The Role of Technology in Reducing Food Wastage: A Business and Social Perspective

The Role of Technology in Reducing Food Wastage: A Business and Social Perspective

Shravan Shenoy H, Sonali Bellari, Smruthi, Shreya, Surya K, Sushaen Shivanand Mamadapur, Swati Kesharwani, Dr. Saurabh Srivastava Associate Professor Department of Management Studies Jain (Deemed-to-be University) Orcid Id: 0000-0003-4050-9656

Introduction

Food waste and hunger are two critical issues that coexist paradoxically in many parts of the world. India, known for its rich culinary traditions, faces a significant challenge in managing food waste while simultaneously combating food insecurity. Studies indicate that nearly 40% of the food produced in India goes to waste, contributing to economic loss, environmental degradation, and social inequality. Addressing this challenge requires innovative solutions that bridge the gap between surplus food providers and those in need.

In response to this issue, our research explores the concept of technology-driven food-sharing platforms as an effective method to reduce food waste and improve food security. Digital solutions, including mobile applications and online platforms, offer efficient ways to connect food surplus providers with recipients in need. By fostering a system of surplus redistribution, these innovations promote a more sustainable and socially responsible approach to food management.

This research paper critically examines the business viability, financial implications, market strategies and social impact of implementing technology-driven food-sharing solutions. It includes an extensive literature review to analyse existing models globally, followed by a quantitative and qualitative assessment of the potential success of such an initiative in the Indian market. Through this study, we aim to provide insights into how technology, strategic partnerships, and user engagement can contribute to a sustainable and economically feasible solution for food sharing