Saturday, 24 February 2024



LATEST NEWS Advisor Rajeev Rai Bhatnagar addresses valedictory session of 9th NCEEITET at GCET Jammu All Minority Employees Association of Kashmir calls on Lt Governor DC Bandipora Shakeel ul Rehman Rather chairs meeting for formulation of Convergence Plan under MGNREGA DC Bandipora Shakeel ul Rehman Rather reviews progress of works under KGHEP CSR 2024-25 DC/DM Srinagar chairs meeting of District Level Coordination Committee on Tobacco Control Reopening of Schools in Kishtwar: Teachers bolster readiness for resumption of classes post winter vacations DC Udhampur Saloni Rai reviews functioning of GMC, Associated Hospital in Udhampur Monitoring Committee reviews implementation of ABC-ARV Program in Jammu City Lt Governor Manoj Sinha inaugurates new Girls Hostel at NIT Srinagar Lt Governor Manoj Sinha inspects progress of Balidan Stambh in Srinagar Successful Organization of Panasonic "Green Enthusiasm - Joy of Green" at SBS Public School Article 370 Review: Yami and Priyamani accepted the challenge of performing in a delicate movie on a significant issue Successful Completion of 3-day Workshop on Indian Power Sector for Viksit Bharat @2024 Remarkable Poetic Performance by PEC Student at IIT Jodhpur's IGNUS 2024 Outstanding Performance of PEC Students in Technical Events held at IIT Ropar 'It's a very nostalgic for me to be back in PEC' : Kapileshwar Singh Viswanathan Anand Net Worth 2024: The Chess Grandmaster's Remarkable Journey to Success & Wealth CGC Jhanjeri Admission 2024-25: Programs, Fee, Enrollment, Career Prospects, Ratings BJP is pressurising us to leave the INDIA alliance, they are planning to arrest Arvind Kejriwal soon to intimidate us: AAP Punjab Showcases Food Processing Strength & Invites Investment at Gulfood 2024 in Dubai How to Get Free FASTag Immediately


'India's food diversity a dividend for global investors,' says PM Modi after inaugurating World Food India festival

Narendra Modi, Modi, BJP, Bharatiya Janata Party, Prime Minister of India, Prime Minister, Narendra Damodardas Modi, World Food India festival
Listen to this article

Web Admin

Web Admin

5 Dariya News

New Delhi , 03 Nov 2023

Prime Minister Narendra Modi on Friday said that India's food diversity is a dividend for global investors as he inaugurated the World Food India 2023 festival at Pragati Maidan, in Delhi.He also disbursed seed capital assistance for over one lakh SHG members to strengthen self help groups (SHGs)

Modi hailed the technology and startup pavilion and food street showcased on the occasion, saying that the fusion of technology and taste will pave the way for the economy of the future.He said that the food security is a major area of focus and therefore Indian startups are now looking at a major investment opportunity.

He said that the women-led self help groups (SHGs) will also stand to gain in terms of investment in the food processing sector.He also underlined that the outcomes of World Food India are a huge example of India’s food processing sector being recognised as the ‘sunrise sector’.

In the last nine years, Modi said that the sector has attracted foreign direct investment of more than Rs 50,000 crores as a result of the government’s pro-industry and pro-farmer policies.Modi said that PLI scheme in the food processing sector has provided huge assistance to the new players in the industry.

He mentioned that work is underway on thousands of projects under the agri-infra Fund for post-harvest infrastructure with an approximate investment of more than Rs 50,000 crores while processing infrastructure in the fisheries and animal husbandry sector is also being encouraged with an investment of thousands of crores.

“The investor-friendly policies by the government are taking the food sector to new heights,” Modi said.In the last nine years, Modi informed that the share of processed foods in India’s agricultural exports has grown from 13 percent to 23 per cent, making an overall increase of 150 percent of exported processed foods.

"Today, India stands at the 7th position with an overall export value of more than $50,000 million in agricultural produce,” he informed.Modi underlined that there is no sector in the food processing industry where India has not shown unprecedented growth and said that it is a golden opportunity for every company and start-up associated with the food processing industry.

Modi also credited the consistent and dedicated efforts by the government behind the speedy and rapid growth in India’s food processing industry. He mentioned the creation of Agri-Export Policy for the first time in India, the development of nationwide logistics and infrastructure, the creation of more than 100 district-level hubs connecting the district to the global markets, increase in the number of mega food parks from two to more than 20, and India’s food processing capacity increasing from 12 lakh metric tonnes to more than 200 lakh metric tonnes, which is a 15 time increase in the last nine years.


Tags: Narendra Modi , Modi , BJP , Bharatiya Janata Party , Prime Minister of India , Prime Minister , Narendra Damodardas Modi , World Food India festival



related news




Photo Gallery



Video Gallery



5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2024 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD