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India's Processed Food Exports Double, Food Processing Sector Shows Boost Employment.
Dec 29, 2023

The Government today said that India’s share of processed food exports in agri-exports has increased substantially from around 13 percent in 2014-15 to over 25 percent in 2022-23. In a statement, the Ministry of Food Processing Industries said that the food processing sector is one of the largest employment providers in the organised manufacturing sector with over 12 percent employment in the total registered sector. It added that the food processing sector plays an important role in increasing farm income and creating off-farm jobs through on- and off-farm investments in preservation and processing infrastructure.
 
The Ministry said that the government has undertaken several initiatives to give impetus to development of the food processing sector in the country. The Ministry has made significant achievements in its schemes during Financial Year 2023-24. 
 
Highlighting the achievements of Pradhan Mantri Micro Food Processing Industries Upgradation Scheme, the Ministry said that a total of 51 thousand 130 loans have been sanctioned since January this year under the credit-linked subsidy component of the scheme.
 It further said that the World Food India event which was held in November this year saw extensive participation from stakeholders across the board including more than 1200 national and international exhibitors. It added that the event also marks the signing of Memorandum of Understanding of above 33 crore Rupees. 
    
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  • Agricultural and Processed Food Products Export Development Authority (APEDA)
    (Ministry of Commerce & Industry, Govt. of India)

  • NCUI Building 3, Siri Institutional Area, August Kranti Marg, New Delhi - 110 016
    Phone : 91-11-41486013, 20863919, 20867008, 20867007