Food Processing Min inks pact with Invest India

Forms help desk to handle online investment related queries from domestic & overseas investors, aid investors in locating local partners

The Food Processing Ministry today signed an agreement with investment promotion agency Invest India for setting up a help desk to provide support to investors.      

Invest India is a not-for-profit joint venture between the Department of Industrial Policy and Promotion (DIPP) under Commerce Ministry, state governments and industry body FICCI.      

The agreement was today signed by Food Processing Ministry's Economic Adviser Gajendra Bhujabal and Invest India Managing Director Arbind Prasadin in presence of Agriculture and Food  Processing Industries Minister Sharad Pawar.      

The help desk will handle online investment related queries from domestic and overseas investors, support investors in locating local partners and consultants and provide hand holding and facilitation services to investors, an official statement said.      

According to agreement, a help desk will be set up which will handle online investment related queries from domestic and overseas investors, support investors in locating local partners and consultants and provide hand holding and facilitation services to the investors.      

"The initiative is first of its kind signed by the Government of India, but also for Invest India. It is a prestigious venture for all of us and we hope that investors in food  processing sector will immensely benefit from this initiative," Pawar said.      

He added that given its mandate and expertise, we chose 'Invest India' for promoting investment in food  processing sector.      

Invest India has been set up as the dedicated investment promotion agency (IPA) for attracting investments into the country and is the first point of reference for both domestic and foreign investors.