Unfavorable weather this past summer caused a shortfall in food production that is now reverberating through the Indian economy. Food comprises half of India’s consumer price index and the cost of vegetables in this global number one vegetarian market has reportedly skyrocketed 61 percent. India, which has four times the population as the U.S. but just 28 percent of the arable land available per capita, nonetheless imports only a small fraction of the fruits and vegetables as the U.S. (see table below). India has 11 times as many vegetarians in its population as the U.S., yet it imports just 0.21 percent of the vegetables imported by the U.S. and just 3.46 percent the per capita volume of fruit imports. India employs hig...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.