20FPOs%20promoted%20by%20SFAC%20(as%20on%2031st

%20March%202017).pdf

26. http://www.wbsedcl.in/irj/go/km/docs/internet/new_website/pdf/Tariff_Volumn/Gist%20of%20the

%20Tariff%20order%20dated%2028-10-2016%20for%20the%20year%202016-

17%20issued%20by%20the.pdf

27. https://www.kmcgov.in/KMCPortal/jsp/WaterSupplyFees.jsp

28. http://bengalglobalsummit.com/pdf/policies/Incentive-Scheme-for-industries-2013.pdf

29. http://bharatchamber.com/MSME-policy-2013-18.pdf

30. http://bengalglobalsummit.com/pdf/policies/West-Bengal-Fisheries-Investment-Policy-2015.pdf

Investment Environment & Opportunities in Food Processing-West Bengal 19

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Without limiting the rights under the copyright reserved, this publication or any part of it may not betranslated, reproduced, stored, transmitted in any form (electronic, mechanical, photocopying, audiorecording or otherwise) or circulated in any binding or cover other than the cover in which it is cur-rently published, without the prior written permission of MoFPI, EY and CII.

All information, ideas, views, opinions, estimates, advice, suggestions, recommendations (hereinafter‘content’) in this publication should not be understood as professional advice in any manner orinterpreted as policies, objectives, opinions or suggestions of EY and CII. Readers are advised to usetheir discretion and seek professional advice before taking any action or decision, based on thecontents of this publication. The content in this publication has been obtained or derived from sources believed by EY and CII to be reliable but MoFPI, EY and CII do not represent this in-formation to be accurate or complete. MoFPI, EY and CII do not assume any responsibility and disclaim any liability for any loss, damages, caused due to any reason whatsoever, towards any person (natural or legal) who uses this publication.

This publication cannot be sold for consideration, within or outside India, without express writtenpermission of MoFPI, EY and CII. Violation of this condition of sale will lead to criminal andcivil prosecution.

The Ministry of Food Processing Industries (MoFPI), Confederation of Indian Industry (CII) and Ernst &

Young (EY) © 2017

TRANSFORMING THE FOOD ECONOMY3-5 November, 2017 | Vigyan Bhawan, New Delhi, India

About World Food India

A global event to facilitate partnerships between Indian and international

businesses and investors, World Food India (WFI) is a gateway to the Indian

food economy and an opportunity to showcase, connect, and collaborate.

Write to us at:

Ministry of Food Processing Industries,Government of IndiaPanchsheel Bhawan, New Delhi, India.

Telephone Number: +91 11 -26492216/ 26492174/ 26493227/ 26490933Find us at: http://mofpi.nic.in/

https://www.worldfoodindia.in/

91Department of Food Processing Industries & Horticulture,

Government of West Bengal

Mayukh Bhavan(4th Floor), Salt Lake, Kolkata-700091