India biscuit market grew in 2017-2020 owing to the change in lifestyle, increase in the working population and increase in the demand for ready-to-eat food products. Furthermore, government decisions such as Retail and Wholesale Trade in MSMEs, allowing 100% FDI in the retail sector and funding the Production Linked Incentive (PLI) for enhancing manufacturing capabilities and exports would give a tremendous boost to the retail, food, hospitality and commercial sectors. These sectors in turn would lead to the growth in hypermarkets, supermarkets and retail stores, thus bolstering the aforesaid market in the region.
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