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India’s food-tech industry to grow at 25% CAGR to USD 8 billion by 2022-end

Source: Economic Times 

Rising internet penetration, increasing ordering frequency and favourable consumer disposition are some of the factors driving growth in the Indian food-tech industry that is poised to grow at a compound annual growth rate of 25-30 per cent to USD 8 billion by the end of 2022, a report by Google and Boston Consulting Group (BCG) said.