The biscuit industry in India witnessed annual growth as below in the last couple of years:-
- 2008-09 - 16%
- 2009-10 - 14%
- 2010-11 - 11%
- 2011-12 - 11%
- 2012-13 - 09% (April-September 2012)
While the growth rate has been stagnating during last 4 years, it picked up momentum during the 2008-09 mainly on account of exemption from Central Excise Duty on biscuits with MRP up to Rs.100/per kg, as per Union Budget for 2007-08. However growth further declined from 2009-10 to 2011-12 and the first half of 2012-13.
The organized biscuit manufacturing industry's annual production figures are given below:-
- 2008-09 - 17.50
- 2009-10 - 18.50
- 2010-11 - 19.00
- 2011-12 - 20.50
- 2012-13 - 10.50 (April to September 2012)