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Growing food businesses across the ocean

Australia’s geographical advantages mean food growers and producers keen to supply India’s growing food market are in a great position to capitalise.

International consultancy firm McKinsey & Co. estimates the value of India’s retail food sector will more than double from US$70 billion in 2008 to US$150 billion by 2025, accounting for more than a quarter of the world food industry.

Australia’s geographical proximity assists its producers in reduced shipping costs, while the counter-seasonal harvest opens opportunities for exporters of fresh fruits and vegetables.

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