PLISFPI Enhances Food Processing in India
The Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) has significantly boosted India's food processing sector, providing ₹1,726 crore in incentives, increasing processing capacity by 35 lakh MT, and generating approximately 3.39 lakh jobs. Since 2019-20, processed food exports have grown at a CAGR of 13.23%.
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