With a population of 1.1 billion and a large and growing middle class, India holds great potential for exporters. A stable annual growth of 8 percent, rising foreign exchange reserves, and a booming capital market contribute to the second-fastest-growing major economy in the world. The amount of money Indians spend on food has more than doubled in the past decade, to nearly $1 billion per year, making India an attractive market for food and beverage suppliers worldwide.