Ministry of Food Processing Industries
azadi ka amrit mahotsav

INVESTMENT IN FOOD PROCESSING SECTOR

Posted On: 05 DEC 2024 12:32PM by PIB Delhi

In order to ensure overall development of Food Processing Sector in the country, Ministry of Food Processing Industries (MoFPI) implements Central Sector Umbrella Scheme, Pradhan Mantri Kisan Sampada Yojana (PMKSY), since 2016-17, Production Linked Incentive Scheme for Food Processing Industry (PLISFPI), since 2021-22 and centrally sponsored Pradhan Mantri Formalization of Micro food processing Enterprises (PMFME) Scheme, since 2020-21. The details of the total investment made in the sector under the schemes of MoFPI and the percentage growth is as below:

 

  1. PMKSY

Project Cost (Rs. in Crore)

Schemes

2019-20

2020-21

2021-22

2022-23

2023-24

2024-25*

PMKSY

1875.20

1890.53

2378.12

1729.97

1665.65

732.17

Growth (%)

-

0.82

25.79

-27.25

-3.72

-

*as on 31st October, 2024

 

 

 

 

 

 

II. PMFME

 

 

 

 

 

Project Cost (Rs. in Crore)

Schemes

2021-22

2022-23

2023-24

2024-25*

PMFME

390.99

2483.14

5198.3

2335.18

Growth (%)

-

535.09

109.34

-

*as on 31st October,2024

 

III. PLISFPI

 

 

 

Project Cost (Rs. in Crore)

Schemes

2020-21

2021-22

2022-23

2023-24

PLISFPI*

663

3106

7067

8910

Growth (%)

-

368.48

127.53

26.08
                         

*Under the PLISFPI, all the beneficiaries are supposed to establish their units before 31st March, 2024 and start commercial operations.

Additionally, the details of the Foreign Direct Investment received in the food processing sector are as below:

 

Year

FDI (in US$ million)

2019-20

904.7

2020-21

393.41

2021-22

709.72

2022-23

895.34

2023-24

608.31

2024-25 (Upto September 2024)

368.37

 

(b).  By implementing PMKSY and PMFME, the total number of units set up are 643 and 1,08,580 respectively. Moreover, the employment generated through PMKSY and PMFME is 2,52,025 and 3,78,005 respectively. Year wise break-up is given as below:

 

Number of Food Processing units

Schemes

2019-20

2020-21

2021-22

2022-23

2023-24

2024-25

PMKSY

79

106

158

133

117

50

PMFME

-

-

2,885

28,686

54,730

22,279

 

Employment Generated

Schemes

2019-20

2020-21

2021-22

2022-23

2023-24

2024-25

PMKSY

36600

50204

66760

50618

33581

14262

PMFME

-

-

14201

90188

188802

84814

 

Under PLISFPI, 213 projects have been completed till date resulting in employment generation to the tune of 289832 persons. Furthermore, the number of units and employment generated in the state of Andhra Pradesh is as below:

 

Schemes

Number of Food Processing units

Employment Generated

PMKSY

23

14096

PMFME

5770

11185

PLISFPI

36

48758

 

(c).  The details of the Foreign Direct Investment received in the food processing sector is as below:

 

Year

FDI (in US$ million)

2019-20

904.7

2020-21

393.41

2021-22

709.72

2022-23

895.34

2023-24

608.31

2024-25(Upto September 2024)

368.37

 

The details of the key countries contributing to this investment are at ANNEXURE.

The Ministry of Food Processing Industries (MoFPI) is mandated to create post-harvest infrastructure and processing facilities, inter-alia, to boost the overall development of the food-processing sector including reduction in post-harvest losses; enhancing value addition etc. The Ministry through implementation of various initiatives and schemes aims for the overall development of food processing sector, including creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet, and to help in providing better returns to farmers, creation of employment opportunities, reducing wastage, increasing the processing level and enhancing the export of the processed foods.

MoFPI has undertaken a number of measures as part of the Aatmanirbhar Bharat Initiative, which includes PM Formalization of Micro Food Processing Enterprises (PMFME) scheme and Production Linked Incentive Scheme for Food Processing Industry (PLISFPI).

The Ministry has launched “PM Formalisation of Micro food processing Enterprises (PMFME) Scheme” for providing financial, technical and business support for upgradation of existing micro food processing enterprises as well as setting up of new units. The scheme is operational from 2020-21 to 2025-26 with total outlay of Rs. 10,000 crores.

PLISFPI is, inter alia, intended to support creation of global food manufacturing champions and support Indian brands of food products in international market. The scheme is being implemented over a six-year period from 2021-22 to 2026-27 with an outlay of Rs.10,900 crores.

