Economy, asked by chiragpatidar309, 1 month ago

Indian ice-cream industry is one of the fastest growing segments of the dairy and food

processing sector. India has a low per capita consumption of ice-cream of 400 ml whereas in

USA it is 22,000 ml and in China it is 3000 ml. The per capita consumption of ice-cream is low in

India because it is a country filled with traditional sweets of more than 100 varieties. In

developed countries, people have either pastries or ice-creams for dessert. In the era of

Globalisation, the mindset of the people is fast changing. This is because multi-national

companies have set up a number of ice-cream parlours, with a lot more varieties and flavours

that attract the younger lot. Besides this, there are better delivery systems. The ice-cream

sector has great potential for growth in the country due to improvement in the cold chain

infrastructure, increasing disposable income and changing lifestyle of the people. However, it is

taxed higher with 18 percent GST while other dairy products in the same basket such as butter

and cheese are taxed at 12 percent. The ice-cream industry has generated revenue of more than

$1.5 billion in 2016-17. With an employment of 15 lakh people directly or indirectly, it is also

considered one of the largest employers of the dairy and food processing industry.




1 Identify the reason for low per capita consumption of ice-cream in India

2 Explain the impact of Globalisation on the Indian ice-cream industry

3 Find out the factors that could lead to the growth of ice-cream industry in India

4 Express your views about the implications of higher GST on ice-cream industry in India.​

Answers

Answered by rrai92244
0

Answer:

2)

Globalisation, the mindset of the people is fast changing. This is because multi-nationalthacompanies have set up a number of ice-cream parlours, with a lot more varieties and flavours that attract the younger lot

4)

However, it is

taxed higher with 18 percent GST while other dairy products in the same basket such as butter

and cheese are taxed at 12 percent. The ice-cream industry has generated revenue of more than

$1.5 billion in 2016-17. With an employment of 15 lakh people directly or indirectly, it is also

1)The per capita consumption of ice-cream is low in

India because it is a country filled with traditional sweets of more than 100 varieties. In

developed countries, people have either pastries or ice-creams for dessert

3)The per capita consumption of ice-cream is low in

India because it is a country filled with traditional sweets of more than 100 varieties. In

developed countries, people have either pastries or ice-creams for dessert

Explanation:

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