 "Food processing sector attracts $368.37 mn FDI till Sep FY25: Govt tells LS")
The food processing sector received foreign direct investment (FDI) of $ 368.37 million till September of the current fiscal year, Parliament was informed on Thursday.
Minister of State for Food Processing Industries Ravneet Singh Bittu in a written reply to the Lok Sabha said, Ireland invested $ 83.84 million, Singapore $ 48.45 million, Mauritius $ 41.65 million, the United States $ 38.60 million, Australia $ 20.18 million, and Mexico $ 9.59 million in April-September FY25.
In FY24, FDI in food processing was $ 608.31 million.
The sector is being promoted through Pradhan Mantri Kisan Sampada Yojana, Production Linked Incentive Scheme for Food Processing Industry, and Pradhan Mantri Formalization of Micro food processing Enterprises (PMFME) scheme.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app