MoFPI implements Central Sector Umbrella Scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY) since 2016-17 to create post-harvest infrastructure and processing facilities to boost the overall development of the food processing sector including reduction in post-harvest losses, enhancing value addition etc. MoFPI provides credit linked financial assistance (capital subsidy) in the form of grants-in-aid to entrepreneurs for setting up of food processing/preservation infrastructure which, interalia, includes cold storages to minimize post-harvest losses. As on date 1654 projects have been approved under PMKSY.

This information was given by Union Minister of Food Processing Industries shri Navneet Singh

Bittu in a written reply today in LokSabha

*****

COUNTRY WISE FOREIGN DIRECT INVESTMENT IN FOOD PROCESSING SECTOR IN INDIA

In US $ million

Sr No

Name of the Country

2019-20

2020-21

2021-22

2022-23

2023-24

2024-25 (Till SEP. 2024)

1

Singapore

202.15

38.80

302.48

267.96

262.44

48.45

2

Mauritius

77.18

64.26

82.56

193.90

20.65

41.65

3

U.S.A

68.79

130.91

60.06

66.06

29.51

38.60

4

Belgium

262.39

5.43

24.09

17.70

1.82

2.51

5

France

8.71

5.08

66.03

76.75

2.05

4.51

6

Switzerland

65.07

11.99

6.50

12.14

50.93

0.19

7

Ireland

-

0.0007

-

-

42.05

83.84

8

Mexico

-

52.28

55.59

5.88

-

9.59

9

British Virginia

1.48

1.39

16.12

29.33

71.89

-

10

Cyprus

106.94

0.28

1.60

-

-

-

11

IFSC, India

-

-

-

-

-

104.11

12

Japan

38.26

17.55

3.85

4.22

15.90

7.33

13

Netherland

9.01

30.83

11.42

25.23

7.07

-

14

Australia

0.0006

6.42

18.40

0.0003

30.01

20.18

15

Guernsey

-

-

-

59.12

5.06

0.86

16

Cayman Islands

3.49

5.97

15.02

28.42

6.05

-

17

Saudi Arabia

0.00

0.06

-

47.37

7.98

-

18

UAE

7.39

8.27

11.69

6.14

16.11

1.12

19

United Kingdom

9.37

1.35

10.00

11.70

9.55

0.08

20

Italy

14.58

-

0.01

0.01

18.17

0.06

21

South Korea

1.07

0.31

4.50

22.07

2.87

0.49

22

Brunei Darussalam

-

-

14.69

11.52

-

-

23

Luxembourg

12.64

-

0.18

0.15

-

0.02

24

Thailand

0.00

0.04

3.02

4.78

0.00001

1.31

25

Germany

4.69

3.32

-

0.51

0.11

0.0007

26

China

0.27

6.63

0.22

-

-

-

27

Spain

6.05

0.16

0.009

0.08

0.07

0.68

28

Indonesia

0.11

0.14

0.14

1.87

2.63

0.27

29

Canada

0.48

0.69

0.81

0.90

0.88

0.19

30

Denmark

0.51

-

-

-

2.44

-

31

Malaysia

0.21

0.06

0.29

0.12

0.21

1.89

32

Hong Kong

1.91

0.22

-

0.09

-

0.02

33

New Zealand

0.30

-

-

1.25

-

0.006

34

Taiwan

1.01

-

-

-

-

-

35

Kenya

0.00

0.68

-

-

-

-

36

Swaziland

-

-

-

-

0.67

-

37

Trinidad & Tobago

-

-

-

0.10

0.45

0.04

38

Qatar

0.07

0.07

0.17

-

0.19

-

39

Sweden

-

-

-

0.26

0.12

-

40

Sri Lanka

0.17

-

-

-

0.15

0.05

41

Iceland

-

-

0.10

0.07

-

0.14

42

Russia

0.07

0.03

0.001

-

-

0.05

43

Bulgaria

0.08

0.04

0.01

0.01

0.005

-

44

Oman

0.00

0.001

-

0.02

-

0.12

45

Greece

-

0.03

0.10

-

-

-

46

Serbia

0.13

-

-

0.001

-

-

47

Afghanistan

-

0.12

-

-

-

-

48

Liechtenstein

-

-

-

-

0.11

-

49

Cook Island

0.04

-

-

0.005

0.04

-

50

Israel

0.02

-

-

0.02

0.02

0.02

51

Nigeria

-

-

-

-

0.06

-

52

South Africa

0.05

-

-

-

-

-

53

Zambia

0.04

-

-

-

-

-

54

Bermuda

-

-

0.04

-

-

-

55

Romania

-

-

-

0.03

-

-

56

Lebanon

-

0.01

0.010

0.009

-

-

57

Egypt

-

-

-

-

0.03

-

58

Morocco

-

-

-

-

0.008

0.008

59

Poland

-

-

-

-

0.001

-

60

Kuwait

0.0007

-

-

-

-

-

61

Virgin Islands(US)

0.0001

-

-

-

-

-

 

Total:

904.70

393.41

709.71

895.84

608.31

368.37

 

*****

STK


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