Page 3 - Food Processing

PLI scheme in food processing will allow large scale capacity: FMCG cos

With the government approving their applications for the production linked incentive (PLI) scheme in food processing, the companies said it will also play a key role in promoting job creation

PLI for food processing a game-changer, to boost agri-exports: FMCG players

Leading FMCG companies have termed the PLI scheme approved by the government for the food processing sector as a game-changer which would help bring more investment

Tyson Foods offers front-line workers paid sick leave; 75% vaccinated

Tyson Foods is offering its front-line workers paid sick leave for the first time, part of an agreement that secured union support for its mandat

Focus on food processing

A lot more needs to be done to remove the constraints

FDI in food processing sector falls 57% to $393 million in FY21

During 2018-19, FDI in FPI sector stood at USD 628.24 million.

India's food processing market may touch $470 billion by 2025: KPMG report

Tier-II and tier-III cities could mirror the trend visible in metropolitan areas, by buying more processed food in the coming years

Amazon building computer vision tech to check defects in fruits, vegetables

The e-commerce giant's technology can carry out millions of assessments to grade the quality of fruits and vegetables per day at a cost that is far below compared to any other method

Cabinet okays Rs 10,900 cr PLI for food processing units under 4 buckets

Indian FMCG majors like ITC, Adani Wilmar & Marico, apart from MNCs like Nestle are expected to benefit

Say cheese: Amul to start making buffalo mozzarella, invest Rs 200 crore

Move over Italy, India could soon become the global export hub of mozzarella cheese

Centre clears twenty food processing projects worth Rs 363.4 cr

The Union Food Processing Industries Ministry on Wednesday said it has cleared 20 projects worth Rs 363.4 crore

PM FME scheme golden opportunity for micro food entrepreneurs: Minister

for Food Processing Industries MoS Rameswar Teli said the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PM FME) scheme offers golden opportunities to micro food entrepreneurs

Govt prepares road map, identifies 8 sectors to ease compliance burden

Single-window clearance by mid-April

Centre offers processed moong, urad to states at subsidised rate for retail

Moong will be offered at Rs 92 per kg and urad at Rs 84-96 per kg, much lower than prevailing retail market prices, she said

Boost to food processing

Fiscal constraints should not impede the new scheme

Farm-to-fork fails to take off as dependence on mandis continues

Despite government effort, food companies, retailers continue to depend mainly on mandis for procurement

Hungry for more

Food processing should be treated on a par with agriculture

How the emotional subject of food has entered the political discourse too

Food has always been an emotional subject, arousing fierce opinions and defiant defences

Harsimrat-led panel clears Rs 271-cr projects to boost food processing

An inter-ministerial approval committee, headed by Food Processing Minister Harsimrat Kaur Badal, on Monday cleared projects worth Rs 271 crore to boost processing and preservation capacities. The projects were sanctioned under the Creation/Expansion of Food Processing & Preservation Capacities (CEFPPC) scheme, an official statement said. During the meeting, detailed presentations were made by the respective programme management agencies (PMAs) on the proposals and subsequent clarifications submitted by the applicant. The panel examined if the applicants have complied with the basic eligibility criterion, total project cost, eligible project cost and means of finance. "The emphasis is to create direct employment for the youth as well as contribute towards Prime Minister Narendra Modi's goal to double farmers' income by 2022," Badal said. While clearing the new projects worth Rs 270 crore, Badal has given focus on rural areas and generating direct employment. "The projects would .

Entry of Adani Wilmar intensifies competition in ready-to-cook segment

Edible oil company Adani Wilmar recently threw its hat into the ring with a handful of ready-to-cook khichdi variants

Approved 187 new cold chain projects in last 5 years: Govt tells Lok Sabha

Food Processing Industries Minister Harsimrat Kaur Badal Tuesday said that under the scheme for integrated cold chain and value addition infrastructure, 292 projects have been approved so far.