India is one of the largest producers of a number of agricultural commodities and has a positive trade balance in
this sector. The high economic growth, rise in income and a growing population that is willing to experiment with
international cuisine has increased imports of food products. With policy initiatives such as “Make in India”, the
government is attracting foreign companies to establish food business in India and the enthusiasm among foreign players to export and test market their products in India is growing. These factors have led to an increase in imports. As a signatory to the WTO’s Trade Facilitation Agreement, India is taking measures to implement trade facilitation initiatives, including initiatives to improve transparency, efficiency, and predictability in the import process. The country is also focusing on use of technology to improve Ease of Doing Business.
