Food processing is top priority of Government: PM Modi

Food processing is top priority of Government: PM Modi

Food processing is top priority of Government: PM Modi

She elaborated that the Pradhan Mantri Kisan Sampada Yojana, has been recently launched to create world-class food processing infrastructure to leverage investment of five billion USA dollars, to benefit two million farmers and generate more than half a million jobs over the next three years.

"India has jumped 30 ranks in the World Bank "doing business" rankings". The three-day event aims to transform food economy and realise the vision of doubling of farmers' income by establishing India as a preferred investment destination and sourcing hub for the global food processing industry. Bullish on the Indian market, ITC CEO Sanjiv Puri said: "With a population of 1.3 billion, India's consumption market is projected to triple to $4 trillion by 2025 with the bulk of expenditure going into food products". The portal maps resources upto the local level, with processing requirements. Harsimrat Kaur Badal stated, "The Govt has been successful in generating tremendous interest among global and Indian food companies in investing in this sector". "These investments in total are created to accelerate our transformation journey towards a healthier portfolio", the company said. It has been practiced for ages.

As the khichdi cooked inside the wok, huge spatulas, nearly the size of oars, were used to stir the dish.

"We anticipate an investment of about $50 million during the next five years as we focus on growing and expanding our presence in India", Hershey India chairman and managing director Praveen Jakate said. Paul Bulcke, the Global Chairman of Nestle said that harmonising and framing of rules should be a priority for the Modi government. He said India is also rapidly progressing on the Global Innovation Index, Global Logistics Index and Global Competitiveness Index. The opportunities for foods in India are huge.

Minister of Food Processing Industries added that India was geared up for a revolution in the food processing sector and it was clear that the global companies were eagerly looking towards India for collaboration.

Modi also talked about India's improved ranking on the World Bank's "ease of doing business" index. "I believe food should be used to unite people", he said.

Hailing the farmers, Prime Minister Narendra Modi on Friday called them central to the government's efforts in the field of food processing.

The world record attempt of Brand India prepared Khichdi will be prepared using Indian ingredients such as Chawal, Moong Dal, Amaranth, Jowar, Bajra, Jo, ghee and Indian spices to make it high protein and nutritious.

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