Indian Food Processing Sector Overview slide image

Indian Food Processing Sector Overview

GOVERNMENT INITIATIVES & SUPPORT Liberal FDI Policy 100% FDI permitted through automatic route for food processing 100% FDI under government approval route for trading, including through e-commerce, in respect of food products manufactured and / or produced in India Incentives USD 280 Mn fund under NABARD for food parks and units therein Income tax deduction on incurred capex for eligible food processing units FME Scheme: INR 10,000 crores scheme for formalization of Micro Food Enterprises for the unorganized sector. It's based on cluster approach and will focus on perishable Pradhan Mantri Kisan SAMPADA Yojana Ministry of Food Processing Industries (MoFPI) has been implementing PMKSY for creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet Mega Food Parks Infrastructure for Agro-Processing clusters Integrated Cold Chain and Value Addition Infrastructure Creation / expansion of food processing & preservation capacities Creation of backward and forward linkages Operation Greens (TOP to TOTAL) Food Safety and Quality Assurance Infrastructure Human Resources and Institutions 8
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