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Buy Food Processing Scrips !
We suggest you buy food scrips at declines. Wait for the market to bottom out and buy these scrips ! The major food scrips are Nestle India Ltd Cadbury's India Ltd Kelloggs India Hindustan Lever Ltd ITC-Agro Godrej Foods MTR Foods Ltd Amul Ruchi Soya Brittania Marico Tata Tea Dabur etc Amul's turnover is more than 1.7 billion USD. ITC Foods' Ashirvad and Sunfeast brands have already captured the market. MTR Foods is a good buy. It has been acquired by ORKLA. One need not unduly highlight the potential of the MNC scrips like Cadbury's, Nestle and Kellogs ! Still there are many challenges for the Indian f p industry. After the success of the Green and White revolutions, India became a major provider of foodgrains, fruits, vegetables and milk. But this success was not matched by developments in supply chain management and in new technologies for the preservation, processing and storage of food. More than 70% of fruits goes waste due to lack of infrastructural facilities, lack of cold storage units and warehouses. Near starvation and pockets of shortages, substantial wastage due to spoilage, quality deficiencies and inadequate returns to farmers characterise this sector. The Indian F P Minister told the Western powers " We have the raw material, you have the technology. So please invest in India " He is right, as India produces 13% of the world's vegetables and 10% of the world's fruits !. At the moment, India needs an investment of $30 b in this sector. Rising incomes for the middle class, rising urbanisation, rising dual income households, all point out to the fact that the numero uno industry for India will be food processing ! In Financial Astrology, Jupiter rules fruits and vegetables. His placement in the 9th does augur well for this industry. So you can invest in these scrips, when the market reacts sharply ! Buy cheap, sell dear ! The Sensex is predicted to go beyond 50 K in this decade, as the Indian GDP will quadruple. Food Processing, IT, BT, BPO, Auto - these are the industries which will be rising in this decade. Auto is growing and so is IT. The total IT exports are valued at $ 50 billion, making India one of the best IT nations in the world. Because more than 40% Indians speak English and Indians have mastered programming and web designing skills. Of course, there are a lot of sectors which needs improvement - agriculture is one of them - but then India, when fully developed, will be a world power. A second Green Revolution is in the offing and Retail Revolution will work wonders for India. India's current GDP PPP is estimated as 3.5 trillion USD and will become $ 14 trillion within ten years, making India a world power, the third, behind China and US. Article Directory: http://www.articledashboard.com Article by G Kumar, astrologer, academician & programmer of www.eastrovedica.com . He gives free tips at www.astrologiavedica.com/html/diverseblogs.htm and his ebooks can be had at www.astrognosis.com/html/ebooks.htm |
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