Home
|
Sitemap
|
FAQs
|
Contact Us
Product
Country
Menu
About Agri Exchange
Introduction
Apeda Agri Exchange
The Vision
Benefits / Facilities
To Exporters
To Buyers
Product Profile
Floriculture
Floriculture
Fruits & Vegetables Seeds
Fresh fruits & Vegetables
Fresh Onion
Other Fresh Vegetables
Walnuts
Fresh Mangoes
Fresh Grapes
Other Fresh Fruits
Others (Betel Leaves & Nuts)
Processed Fruits & Vegetables
Cucumber and Gherkins (Prepd. & Presvd.)
Processed Vegetables
Mango Pulp
Processed Fruits,Juices & Nuts
Pulses
Animal Products
Buffalo Meat
Sheep/ Goat Meat
Other Meat
Processed Meat
Animal Casing
Poultry Products
Dairy Products
Natural Honey
Caseins
Albumin (Eggs & Milk)
Other Processed Foods
Groundnuts
Guar Gum
Jaggery & confectionery
Cocoa Products
Cereal Preparation
Milled Products
Alcoholic Beverages
Miscellaneous Preperations
Cereals
Basmati Rice
Non Basmati Rice
Wheat
Maize
Other Cereals
Country Profile
United Arab Emirates
Saudi Arabia
Malaysia
Bangladesh
United States
Vietnam
Kuwait
Iran
United Kingdom
Indonesia
...View more country profiles
FTA's
Analytical Report on FTAs
Tariff Concession under FTAs
Statistics
International Trade
India's Export
India's Import
Production
International Production
India Production
Market Intelligence
e-Bulletin
Global Analytical Report
India's Export Analytical Report
Comparative Report On APEDA Products
Comparative Report On Principal Commodities
Import Tariffs
Import Regulations
SPS Notifications
DGFT : Public Notice, Notifications, Circular and Trade Notice
India Food Safety & Standards
Market Reports
Foreign Trade Policy 2023
Chapter 01 - Legal Framework and Trade Facilitation
Chapter 02 - General Provisions Regarding Imports and Exports
Chapter 03 - Developing Districts as Export Hubs
Chapter 04 - Duty Exemption Remission Schemes
Chapter 05 - Export Promotion Capital Goods (EPCG) Scheme
Chapter 06 - Export Oriented Units (EOUs), Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs)
Chapter 07 - Deemed Exports
Chapter 08 - Quality Complaints and Trade Disputes
Chapter 09 - Promoting Cross Border Trade in Digital Economy
Chapter 10 - Scomet: Special Chemicals, Organisms, Materials, Equipment and Technologies
Chapter 11 - Definitions
Newsletters
Latest News
Latest Newsletter
Archives
Directory
Exporters
Service Providers
Logistics
Trade Leads
Submit New lead
Buy Leads
Sell Leads
Indian Mission Login
Market News
Food Processing Sector’s share in country’s total FDI inflows at just 1.5 per cent : Ministry.
Dec 06, 2021
The Ministry of Food Processing has said that the sector’s share in total Foreign Direct Investment (FDI) inflows in the country is pegged at just about 1.5 percent and more investments are required for overall growth of the sector.
Infact, the FDI inflows in the food processing sector declined by 54 per cent in 2020-21 compared to the previous fiscal.
In a written reply, Minister of State for Food Processing Industries Prahlad Singh Patel informed Rajya Sabha that FDI in the food processing sector stood at Rs 2,934.12 crore in 2020-21 compared to Rs 6,414.67 crore in the previous fiscal. In 2018, FDI in the food processing sector stood at Rs 4430.44 crore.
The share of FDI in the Food Processing sector is only 1.5 per cent of total FDI inflows and the sector needs more investments both domestic as well as Foreign direct investment. The Ministry of Food Processing Industries (MoFPI) is implementing a Central Sector scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY) since 2016-17 for overall growth and development of the food processing sector including for boosting investment,' he stated in his reply.
The government allows 100 percent FDI in food processing.
Also, through the PM Formalisation of Micro Food Processing Enterprises Scheme (PM FME), the Ministry plans to support 2 lakh micro food processing units through credit linked subsidy based on One District One Product (ODOP) classification.
Under the ODOP scheme, so far the Ministry has approved 137 "unique products" in 710 districts across 35 States and UTs.
Meanwhile, in a separate written reply the Ministry informed the Rajya Sabha, that as of October 31, 'a total of 122 Primary Processing Centres with processing capacity of 8500 MT, Dry Warehouse capacity of 116450 MT, Cold Storage capacity of 56520 MT and deep freezer capacity of 1750 MT have been approved for assistance in 41 Mega Food Parks.' This was under the Pradhan Mantri Kisan Sampada Yojana.
thehindubusinessline
Archive