INDIA: CORPORATE WATCH
HARD TIMES FOR FOOD PROCESSING INDUSTRY
THOUSANDS OF JOBS ARE AT STAKE
2009-09-04 09:15
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With food prices skyrocketing in the country, local food processing companies are in for hard times in the coming months. The procurement itself of adequate quantities of basic inputs such as grains, pulses, wheat, floor, fruits, potato, tomato, ginger, lemon, red and green chillies, spices and vegetable oil is posing a challenge for small-scale units engaged in food-processing in the face of their growing shortage in the market.