Greetings from Consulate General of India, Melbourne!
I would like to share the info in regards to the Indian food processing industry is one of the leading contributors in the growth of Indian economy. It creates a direct linkage between the rural economy and the industry and has emerged as a Champion sector making it one of the largest industries in India. India is the largest producer of milk, millets, livestock, and 2nd largest in fisheries, fruits & vegetables, and total food production globally. India’s food processing sector is one of the largest in the world and its output is expected to reach USD 535 Bn by 2025-26.
The Ministry of Food Processing Industries (MoFPI) is committed to focus on increasing the processing levels of various food commodities as well as reduce post-harvest loss of major agricultural produce, thereby focusing on investments into the sector. Regarding the same, MoFPI is taking all necessary steps to develop the sector and to boost investments. The Government has been announcing several reforms such as development of farm gate infrastructure, unified agricultural market etc. to strengthen the agri-food sector in India. The Ministry is implementing a comprehensive package scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY) that results in creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet.
Details of infrastructure created through the Mega Food Parks scheme as part of PMSKY is attached for your perusal.
We would appreciate if you could kindly disseminate this info among your members, trade bodies, associations and also urge to invite companies & social groups to circulate the same with other stakeholders interested in investing in India’s food processing sector. Thank you.