14 mega food parks to start functioning this year

Mega food park

BY - Franchise India Team
Editor Nov 26, 2018/

153

/ 2 MIN READ.

14 mega food parks to start functioning this year

With a minimum estimated investment of Rs 3500 crore, fourteen mega food parks (MFPs) will become operational this year. The launch of these MFPs will create more than 70,000 jobs.

The formation of mega food parks is aimed at bringing together farmers, processors and retailers, and link them with the market in order to ensure maximisation of value addition, minimisation of wastages and improving of farmers' income.

The government has permitted 42 MFPs to be set up in India. Out of these, 13 are currently operational.

An official from the food processing ministry said, "With 14 more MFPs to be made operational in the financial year 2018-2019, it's a big achievement as we will be able to get 27 projects operationalised in four to five years."

The MFPs will be set up in Maharashtra, Himachal Pradesh, Punjab, Bihar, Tripura, Mizoram, Telangana, Chattisgarh, Andhra Pradesh, Madhya Pradesh, Haryana, Odisha and two in Kerala.

13 MFPs, which are presently operational, are located at Chittoor (Andhra Pradesh), Haridwar and Udham Singh Nagar (Uttarakhand), Tumkur (Karnataka), Fazilka (Punjab), Nalbari (Assam), Khargone (Madhya Pradesh), Ranchi (Jharkhand), Murshidabad (West Bengal), Rayagada (Odisha), Satara (Maharashtra), Ajmer (Rajasthan) and Surat (Gujarat).

Food Park

?Union government gives nod to set up mega Food Park in MP

BY - Franchise India Team
Editor Jan 10, 2017 / 2 MIN READ

?Union government gives nod to set up mega Food Park in MP

The Union government has accorded approval to establish a mega food park in Daloda tehsil of Madhya Pradesh's Mandsaur district.

A Public Relations department official, said, "Ministry for Food Processing Industry of the Union government has given the approval to establish mega food parks in seven states of the country, including Madhya Pradesh.

He further added that around Rs 500 crore will be invested in the food park, "This is an important achievement which will render support in achieving the aim of doubling the income of farmers."

He also informed, "The work to set up the mega food park will be carried out by Chetak Enterprises Company Limited. Several big companies like Dabur, Zandu Pharmaceuticals and Patanjali are likely to be linked to this project."

Besides the farmers of Malwa region, those from Rajasthan's districts situated adjoining the border of Madhya Pradesh will also be benefited by the project.

Besides traditional crops, various horticulture products, spices and medicinal crops are cultivated on a large scale in Mandsaur district, he said.

"Also, the floriculture is being undertaken here on a large scale. The entire region will become industrially developed and employment opportunities will be generated after the establishment of the mega food park," he added.

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