Industry expected to see growth 6.4% CAGR over 2016-2021, due to increasing production capacity, positive outlook for India’s agricultural sector, and continuous export growth
Improving business environment encourages key players to invest in capacity expansion
Increased raw materials prices pressurise industry’s profitability
Producers’ revenue increases by 7.1 % in 2016, backed by strong domestic demand and surging shipments overseas
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