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Statement:

The food processing industry was touted to be a sunrise industry for India some years ago and, on the face of it, there was little reason to doubt that

Conclusions:

(I) India has an advantage in food processing because of the varied agro-climatic conditions and availability of raw materials.

(II) Food processing is one of the basic industries which supports our lives.

If only conclusion I follows
If only conclusion II follows
If neither I nor II follows
If both I and II follow
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