Aimed primarily at providing adequate infrastructure facilities for the food processing industry along the value chain from farm to market, The Mega Food Parks would bring together farmers, retailers and processors and link agricultural production to market in order to maximise value addition, minimize wastage and improve farmers' income.
Government will approve 17 food parks across the country over the n...
ext few months, attracting investments of about Rs 2,100 crore.
This step of the Government will create huge modern infrastructure for food processing sector and provide impetus to the growth of the sector. These 17 newly selected Mega Food Parks are likely to attract investment of around Rs. 2000 crore in modern infrastructure, additional collective investment of around Rs. 4000 crore in 500 food processing units in the Parks and an annual turn-over of Rs. 8000 crore. These Parks, when fully functional, will create employment for about 80000 persons and benefit about 5 lakh farmers directly and indirectly.
Mega food parks represent the much needed ‘game changer' to enhance investments in food processing sector, as they will help streamline and dis-intermediate the agri supply chain by establishing direct backward and forward linkages, thereby, reducing wastage – and providing the much needed plug-and-play model under a single window for the benefit of small and medium enterprises and entrepreneurs.
List of Mega Food Parks
S. No.
Project Name
District
State
Project Cost (in Rs. crore)
Eligible Proposals from State Government Agencies
1
Kerala State Industrial Development Corporation Limited (KSIDC)