Indian Food and Beverage Targets Foreign Investment as Part of Ambitious Growth Plan

India intends to welcome 100 percent foreign direct investment in its food and beverage sector, announced by Minister of Commerce and Industry Piyush Goyal in 2025. The country seeks to double its food exports to USD100 billion by 2030. The readiness for foreign investment marks a pivotal shift to bolster the food processing and production technology sectors to meet both domestic and global demands. Government initiatives will streamline the process for foreign businesses eager to tap into India’s rapidly growing food consumption market, projected to surpass USD1.2 trillion in the coming years.