India's Food Processing Gets a Boost with PLI Scheme

The Production Linked Incentive (PLI) Scheme for the Food Processing Industry, launched by the Ministry of Food Processing Industries, is enhancing India's food processing sector. Running from FY 2021-22 to FY 2026-27 with a ₹10,900 crore budget, it boosts value addition, capacity, and employment, especially in rural industries. Focusing on major food segments like Ready to Cook/Ready to Eat products and innovative SME products, it also supports millet usage and marketing abroad. Significant investments have exceeded expectations, contributing to job creation and revenue growth. The scheme fortifies domestic efforts and promotes Indian brands globally.

Source: Original Link

Read more

APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link