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PLI scheme for food processing industry well received by companies: Govt.
Apr 08, 2021

The government on Wednesday said the production-linked incentive scheme for the food processing industry has been well received by companies like Nestle, ITC, Britannia, KeventerAgro and Amul.
 
The PLI scheme for the food processing industry, to be implemented during 2021-22 to 2026-27 with an outlay of Rs 10,900 crore, was approved by the Cabinet on March 31.
 
'The scheme has been well received by the Industry, including Nestle, ITC, Britannia, KeventerAgro, and Amul,' the government said.
 
The scheme is essentially meant for Indian companies and subsidiaries of MNCs operating in India with minimum sales of food products manufactured in India, it added.
    

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