Latest Food Processing Sector News & Updates

Government’s Food Processing Incentive Scheme Boosts Industry Growth and Job Creation

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New Delhi, April 21 (IANS) The Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) has driven capacity expansion in food processing, job creation, and export growth, with beneficiaries receiving a total incentive of Rs 2,162.55 crore, the government said on Tuesday.Food processing and preservation capacity has grown by 34 lakh MT per annum, the official statement said, highlighting the scheme’s impact.A total of 165 applications have been approved, corresponding to 274 pr…