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London-headquartered Luvata Group, a major semis fabricator, announced its intention to establish a new production facility in India as it endeavours to capture around 10% of this emerging market by 2015. The company anticipates that growth in the domestic heat transfer market will surge by 25% per annum, driven by demand from the processed-food, supermarket retail, horticultural crops and pharmaceutical sectors. Development of an effective refrigeration supply chain is one of the targets of the Ministry of Food Processing Industries and Luvata has highlighted opportunities in reducing the waste produced by India's large fruit and vegetable market.