Support for Food Processing Industries in India

The Ministry of Food Processing Industries (MoFPI) is implementing a Central Sector Production Linked Incentive Scheme (PLISFPI) to bolster India's food processing sector, with an investment of Rs. 10,900 crores over six years. The initiative aims to create global food manufacturing champions and enhance Indian food brands in international markets. MoFPI has organized World Food India events to promote investment opportunities and has introduced various reforms to attract investments, including 100% FDI in food processing. The sector is vital for India's economy, contributing significantly to GDP, employment, and exports, with processed food exports reaching approximately USD 49.4 billion in FY 2024-25.

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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