x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Excise Department arrests man for illicit liquor | Reasi police apprehends two persons with heroin | Distribution of food items to flood-affected people held | LG Kavinder launches 'Swasth Nari - Sashakt Parivar Abhiyan' in Leh | Rusted mortar shell defused | New India inspiring world under PM Modi's leadership: CM Yogi | Public intoxication offenders sentenced to community service | Yusuf Pathan calls On CM Omar Abdullah in Srinagar | Phase-2 training programme for DNOs & ZNOs successfully concludes at SCERT Jammu | Sale of meat should be banned during Navratri: Shiv Sena | MCM's 'Dharohar' Talent hunt celebrates India's cultural heritage | NFJM appoints Puneet Arora as National Vice President of Working Committee | Donation drive under Sewa Parv held at GLDM GDC Hiranagar | University of Jammu Inter-Collegiate Kabaddi (Men) Tournament 2025-26 | Yogi govt positioning tourism as driving force of state's trillion-dollar economy vision | Poster making competition on drug abuse organised at GDC Samba | Blood Donation, health awareness camps held in Doda | Sewa Parv inaugurated at Government Polytechnic Reasi | Shiv Sena welcomes Shrine Board's decision | Galaxy A06 5G to start at INR 9899 as Samsung announces exciting limited-period deal | Dr Atul Kothari delivers expert lecture on significant role of Bharatiya knowledge | GDC, Kathua organizes Painting Competition on Gandhian Values | J&K Students Association Expresses Gratitude to EAM Dr S Jaishankar | Observance of Seva Pakhwada at Govt Polytechnic Jammu | Awareness Lecture on Health Nutrition organized by GLDM, GDC Hiranagar | Traffic restrictions imposed on Bani-Basohli road | Terrorism and Naxalism threats to national development: LG Sinha | LG greets PM Modi on his 75th birthday | LG inaugurates Bailey Bridge on the Ramban-Gool Road | In a quiet gesture, he restored my dignity: Kashmir’s icon Shah Faesal’s touching birthday message to PM | 32 missing lives in Choshiti to be declared dead within six months | Our soldiers brought Pakistan to its knees: PM Modi | Vaishno Devi pilgrimage restarts, suspended again due to inclement weather | CM Omar inspects Jammu-Srinagar Highway amid concern over supply chain disruption | Principal Sessions Judge rejects bail plea of accused | Distance-Mode Engineering Degree Can’t Add Weightage: DB | Doctors on PG courses without joining duty not entitled to salary: HC | SIA arrests narcotic smuggler | Doda tops Jammu zone in recovering lost, stolen mobiles | Vishwakarma: Godfather of Construction and Creation | Mosquitoes suck- but should we simply get rid of them | The Cry of Reasi’s Chenab Villages: A Struggle for Survival and Dignity | Healthy Women Empower Families | Jammu Sankriti School bags 17 madal | YSS commence Inter School District Level Selection Trials/Competitions held | Modi birthday celebrates in Dewan Devi Public school | GDC Vijaypur organised Organ Donation pledge drive collaboration with SOTTO | Swachhata Hi Seva Abhiyan – Swachhata Shapath at PLW | GDC Darhal organises pledge ceremony on Anti Drug, Cleaniness | GDC Ramnagar organises donation drive on Sewa Parv | Online Quiz Competition on Life, Philosophy of Mahatma Gandhi | Indian Army restores vital road connectivity in Ramban | GDC Sunderbani organises Seva Parv programme | CCI president express economic hardships, disruption in business community | Govt of Inda organise National Youth Festival to commemorate Birth Anniversary of Swami Vivekanand | Dogri Deptt Jammu University organizes symposium | Doordarshan celebrates 66th foundation day with “Shabdanjali” | “Cleanliness is Service” campaign will be launched across the entire Indian Railways | GDC Khour organises plantation drive | KPBB relief drive for flood affected families in Jammu | AYUSH Health, Wellness Centre, Kenihama holds series of camps | 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