The Minister stated that in recent years India and the US have strengthened their relations.
The NBFC will be set up with an initial corpus of Rs 2,000 crore.
MoFPI has ordered promoters from all the uncovered states like Goa, Manipur, Meghalaya, Sikkim and Tamil Nadu and UTs to submit their proposals by…
This amount will be made available in addition to the Rs 6,000 crore fund marked for the Pradhan Mantri Kisan Sampada Yojana for cluster development.
Indusfood-II is the export-focused annual F&B trade fair organised by the Trade Promotion Council of India (TPCI) jointly with the commerce…
In 2017-2018, FDI in the food processing sector was $904.9 million.
The Kolkata-based company filed the DRHP (draft red herring prospectus) for the IPO in June.
The country’s largest multinational flexible packaging materials and solutions company developed the packaging alternative seeing the huge potential…
PepsiCo will reduce sodium and fat content in snacks and sugar content across its juices and carbonated drinks by 2025.
A MoU with ISE foods was inked during state Industries Minister KT Rama Rao's visit to Japan in January this year. Rao outlined the focus…
Nashik firm Siva Sai Export and Andhra Pradesh firm Polysetty Somasundaram Agro have finalised their investments.
Ministers addressed the stakeholders and about the efforts that their ministries are taking to increase opportunities for investments
Exports of FPI related commodities declined by 18 per cent (year-on-year) to USD 29.7 billion during FY16, which was in line with the declining trend…
Government might announce incentives for small and medium food processing units in areas such as rice and tea in the Budget to promote the sector and…
Baburao Fatto Desai, Goa Dairy chairman said that there would be no problem if Amul milk launches its operations full-fledged in Goa.
Reportedly, Patanjali Ayurved has set aside more than Rs 300 crore for advertising and promotion and is set to step up its publicity campaign further.
In a major decision, Punjab government has announced exempting inputs of food processing sector from taxes to make the state as food processing hub of the country.
The Secretary also asked the industry to utilise the Rs 2,000 crore corpus under the National Bank for Agriculture and Rural Development (NABARD) for lending to food processing industries in mega food parks and designated food parks.
The growth of food processing sector is very vital as it ensures food security and better remuneration to farmers for their produce, the Minister added.
According to the food minister the park will also provide direct and indirect employment to 6,000 people and will benefit about 25,000-30,000 farmers.
The global agri major is presently selling vanaspati and edible oils under different brands -- Nature Fresh, Sweekar, Gemini, Rath and Sunflower Vanaspati.
Indus Food-II saw participation of 500 exhibitors who displayed products in 14 zones.
The pacts were signed with Patanjali Ayurved Limited Manorama Industries Private Ltd and Aakriti Snacks Private Limited
The Food Safety and Standards (Health Supplements, Nutraceuticals, Food for Special Dietary Use, Food for Special Medical Purpose, Functional Food and Novel Food) Regulations was issued last December.
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