Indian government announces funds to boost food processing, exports
NABARD to release Rs.3,000 crore as loans for establishment of food processing units, cold chain infrastructure Sachin Manawaria | @TheDollarBiz The funds announced by the government will help modernise existing food processing facilities as well (Pic - The tea factory in Munnar is the oldest tea factory in India) The Indian government has embarked on several measures, including funds for food processing units and cold chain facilities, to help improve the countrys food processing sector and boost exports. India is a top producer of food grains, and fruits and vegetables, but processed food exports remain stunted because only 2% of total production is currently processed in the country. Lack of food processing and cold chain facilities are also reasons behind the high ...
