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PM pitches for food basket diversification

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PM pitches for food basket diversification
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4 Nov 2023 4:59 AM IST

New Delhi: India’s sunrise food processing sector has attracted Rs50,000 crore FDI in the last nine years, Prime Minister Narendra Modi said on Friday, as he stressed on reducing post-harvest losses and food wastage. He also said India’s food processing capacity has witnessed significant growth in the last nine years leading to 150 per cent growth in exports of processed food. The capacity of the food processing sector too has increased from a meagre 12 lakh tonne to over 200 lakh tonne. He also spoke on benefits of consumption of millets, and pitched for diversification of the food basket in the public distribution system.

Modi was addressing the second edition of World Food India at Bharat Mandapam in the national capital. The three-day event will conclude on November 5.

food processing sector FDI Narendra Modi Food processing sector 
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