Search Result for : Ministry Of Food Processing And Industries

India urges US companies to invest in food processing industry

The Dollar Business Bureau India has urged US companies to invest in the food processing sector in the country and asked the US firms to take benefit of the country’s liberalised foreign direct investment (FDI) rules, improving business atmosphere and readymade infrastructure. A team of high-profile officials from India led by Special Secretary in the Ministry of Food Processing Industries Jagdish Prasad Meena on Wednesday reached the US. They are on a two-day visit of the US touring Midwest from Chicago conducting meetings with several companies of Chicago metropolitan area from logistics, food services to restaurant firms. “During the meeting, Meena urged them to take advantage of India’s liberalised foreign investment rules, readymade infrastructure and improving ease-of-doing-business climate,” revealed the Indian Consulate in ...

Govt. is working on ease of doing farming: Harsimrat Kaur Badal

Manishika Miglani  “The Ministry of Food Processing Industries is working on the creation of 42 mega food parks and is focussing on policy reforms for ease of doing farming and food processing,” said Harsimrat Kaur Badal, Minister of Food Processing Industries at the 6th Cold Chain Summit organised by the Confederation of Indian Industry (CII) in association with the Ministry of Food Processing Industries, Ministry of Agriculture and National Center for Cold Chain Development (NCCD). She also noted that “wastage of food worldwide is very high with 1.3 billion food being dumped annually”. This, according to her, is the result of lack of suitable cold chain, an issue which needs global attention. The conference also highlighted “doubling of farmer’s income” as a top ...

Ministry of Food Processing and Industries announces 17 new Mega Food Parks

The Dollar Business Bureau The Ministry of Food Processing and Industries, announced setting up of 17 new Mega Food Parks (MFPs) acroos the country. The announcement came after earlier projects for setting up of these facilities were withdrawn. Out of these 17 fresh MFPs, seven projects will be approved by State government agencies from six States and the rest are expected to be taken up by private operators. In the total project cost that stands at Rs 2333 crore, the government’s grant is likely to be around Rs 850 crore and promoters’ contribution as equity and loan is around Rs 1,483 crore. This was informed by Sadhvi Niranjan Jyoti, Union Minister of State for Food Processing Industries on Tuesday. The ...