Tuesday, 28 March 2017

Tie up with Foreign Investors


The Ministry of Food Processing Industries has set up an Investment and Facilitation Desk in the Ministry to facilitate match making between Indian partners and foreign companies. To promote India as Global Food Market and Global Food Factory, the Ministry is also organizing World Food India 2017 in November in New Delhi. The Ministry is also collaborating withInternational Fairs like SIAL and GULF FOOD to attract investors.Further, Invest India, promoted by the Ministry of Commerce and Industry (Government of India), is hand- holding foreign investors for attracting investment into the country including the food processing sector.

            The Ministry is providing financial assistance under the Central Sector Schemes for promotion & development of food processing sector in the country. These are (1) Scheme for Mega Food Parks (2) Scheme for Modern Abattoirs (3) Scheme for Integrated Cold Chain and Value Addition Infrastructure (4) Scheme for Creation/Expansion of Food Processing and Preservation (5) Scheme for Quality Assurance (6) Scheme for Human Resource and Institutions. These schemes are demand driven and not specific to any region. Farmers, Farmer Producer Organizations, Individuals, Group of Entrepreneurs, Cooperative Societies, Self Help Groups, NGO’s, Central/ State PSU etc. are eligible to avail financial assistance under these schemes for setting up food processing industries in the country. The detailed guidelines of these schemes having the pattern of financial assistance, eligibility criteria, procedure for approval of projects etc. are available on the Ministry’s website at www.mofpi.nic.in

            This information was given by the Minister of State for Food Processing Industries SadhviNiranjanJyoti in a written reply in Lok Sabha today.



Courtesy: pib.nic.in

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