The present paper deals with the food processing industry and its meaning. It also deals with the Indian context of Food Processing Industry. India ranks first in production of milk pulses and tea & second in the production of fruits and vegetables in the world and second largest food producer in the world after China. The paper further discusses the opportunities in food processing industry. India being a fast growing economy has a lot of scope and opportunities in this sector. Paper also takes concern of the challenges and problems that the food processing sector in India face. There are a lot of reasons why one should invest in the food processing industry which has been discussed herein. In the end the paper gives a brief about the future of the industry in India.

KEYWORDS: Food Processing Industry, Fast Growing Economy, Food Producer.