Category Archives: Industry

Convenience Food Sector in India

Posted By Team MCG OnDecember 12, 2014

Convenience food sector in India has been growing at a fast pace in the recent years. Affordability, willingness to experiment different and new products, changing tastes and preferences are the key drivers of this growth. Advancements in the food processing techniques and packaging technology resulting in extended shelf life are large contributors to the growth in this sector. Apart from increasing the product life, these technologies also aim at preserving the food values and minimizing […]

Cold Chain Sector in India

Posted By Team MCG OnNovember 27, 2014

The Indian cold chain sector is driven by the increasing demand for perishable products from urban areas as well as the overall need to reduce wastage of agricultural produce and other perishable products. Despite holding significant position in global production of dairy products, fruits & vegetables, food grains and fish, India’s contribution to global food market is merely around 1%. The required cold storage capacity in India is more than 60 million tonnes. Recognised as […]

Paints and Coating Sector in India

Posted By Team MCG OnNovember 25, 2014

The domestic paints and coatings sector presents a significant opportunity owing to the rising emphasis on aesthetics and design. Product portfolios of Indian paint companies have undergone considerable improvements in the recent years. Large scale urbanisation and developments in construction sector are the key drivers for the high growth in the decorative paints segment. Significant changes have also been witnessed in the marketing of paints and coatings. The decorative paint market witnesses peak demand […]

Hospitality Sector in India

Posted By Team MCG OnNovember 22, 2014

India is ranked 11th among attractive travel destinations in the Asia Pacific region according to World Economic Forum. The country is witnessing buoyant domestic as well as foreign tourist arrivals. Foreign tourist arrivals increased from 5.78 million to 6.97 million during 2010 to 2013 registering a growth rate of 8%. Apart from leisure tourism, business travel to India is also on the rise owing to the robust economic growth. The rise of IT/ITES sector […]