The Dollar Business May 2016 Issue - on stands now! Don't miss the cover story: Food Processing Is India, making, baking and serving it right? https://www.thedollarbusiness.com/magazine/

1. FOREIGN TRADE . EXPORTS . IMPORTS
www.thedollarbusiness.com Vol.3 Issue 05 May 2016 100 $2
IS INDIA
SQUEEZING
ENOUGH
JUICE
OUT OF THE FOOD
PROCESSING INDUSTRY?
India's food processing
industry has forever been
plagued by problems
aplenty. And the concerns
have prevented it from
fulfiling its golden
promises.
ASHOK GAJAPATHI RAJU
Union Minister for Civil Aviation, GoI
DR. GURUPRASAD MOHAPATRA
Joint Secretary, SEZ & EOU,
Ministry of Commerce & Industry, GoI
PIRUZ KHAMBATTA
Chairman & MD, Rasna International, and
Chairman, CII National Committee
on Food Processing
AMANDA HODGES
Senior Trade & Investment Commissioner,
Australian Trade Commission, India
PANKAJ DUBEY
Country Head & MD, Polaris India
ASHOK G. RAJANI
Chairman, Apparel Export Promotion Council
...AND MORE!
EXCLUSIVE INSIDE
Hard drives
Not hard to drive in profits!
High demand calls for high imports
Salt
Notsocommonanexportidea
It's all about achieving economies of scale
Export Oriented Units
A story of rise and fall
Does eternal rest await them?

2. 8 THE DOLLAR BUSINESS II MAY 2016
Volume: 3 Issue: 05 May 2016
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INDIA’S FOOD PROCESSING INDUSTRY
HAS FOREVER BEEN PLAGUED BY
PROBLEMS THAT HAVE ARRESTED
ITS GROWTH. LOGISTICS AND
INFRASTRUCTURAL BOTTLENECKS,
INADEQUATE INVESTMENTS, UNDESIRED
POLICY CHANGES, LACK OF TALENT, AND
MANY OTHER SUCH CONCERNS HAVE
ERODED ITS POTENTIAL AND GLOW.
HOW MUCH LONGER BEFORE CHANGE
FOR THE BETTER OCCURS?
COVER STORY28
FOOD PROCESSING
IS INDIA,
MAKING, BAKING
AND SERVING
IT RIGHT?
President (VMPL) : Steven Philip Warner
& Editor-in-Chief
EDITORIAL & RESEARCH
Editor : Manish K. Pandey
Executive Editor : Indranil Das
Associate Editor (Print) : Andres M. Molier
Associate Editor (Online) : Sheela Mamidenna
Sr. Assistant Editors (Print) : Sisir Kumar Pradhan,
Shivani (Vig) Kapoor
Assistant Editors (Print) : Neha Dewan, Ahmad Shariq Khan,
Sairaj Iyer
Assistant Editors (Online) : N. Sharath Chowdary,
Aamir Hussain Kaki
Principal Correspondents : Vanita Peter D'souza, Deepak Kumar
Correspondents : Aadhira Anandh M., Jasleen Kaur,
Manisha Choudhari, Pooja Jain
EDITORIAL CONSULTING BOARD
Founder & Editor : Anil Goyal
Publisher : Avnish Goyal
Chief Consulting Editor : Dr.A. K. Sengupta
Editorial Advisors : Dr. N.K. Goyal (CMAI),
Atul Kumar Saxena (IIA)
ADVERTISEMENT SALES & MARKETING
Vice-President : Aninda Mondal
Associate Vice-President : Dharmendra Jaiswal
Manager : Kamlesh Tripathi, Santosh Pandey,
Bhaskar Joshi, Pramveer Singh
Executive : Maleeha Mushtaq
InternationalRepresentatives
Seoul(SouthKorea) : Justin Yoon (+82-2-6241-4256)
London(UK) : S. Puri (+44 207 376 1996)
ART & PHOTOGRAPHY
Art Director : Sujesh Kumar G.
