With a continuously growing population, India faces a real challenge in fulfilling the target of
food security for all of her citizen. Parallel to increment of food production, better processing of
it as well plays a vital role in ensuring nutrient food to all in a sustainable fashion. Food
processing industry may plays a vital role in this direction and, therefore, occupies an important
place in India’s overall economic growth, in general and that of her manufacturing sector, in
particular. For its significant share to the industrial output and both direct and indirect
employment generating capacity, food processing industry is considered to be a remarkable
pooling factor for the prosperity of agricultural sector as well. In this study, we explore the
performance of the production units of this industry. We have analyzed data on Annual Financial
Statements of food processing companies, collected through Prowess database of Centre for
Monitoring Indian Economy (CMIE) during 2000-2015.