x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   From Srinagar, Defence Minister warns Pak: Stop supporting terrorism or face consequences | Nation proud of armed forces for scripting historic victory : LG Sinha | Our relations, dealings with Pak will be strictly bilateral: EAM | Of 14 identified terrorists, security forces neutralize 6 | ‘Pak’s nuclear weapons should be brought under IAEA watch’ | Echoes of tragedy: Aruba, Ayan’s innocence leaves Poonch in tears | Army Chief visits forward areas in Baramulla | 3 terrorists killed in Tral encounter | Search operation underway in Reasi | Schools reopen in 5 border districts across Jammu | Civil Aviation Minister reviews security at Srinagar, Jammu airports | CUET-UG cancelled at Rangreth centre | Fire breaks out in Poonch | Assistant Compiler terminated | Parihar, Azeem appointed Administrative Judges | Thakur appointed DG IRITM | Gold plunges amid weak global demand | Unmatched Precision | Dr Darakhshan Andrabi hails Operation Sindoor, condemns Pakistan for terror activities | MLA Vikram Randhawa honours CBSE class 10th & 12th toppers | Cracks in promises: Newly built Kourgali-Lalli road falls apart, villagers demand action | Village level teams to assess damages in shelling affected areas of Poonch | HC upheld the PSA of hardcore criminal | Punjab: DSP held for smuggling drugs, mobile phones in Sangrur Jail | Delhi High Court HC asks for NIA reply on Engineer Rashid bail plea | Court awards 10 years RI Rs 1 lakh fine to five including father, mother, son | AAP expels OP Khajuria from Jammu and Kashmir Unit over 'Indiscipline' | Natrang celebrates 43rd Foundation Day | Indian Red Cross Society, dispatches urgent relief to Poonch amid border crisis | Mission Director reviews HADP initiatives during field visit to Marh | Jammu police nab drug peddler in Akhnoor, seize heroin-like substance | SJVN successfully achieved COD of 78.23 MW capacity of 1000 MW Bikaner Solar Power Project | Vice Chancellor SKUAST-Jammu reviews University functioning post border disruptions | Gurjar Desh Charitable Trust pays heartfelt tribute to martyr ADDC Dr Raj Kumar Thapa | Jammu police foil bovine smuggling bid, rescue 12 cattle | JSS Kathua achieves 100% board results for class X and XII in session 2024-25 | Broadridge India, LPU Forge Industry-Academia Partnership to Build Future-Ready Tech Talent | IIPPT College, Greater Noida Hosts Grand "Teacher Felicitation Ceremony | IQAC, GDC Majalta organizes lecture on "The Role of Youth in National Crisis" | We were never really close friends: Neeraj Chopra on Arshad Nadeem | National shooting selection trials 2 and 3 in New Delhi and Bhopal from May 21 to June 1 | Unnati, Malvika, Aakarshi Exit Thailand Open; India''s campaign ends | IIM Kashipur celebrates its largest, most diverse graduating class at 12th convocation | DLSA Kishtwar hosts Awareness Programme | SCJS Organizes Special Programme on Mother's Day and Buddha Purnima | JKRLM promotes health, hygiene among SHGs | Samba Police arrest two with 17g Heroin-like substance | DIC Ramban organises Awareness Camp | GCW Udhampur Hosts Symposium on Promoting Indian Classical Music | DC Reasi reviews implementation of Road Safety Action Plan | Nation will never forget the sacrifices of Martyrs : Sadhotra | Strong commitment to inclusivity cornerstone of NC govt: Dr Farooq | Power shut down | Govt stands firmly with its people, especially the border residents: Dy CM | Vikar Rasool Wani Demands Rs. 20 Lakh Relief & 10 Marla Land for Uri Border Villages Affected by Cross-Border Shelling | Back Issues  
 
news details
Food processing sector received Rs 50,000 cr FDI in last 9 years: PM Modi
11/3/2023 11:30:15 PM
agencies
NEW DELHI, Nov 3: Prime Minister Narendra Modi on Friday said India's food processing sector has emerged as a "sunrise" industry and has attracted Rs 50,000 crore in foreign direct investment (FDI) in the past nine years.
Modi was addressing the second edition of World Food India at Bharat Mandapam in the national capital. The three-day event will conclude on November 5.
"In the last nine years, FDI worth Rs 50,000 crore has come into the food processing sector. It is a result of the Government's pro-industry and pro-farmer policies," Modi said.
He said export of processed food has increased 150 per cent in the last nine years and the domestic processing capacity has increased significantly.
The Prime Minister disbursed seed capital assistance to over one lakh Self Help Groups (SHGs) and inaugurated a 'food street' as part of 'World Food India 2023'.
The event aims to showcase India as 'food basket of the world' and celebrate 2023 as International Year of Millets. The first edition was held in 2017, but in consecutive years the international event could not be organised due to the COVID-19 pandemic.
'Seed Capital Assistance' will help SHGs gain better price realisation in the market through improved packaging and quality manufacturing. Addressing the event, Union Food Processing Industries Minister Pashupati Kumar Paras urged foreign investors to invest in India in this sector.
Union Commerce Minister Piyush Goyal said the Modi government has ensured food security of the country and also provided a boost to the food processing sector.
He highlighted the development work done by the central government in the last nine years. The 'Food Street' features regional cuisines and royal culinary heritage, wherein over 200 chefs will participate and present traditional Indian cuisine.
World Food India will provide a networking and business platform for government bodies, industry professionals, farmers, entrepreneurs and other stakeholders to engage in discussions, establish partnerships, and explore investment opportunities in the agri-food sector.
During the event, CEOs roundtables will also take place with focus on investment and ease of doing business. Various pavilions have been set up to showcase the innovation and strength of the Indian food processing industry.
The three-day event will host 48 sessions focusing on various aspects of the food processing industry, with an emphasis on financial empowerment, quality assurance and innovations in machinery and technology.
The event is expected to host participants from over 80 countries, including CEOs of prominent food processing companies. It will feature a 'Reverse Buyer Seller Meet', with over 1,200 overseas buyers.
Last month, a senior food processing ministry official said the food processing sector is likely to attract more than Rs 75,000 crore investment during the second edition of World Food India. In the first edition, Rs 75,000 crore was committed, out of which Rs 23,000 crore has come, the official added
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU