Agri Buzz: Food Processing Sector to Become Robust with Investment Commitments of Rs 1 Lakh Crore In last One Year

Food Processing is all set to become the most robust sector in India to contribute majorly to Indias growth and the sector is all set to double farmers income by 2022 as envisioned by the Prime Minister Narendra Modiji, said Union Minister for Food Processing Industries Harsimrat Kaur Badal yesterday. Shel informed media that four years back when she took over, food processing sector was totally disorganized and the industry was apprehensive of launching new projects or products and committed projects were being delayed and shelved. After four years she has reversed the business environment and turned it into the most buoyant and happening sector. The Minister noted that from a dismal situation four years back, the country has investment commitment of nearly Rs 1,00,000 crores which have come in last one year alone and out of which investment worth Rs.73000 crores have started grounding. This is just tip of the iceberg that shall unleash its real potential in years to come, says the minister.