Business Chief APAC+ANZ Magazine July 2017 | Page 37

FOOD AND DRINK
industry in India hasn ’ t evolved to a point where the end user can demand a certain amount of food safety procedures , allowing suppliers to base their expenses on demand and ultimately having no procedures in place .
“ It ’ s very much a sellers ’ market . We have an environment with one or two suppliers that can cater to your specifications and standards ,” says Jetley .
“ It makes it difficult for us to create any lateral movements with the suppliers and hinders any negotiations on prices or timeframes as , quite frankly , there ’ s nowhere else I can go .” An ever-present conversation for the food industry globally is that of cold storage , and in India this has been a historical issue . As a powerstarved country , adopting and using refrigerated transport storage proves a very costly process ; resulting in only a limited number of companies being able to utilise cold storage .
Technological advancements , including www . tgifindia . com 37