FOOD INDUSTRY (growing on the back of increasing disposable incomes).

(From India Business Insight)

The Indian food industry is on a growth path, driven by increasing levels of disposable incomes of consumers. The industry is witnessing decline in customers' expenditure on staples on the back of increasing popularity of ready-to-eat packs and eateries.

The processed food segment presently accounts for 32 percent or Rs1,280 billion of …