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PM Modi Announces: Rs 50,000 Crore FDI Boost in Food Processing Sector Over 9 Years

Prime Minister Narendra Modi revealed that India’s burgeoning food processing sector has successfully garnered a substantial Rs 50,000 crore in foreign direct investment (FDI) over the past nine years. During his statement, he emphasized the importance of minimizing post-harvest losses and reducing food wastage.

Additionally, PM Modi highlighted the remarkable progress in India’s food processing capacity over the same period, resulting in a remarkable 150% surge in the export of processed food. The sector’s capacity has also experienced significant expansion, surging from a mere 12 lakh tonnes to over 200 lakh tonnes.

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John Doe

John Doe is a passionate writer and commentator based in the United States. With a keen eye for current affairs and a deep understanding of political dynamics, John brings a unique perspective to the world of journalism. His incisive analysis and thought-provoking insights make him a trusted voice in American discourse. When he's not busy putting pen to paper, John enjoys exploring the diverse landscapes of the U.S., seeking inspiration from the rich tapestry of American culture and history.

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