<p>“Entrepreneurs face difficulties in getting bank loans because this is a perishable goods industry,” Food Processing Industries Minister Subodh Kant Sahai said here on Friday.<br />“Hence, we are looking at a separate venture capital fund or a bank for this,” Sahai said. <br />The venture capital fund was one of the suggestions that were put forward to the minister in the meeting with the CII.<br /><br />According to the “India Food Report 2008” of markets data provider Research and Markets, the Indian food industry is estimated at over $182 billion of the country’s retail sector.</p>
<p>“Entrepreneurs face difficulties in getting bank loans because this is a perishable goods industry,” Food Processing Industries Minister Subodh Kant Sahai said here on Friday.<br />“Hence, we are looking at a separate venture capital fund or a bank for this,” Sahai said. <br />The venture capital fund was one of the suggestions that were put forward to the minister in the meeting with the CII.<br /><br />According to the “India Food Report 2008” of markets data provider Research and Markets, the Indian food industry is estimated at over $182 billion of the country’s retail sector.</p>