Analytical Hierarchy Process-Based Analysis of Growth Drivers for the Food Processing Industry in India
Keywords:
Food Processing Industry (FPI), Mega Food Parks (MFPs), Analytical hierarchy process (AHP)Abstract
A strong and dynamic food processing sector plays a considerable role in the overall economic growth of a country. Food processing is the conversion of raw material into food or of food into other forms, by physical or chemical means. Since the establishment of the ministry of food processing industry in 1988, the food processing industries acknowledged close attention of this sector. To make India as a World Food Factory by creating a competitive framework for the growth of food processing sector along with state government is the vision of the model policy. The model policy suggested States to allot land on priority basis for Mega Food Parks (MFPs) to promote Agriculture & Food Processing Industry. The aim of this study is to identify and evaluate the growth factor affecting the food processing industry in India. The Analytical hierarchy process (AHP) has been used in this research.
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