Food Industry – A prime sphere of concern
Food industry- when we hear off, the first to strike our minds is eatables, eatables, and eatables!!! However thinking from the scientific context, to be more term specific, food industry may be defined as any profit savvy commercial setup to narrow the gap between demand and supply in terms of any agricultural produce and its edible byproducts. Although a basic amenity, this is one of the never-ending employing sectors. Every farmer whether small scale or large scale irrespective of his income, status, land size, cultivation directly or indirectly contributes to the global share of Indian Food Industry export.
Since a basic amenity to survive becomes the need of the hour that a proper regulatory body interferes with the whole manufacturing and trading process of the food industry. Currently speaking from India’s point of view, we have diverse varieties of natural and hybrid foodstuffs that seed our market to suffice the consumer needs and their satiate value.
As per the report quoted by India Blend Equity Foundation (IBEF) in Jan 2017, the Indian food industry- a golden sparrow for Indian exports is expected to shoot by 11% from the US $ 39.71 billion to the US $ 65.4 billion in 2018. This rate is quoted as Compounded Annual Growth Rate (CAGR). Presently food industries in India is witnessing huge interference from the Ministry of Food Processing Industry and Ministry of Health and Family Welfare, GoI to ensure exports and imports of the different products ultimately satiating the hunger of population on either side of the territory; thereby with the aim of boosting up contribution to Indian GDP and strengthening the inter-territorial trade relations.
It is indeed the prime concern of food regulating authority to check for the compliance with food safety and security norms. Food Safety and Security Authority of India (FSSAI) is at the supreme position in India. It is a governmental body set up under Ministry of Health and Family Welfare (MoFW). It is their duty to ensure timely implementation and enforcement of the regulations for food safety as laid down under Food Safety and Standards Act (2006). After passing the QC and QA tests as well as after HACCP assurance under Indian food regulatory agency, the food stuffs planned for export from India, requires compliance with the harmonized international food regulations constituted by the Codex Alimentarius Commission- an inter-governmental body or to be more specific a sub-body of the collective effort of the Food and Agriculture Organization of UN and WHO currently comprised of 187 Member States and Member Nations framed in 1963 to keep an eye on illegal and malpractices followed in trading of food products as well as to ensure complete health and hygiene of consumers all over the globe. This body works on the genuine advise from chemical and microbiological QC’s.
Complying with the regulations prescribed by the Food Safety and Quality Assurance protocols such as that of HACCP (Hazard Analysis and Critical Control Points), GMP and GHP norms, it can timely be assumed that the future of the Indian food industry is in safer hands provided they completely comply with each and ever norms meant to aim food safety and hygiene of the targeted audience. Thereafter it can be assured that the food is safe for consumption their market value contributing to profitable income for the food firm itself and increasing the GDP of the concerned economy in addition to suffice consumer needs. This will ultimately pave the way for the firm to thrive in the global competition and derive maximum profit. All this depends completely on how the firm is loyal to its consumers.