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India's food ecosystem offers huge opportunities for investments with stimulating growth in the food retail sector, favorable economic policies and attractive fiscal incentives. The Government of India through the Ministry of Food Processing Industries (MoFPI) is also taking all necessary steps to boost investments in the food processing industry. The government has sanctioned 42 Mega Food Parks (MFPs) to be set up in the country under the Mega Food Park Scheme. Currently, 17 Mega Food Parks have become functional. Food Retail market is majorly dominated by Food Grocery (growing at CAGR 25%) and Food Services (growing at CAGR 15%) segments.

The ASSOCHAM’s Council on Food Processing and Value Addition plays a key role in bridging the gap between Government and Industries, providing platform to the industries to represent them in front of Government, policy advocacy, outreaching the various initiatives of Government schemes and creating awareness to the populace to ensure last mile delivery.

For further details, please contact [email protected]

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