STARCORE REFRIGERATION LTD. was founded by Mr. Kartik Nagarajan and Mrs. Ramachandran Padmavathi in the year 2012. India was very new to the frozen food processing business, and only a few companies were able to freeze agricultural produce that would otherwise decay if not in demand or consumed. When supply exceeded demand, farmers were unable to recoup their investment, leading to the dumping of the crop.
While other developed countries used to freeze produce during growing seasons and store it in frozen chambers to balance the demand-supply chain, India was falling behind and unable to maintain balance between farmers and consumers.
India’s GDP trajectory suggests that in order to secure a growth rate of 8+% YOY, women must be employable by over 30% to reach a 52% contribution in various fields such as technology, food industry, agriculture, pharmaceuticals, and services. Greater participation by women will enable India to align itself with China’s growth story.
Exporting frozen food from India presents a promising opportunity for entrepreneurs looking to tap into the global market. The demand for frozen food products is on the rise, both domestically and internationally.
The local market boasts a healthy profit margin of 20% to 30%, enticing many frozen food exporters in India to explore international markets further. And rightfully so, as international markets offer even more substantial margins, averaging between 80% and 100%.
Within the Indian frozen foods market, there is a vast array of opportunities, from frozen fruits and vegetables to ready-to-eat meals. Indian exporters have the chance to capitalize on this growing market by providing high-quality frozen food products to consumers worldwide.
Moreover, the frozen food industry in India offers various avenues for success, including exporting frozen vegetables from India, exporting frozen chicken from India, and supplying ready-to-eat Indian frozen food products to international markets.
The frozen food export industry in India is ripe with opportunities for growth and expansion. By capitalizing on the increasing demand for frozen food products both domestically and globally, Indian exporters can establish themselves as key players in the thriving frozen food market.
Starcore has been building machines for the food processing industry with special emphasis on…
For building a value chain so that every woman is empowered to contribute and help the country grow, and for every farmer to maximize their return on investment, reducing the wastage of perishable foods is crucial for the development of the country and the world.
Starcore has been building machines for the food processing industry with special emphasis on…
For building a value chain so that every woman is empowered to contribute and help the country grow, and for every farmer to maximize their return on investment, reducing the wastage of perishable foods is crucial for the development of the country and the world.
These growth drivers can propel our country to be self-reliant and ensure that our GDP per capita increases, lighting every home, transforming the lives of every Indian, and aspiring to build a robust, clean, green economy for our future generations to come.
STARCORE REFRIGERATION LTD. was founded by Mr. Kartik Nagarajan and Mrs. Ramachandran Padmavathi in the year 2012. India was very new to the frozen food processing business, and only a few companies were able to freeze agricultural produce that would otherwise decay if not in demand or consumed.