Agriculture News, Farming News, Research, Horticulture
During the last five years ending 2019-20, Gross Value Added (GVA) in Food Processing Industries (FPI) sector has been growing at an Average Annual Growth Rate (AAGR) of around 11.18 per cent
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The Indian food processing industry engage approximately 1.93 million people in around 39,748 registered units with fixed capital of US$32.75 billion and aggregate output of around US$158.60 billion
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Union Minister for Food Processing Industries, Narendra Singh Tomar held meeting with key stakeholders of food processing sector through video conference
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The scheme envisions to directly assist the 200,000 micro food processing units for providing financial, technical, and business support for upgradation of existing micro food processing enterprises
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The scheme is expected to generate an investment of Rs 35,000 crore and generate nine lakh skilled and semi-skilled employment and benefit 8 lakh units through access to information, training, better exposure and formalisation
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