What are the emerging trends in the Indian and other developed markets in ingredients for the bakery industry?
As consumer attitude towards bakery products in general changed from existing simple bakery products to healthy foods, the demand of ingredients also changed. Ingredients such as low calorie, sugar-free have become part of the product development process to create healthy and popular products. What are the challenges for the bakery industry in India? With the new foreign entrants in this industry, the bakery industry requires investment in machinery and also qualified personnel both in production as well as administration. To help the growth of bakery industry, the government should help the bakers to receive raw material like maida at a nominal price. The government should reduce import duties on machineries and ingredients. It will be very helpful if tax is abolished for bread in all states. What is the company’s R&D spending on health ingredients and specify the products in development? R&D is at the centre of our philosophy of growth – through providing our customers with the means
