x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Beware of Samosa and Jalebi For Good Health | The Jobless Generation - Unemployment in Jammu and Kashmir | Frequent Accidents | J&K statehood at appropriate time: LG Sinha | Since 2019, PM Modi building fear-free, terror-free J&K: LG Sinha | Pahalgam attack: Arrested brothers willingly provided shelter, logistics to Pak terrorists | Cong intensifies J&K’s statehood demand to retrieve lost ground | Task is challenging, I have to deliver results as Ladakh’s LG,” says Kavinder Gupta | Amarnath Yatra 2025 progressing smoothly: Div Com Bidhuri | Another batch leaves for cave shrine | Fake gun licence case: High Court extends SIT probe into 2 more FIRs | Police attach immovable properties of Pak-based terror handlers | Strong police-public bond essential to eradicate terrorism: DGP Prabhat | 2 killed, 14 injured in Gumri accident | MeT warns of heavy rain, flash floods | 7 IAS, IPS officers get AGMUT cadre | Searches launched in Kathua | Dr Shahid Iqbal Choudhary gets additional charge | Vishwa Yog Sansthan, Hari ki Pauri, successfully continue plantation drive | JKB Financial Services crosses Rs 400 Cr milestone in Mutual Fund Asset Management | IR greenlights major infrastructure boost, sanctions additional rail line final location survey between Jammu and Katra | Div Com Jammu reviews Shrawan Mahotsav arrangements at Shri Shiv Khori Shrine | Cancer Patients Cry for Help: Delays in Medicine at GMC Udhampur Put Lives at Risk | Legislators meet Javed Rana, discuss public welfare issues | Continuous Skill upgradation key to lifelong success: CS | Cabinet clears PM Dhan-Dhaanya Krishi Yojana with annual outlay of Rs 24,000 Cr | India's Flag Flies High in Space - Powered by Science, Guided by Modi Ji's Vision: Gaurav | ACD Ramban conducts extensive tour of block Khari | Rang Tarang sets new benchmark, completes 10 shows on day 2 | 7th DCDC meeting held at Samba | PWS Kabaddi Team secures bronze at CBSE Cluster XVIII Kabaddi Tournament in Jammu | GM of NFR conducts Extensive Inspection of Key Stations and Infrastructure Projects | Yogi govt revives 50 rivers spanning 3,363 km across UP | BLOs imparted training at Kishtwar | Yogi govt to restore ancient Shiva temples across UP | Private Schools hold central body meeting | AHD Udhampur holds Veterinary Camp at remote Ghar Thanua Panchayat | Knowledge exchange session on urban, organic, and hydroponic crop-growing techniques | Committee on Estimates reviews Jal Shakti Department's functioning, progress on WSSs in J&K | Distt admin B'la bids farewell to ADDC & CPO; welcomes new CPO & AO | Registrar BGSBU reviews development projects | Aadhaar Enrolment Camp held at Bathri-Doda | Mission YUVA: DLIC approves 112 loan assistance cases at Udhampur | Bharatiya Kala Sangam hold flok music program | Cricketer Jonty Rhodes awards MVIS for sports excellence | J&K Dragon Boat Association calls on Yasha Mudgal | Parvinder visits Gobind Nagar, assures resolution of Civic Issues | Rohiin Chandan congratulates Hon’ble Kavinder Gupta on appointment as LG of Ladakh | Arnia Police solved theft cases | Ramban Police organized ‘BHAROSA’ awareness programme at Gandhri, Ramban | JKEDI hosts exclusive mentorship session with Prof. Sunil Handa at Pampore | 2 most notorious drug peddlers arrested with heroin by Udhampur Police | Ex-Councillor Sahil Gupta extends support to protesting safai karamcharis of Bishnah Municipality | Kharge, Rahul wrote to PM on statehood | Indian Army conducts Lecture on Cyber Crime | Traffic Police Jammu issues final warning to vehicle wwners with Pending Challans | Federation of Industries Jammu urges streamlining of industrial clearances and reduction of regulatory hurdles in J&K | | Bishnah Police, apprehended absconder after more than a year long manhunt | Gold declines Rs 500 to Rs 98,870/10 G; silver falls Rs 1,000 ro Rs 1.11 lakh/kg | Five Delhi schools get bomb threat; city witnesses 10 such incidents in three days | Last date for fresh admission, re-registration for July 2025 session extended till 31st July, 2025 | R S Pura police recovered, lost purse | From Tea stall ro Mt Everest: Meghalaya’s Rifiness Warjri Aims for seven Summits | HC dismiss appeal of Vigilance Organziation, uphold acquittal in trap case | HC disposed of PIL regarding Shelter homes for destitute women | Indian football mess: New book chronicles AIFF's downward spiral | SMVDU Mechanical Engineering Faculty Delivers Invited Talk at University of Johannesburg | Encash Mahindra at Athwajan launches XUV 3XO REVX | Desh Bhagat University, PAAWA organize seminar on “Awareness Against Food Adulteration” | Dr Kuldeep Kumar Gupta called on Director General YSS Department Ms Anuradha Gupta | Van Mahotsav celebrated at BSF School Jammu with Great Enthusiasm | 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