MoFPI Secretary Dr. Subrata Gupta Hosts Roundtable on Bakery and Confectionery Industry Growth
Dr. Subrata Gupta Chairs Bakery and Confectionery Industry Roundtable to Drive Growth and Innovation
Dr. Subrata Gupta, Secretary of the Ministry of Food Processing Industries (MoFPI), presided over a roundtable discussion with key business leaders from the bakery and confectionery sector at Vigyan Bhawan Annexe, New Delhi. The session provided a collaborative platform to address sectoral challenges and explore actionable strategies to enhance growth and global competitiveness.
Key Discussions and Insights
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Raw Material Availability and Supply Chain Improvements
Participants emphasized the need for high-quality raw materials and streamlined supply chains to support both large-scale and small-scale manufacturers. -
Regulatory Reforms and Ease of Doing Business
Industry leaders highlighted the importance of simplified regulatory frameworks and policy alignment to create a more conducive business environment. -
Empowering Small-Scale and Specialty Manufacturers
The integration of informal sector units into the formal economy was identified as critical for improving efficiency, scalability, and quality adherence. -
Sustainability and Technological Innovation
Stakeholders recommended adopting advanced technologies and increasing domestic production of key inputs like cocoa to unlock new opportunities. -
Skill Development and Capacity Building
The need for targeted programs to enhance productivity, foster innovation, and support the expansion of small and medium enterprises (SMEs) was underscored. -
Consumer Awareness and Market Expansion
Suggestions included campaigns to promote the benefits of processed foods and encourage greater domestic consumption.
Government’s Commitment to Growth
Dr. Gupta assured the participants of MoFPI’s dedication to addressing industry challenges through a collaborative approach. He emphasized the importance of:
- Strengthening public-private partnerships.
- Building robust value chains.
- Creating a supportive ecosystem for sustainable growth.
Path Forward
Industry representatives were encouraged to engage with Invest India and submit detailed proposals to help shape strategies that address the sector’s needs effectively.
This roundtable underscores MoFPI’s commitment to fostering sustainable growth and enhancing global competitiveness in India’s bakery and confectionery industry. It marks a significant step toward unlocking the sector’s full potential.