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Food Processing & Additives

About Food Processing & Additives

The food sector has emerged as a high-growth and high-profit sector due to its immense potential for value addition, particularly within the food processing industry as it is said to have CAGR of approximately 8 percent. The projects approved are running across quadrilaterals of the country covering over 100 agro-climatic zones. The Processed food market is expected to grow to $ 543 bn by 2020 from $ 322 bn in 2016, at a CAGR of 14.6%. To modernise the infrastructure in this sector, the government launched the Pradhan Mantri Kisan SAMPADA Yojana to develop various agro – processing clusters. 39 mega food parks (located in 24 states), sanctioned by the Ministry of Food Processing Industry, are currently at different stages of implementation. A cumulative 3,282 million has been invested in India’s food processing industry through FDI route between fiscals 2015 and 2019. Under NIP, projects worth INR 1255 crore to be implemented under food processing category from FY 20-FY25.

Snapshot

  • 252 Opportunities
  • USD 434.77 mn Worth

Mode of Implementation

  • 21 EPC
  • 19 To Be Finalized
  • 5 PPP
  • 0 Pure Private
Top performing states
Food Processing & Additives | Requirement

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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.