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Food Processing

About Food Processing

India's food ecosystem offers huge opportunities for investments with stimulating growth in the food retail sector, favourable economic policies and attractive fiscal incentives. By 2024, the Food Processing industry will potentially attract USD 33 Bn investments and generate employment for 9 Mn people. The Food & Grocery market in India is the sixth largest in the world and it further constitutes almost 65% of the total retail market in India. Additionally, the government has sanctioned 42 Mega Food Parks (MFPs) to be set up in the country under the Mega Food Park Scheme of which 17 are currently functional.

Snapshot

  • 64 Opportunities
  • 480.21 mn USD Worth

Mode of Implementation

  • 30 Others
  • 5 EPC
  • 2 PPP
  • 1 Turnkey
Top performing states
Food Processing | Requirement

Subsectors

Food Processing

54 Opportunities

USD 415.78 mn worth

India is the world's 2nd largest producer of food grains, fruits, and vegetables

Meat & Poultry

6 Opportunities

USD 2.17 mn worth

India has the world's largest population of livestock

Food Parks

4 Opportunities

USD 62.25 mn worth

India has 17 operational Mega Food Parks

Top Promoters

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Policies
  • Creation of Infrastructure for Agro Processing Clusters

    To provide integrated and complete preservation infrastructure facilities from the farm gate to the consumer.

  • NABARD

    The Government of India encourages farmers in taking up projects in select areas by subsidizing a portion of the total project cost. All these projects aim at enhancing capital investment, sustained income flow and employment areas of national importance.

  • Creation / Expansion of Food Processing & Preservation Capacities (CEFPPC)

    Creation of processing and preservation capacities and modernization /expansion of existing food processing units which will help in increasing the level of processing, value addition and thereby lead to the reduction of wastage and enhancement of farmers? income.

  • Scheme for Cold Chain, Value Addition and Preservation Infrastructure under PMKSY

    The scheme envisages financial assistance to food processing units in the form of grant-in-aid.

  • Agriculture Export Policy

    To promote exports, increase investments and provide an institutional mechanism for agriculture sector

  • Highlight of Budget 2018-19 in respect of Food Processing sector

    Budget 2018-19 provides various incentives and provisions for the growth of the sector.

  • Mega Food Park Scheme

    The primary objective of the Mega Food Park Scheme (MFPS) is to provide modern infrastructure facilities for the food processing along the value chain from the farm to the market.

  • Dairy Processing & Infrastructure Development Fund

    The project will focus on building an efficient milk procurement system by setting up of chilling infrastructure & installation of electronic milk adulteration testing equipment, creation of processing infrastructure and manufacturing faculties for Value Added Products for the Milk Unions.

  • List of designated Food Parks

    Ministry of Food Processing Industries (MoFPI) has notified the consolidated list of 226 Designated Food Parks as on 14.11.2018 for the purpose of making available affordable credit to agro-processing units in the designated food parks from the Food Processing Fund 2015-16 established by RBI in NABARD.

  • Pradhan Mantri Kisan Sampada Yojana (PMKSY)

    SAMPADA is a comprehensive package which will result in creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet.

  • Operation Greens

    To strengthen Tomato, Onion, and Potato (TOP) production clusters, increase food processing capabilities and create a market intelligence network.

  • Scheme for creation of backward and forward linkages under PMKSY

    MoFPI has invited proposals / Expression of Interest (EoI) from potential promoters for setting up Backward & Forward Linkages in the processed food industry of the country.

  • Nivesh Badhu

    To improve ease of doing business and boost investors? confidence, a dedicated investors? portal "Nivesh Bandhu" has been set up by MoFPI aimed at easing the process for investors.