Yes. The trick is to start with small investments and reap more benefits by targeting retail chains. Proper packaging facilitates convenient consumption. Hence, consider marketing your product in those segments where there is a high demand for ready-to-eat packaged food.
The food packaging industry is predicted to grow by ₹ 1170 billion in 2021. Since India is an agriculture-based country, the raw materials need to be processed and packaged before marketing them. India is the second-largest producer of food-grains and leads in the production of livestock and plantation crops. Hence, there is considerable scope of foreign investment in processing and packaging.