Senior Designer : Shaik. Masthan Vali
Designer : Gopal Ganesh Reddy
Photographer : Dileep Kumar
THE DOLLAR BUSINESS ONLINE
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CIRCULATION, SUBSCRIPTION & DISTRIBUTION
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Associate - Outreach :
HR, FINANCE & LOGISTICS
Sr. Manager – HR : Rasanpreet Kaur
Manager – Accounts : Parchuri Jhansi
Asstt. Manager : Helen Mary
Sr. Executives : Swati Sharma, Ganesh Alagonda
Associate : Inderkant Padampalle
PRINTER
Kala Jyothi Process Pvt. Ltd.,
1-1-60/5, RTC Cross Road, Musheerabad, Hyderabad, Telangana 500020, IN
PUBLISHED AT
5-2-198/4, Distillery Road, Ranigunj, Secunderabad, Telangana 500003, IN
FOR EDITORIAL/CONTENT
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© Copyright 2016
No part of this magazine may be reproduced in whole or in part without an ex-
pressed permission of the publisher. The information on this magazine is for
information purpose only. Manish K. Pandey, Editor, The Dollar Business, is re-
sponsible for the selection of news and content under PRB Act. Vimbri Media Pvt.
Ltd. assumes no liability or responsibility for any inaccurate, delayed or incomplete
information, or for any actions taken in reliance thereon. The information contained
about each individual, event or organisation has been provided by such individual,
event organisers or organisation without verification by us. All disputes are subject
to exclusive jurisdiction of competent courts and forums in Hyderabad, Telangana.
Printed and published by Avnish Goyal for Vimbri Media Pvt. Ltd. Published at
5-2-198/4, Distillery Road, Ranigunj, Secunderabad - 500 003, Telangana.
Printedat:KalaJyothiProcessPvt.Ltd.,1-1-60/5,RTCCrossRoads,Musheerabad,
Hyderabad - 500 020, Telangana.
MAY 2016 II THE DOLLAR BUSINESS 9
INBOX
LETTERS TO THE EDITOR
Readers’ feedback, criticism, and
appreciation that hit our mailboxes
in April 2016
MONOLOGUE
PEOPLE SPEAK
From Narendra Modi on GST Bill
to Vladimir Putin on Russia’s trade
with Finland, and more...
GLOBAL TRADE
The possible impact of BREXIT
on the UK economy; Sweden’s
concerns over Maine lobsters and
much more..
INDIA TRADE
From India’s rising trade deficit to
dairy exports to Russia to preferen-
tial trade agreement between with
Chile and a lot more.
SPOTLIGHT
AUSTRALIA
The 12th
largest economy is still
dependent on mining & agriculture
IMPORTO’NOMICS
MOBILITY DEVICE COVERS
Why importing mobility device
covers from China makes sense
SECRET INGREDIENT
SALT
India is one of the largest exporters
of salt, but logistics remain a hurdle
BESTSELLER
HARD DISC DRIVES
The ever-increasing need for digital
storage is fuelling its imports
PRIME FOCUS
EOUs
The declining performance of EOUs
has been a cause for concern. Is
there a way to reverse the trend?
DOCKYARD
COCHIN AIRPORT
CIAL has been the poster boy of
PPP projects in India, and its
expansion plans are noteworthy
NEXTGEN NEWSMAKER
KASHMIR BOX
Founder & CEO shares his plan of
taking the ‘Kashmir’ brand to the
world via e-commerce
TDB FORUM
Questions about foreign trade that
hit our mail box in April 2016
DATEBOOK
Some trade shows you shouldn’t
miss out in India and abroad in
May and June 2016
ASHOK G. RAJANI
Chairman, AEPC, discusses
issues that are hurting the
Indian apparel industry
AMANDA HODGES
Senior Trade Commissioner,
Australian Trade Commission,
on upcoming FTA and more
PANKAJ DUBEY
Country Head & Managing Director, Polaris India on
how he plans to tap the nascent ATV market in India
ASHOK GAJAPATHI RAJU
UNION MINISTER FOR CIVIL AVIATION
Talks about the 5/20 rule and his vision for the civil
aviation sector
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3. 28 THE DOLLAR BUSINESS II MAY 2016 MAY 2016 II THE DOLLAR BUSINESS 29
IS INDIA
MAKING, BAKING,
PACKING,
TRANSPORTING
AND SERVING
IT RIGHT?
Despite being one of the largest producers of agricultural products
in the world, India's food processing industry remains for all
practical purposes, an infant! Logistics and storage issues have
led to enormous wastages over the years in an industry worth
$67 billion, and which provides direct employment to some 13
million people. But there's hope. The Centre's recent nod to allow
100% FDI in made in India processed food retail and efforts to
encourage investments in infrastructure through lower import
duties could lead to better days ahead for the industry.
Or are we just being unjustifiably optimistic?
The Dollar Business analyses.
BY THE DOLLAR BUSINESS INTELLIGENCE UNIT
COVER STORY FOOD PROCESSING