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Press Information Bureau
Government of India
Ministry of Food Processing Industries
25-February-2011 16:36 IST
Steady Rise in Exports of Processed Food
“39”

There has been a steady rise in the exports done by food processing industry upto 2008-09. During 2009-10, a decline was noticed which was primarily due to global recession.  However, in 2010-11 there appears to be signs of slight increase in the exports of processed foods.

 

            Government has provided following fiscal incentives to processed food industry to encourage the exports: -

i)          EPCG scheme has been extended to processed food products with a zero duty and status Holder Incentive Schemes has also been introduced for the processed food sector.

ii)         Addition of new markets under the Focus Market Scheme i.e. coverage of Africa, Latin America and large part of Oceania. Under this Scheme available incentives were increased from 2.5% to 3% and from 1.25% to 2% under Market Linked Focus Products Scheme (MLFPS).

iii)        Excise duty and VAT are exempted in majority of the processed food products.

iv)          APEDA provides financial assistance under their schemes for promotion of exports.

 

            The quantity of products exported and its value for 2008-09, 2009-10 and upto October month of 2010-11 given below: -

 

(Qty in MT and Value in Rs. Lakh)

 

2008-09

2009-10

2010-11

Product

Qty

Value

Qty

Value

Value

(Apr-Oct)

Processed fruits and vegetables

844881.31

316351.91

(687.87)

808920.46

312051.35

(658.33)

154803.21

(336.53)

Other processed foods

2433913.43

 

690204.79

(1500.77)

1016333.64

 

518677.64

(1094.25)

397899.05

(865.00)

Total

3278794.74

 

1006556.7

(2188.64)

1825254.1

 

83072.99

(1752.58)

552702.26

(1201.53)

Figures in Parenthesis are in million US $

This information was given by the Minister of State for Food Processing Industries, Shri Harish Rawat in a written reply in  the Rajya Sabha today.

 

SB:CP: process food (rajya) 25.2.2011