India, July 8 -- The Ministry of Food Processing Industries (MoFPI) held a high-level stakeholder consultation in New Delhi to gather industry feedback for designing the next phase of its incentive and subsidy scheme for the food processing sector.
The meeting brought together government officials, industry leaders, sectoral associations, IFCI Ltd, Invest India, and beneficiaries of the Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) to discuss the future framework of fiscal support for the sector.
During the meeting, the ministry highlighted the strong performance of the existing PLISFPI. Against a committed investment of Rs 7,722 crore, companies have invested over Rs 9,207 crore across 212 manufacturing locati...