Context: Recently, the Union Minister of Food Processing Industries, inaugurated the 8th edition of Indusfood, Asia’s premier Food and Beverage (F&B) Trade Show at the India Exposition Mart Ltd in Greater Noida, Gautam Budh Nagar, Uttar Pradesh.
- Indusfood is organized by the Trade Promotion Council of India (TPCI) (Launched in 2017) with support from the Department of Commerce.
- The event will feature the Asia President’s Forum, held in India for the first time, in partnership with the Indian Federation of Culinary Associations (IFCA).
- Indusfood 2025 hosts two concurrent events:
- Indusfood Manufacturing (4th edition): Focuses on food processing, packaging, and hospitality technologies.
- Indusfood Agritech (Inaugural edition): Dedicated to agricultural, fisheries, dairy, and poultry farming technologies.
- Indusfood 2025 transitions into a farm-to-fork trade show, highlighting India’s focus on sustainable food systems.
- India’s diverse agroclimatic zones, strong agricultural resources, and growing processed food sector make it a hub of opportunity.
- With government support and a booming consumer market, India offers great potential for international trade and investment.
- Indusfood plays a key role in connecting global markets and fostering partnerships in India’s food economy.
Government Initiative to Boost the Food Industry
- Production Linked Incentive Scheme for Food Processing Industry (PLISFPI):
- Approved in March 2021 with a budget of ₹10,900 crore (2021-22 to 2026-27).
- Focuses on incentivizing manufacturing in major food segments, promoting innovative/organic products, and supporting global branding of Indian food brands.
- PLISFPI for Millet-based Products (PLISMBP):
- Launched in FY 2022-23 with ₹800 crore, promoting millet-based food processing.
- Supports industry expansion, strengthens Indian brands, and creates job opportunities.
- Key Schemes for Food Processing Sector:
- PMKSY (Pradhan Mantri Kisan SAMPADA Yojana): Focuses on infrastructure development, cold chains, and technology adoption. 1,281 projects approved.
- PMFME Scheme: Supports formalization of micro food processing enterprises.
- PLI Scheme: Offers incentives to SMEs focusing on innovative food products.
- R&D Support under PMKSY:
- Promotes research in food quality and safety standards.
- Provides financial assistance (50-70%) for equipment costs, particularly for difficult areas.
- Food Safety and Quality Assurance Infrastructure:
- Financial assistance for establishing and improving food testing labs across India.
- Sustainability Focus:
- PMKSY, PMFME, and PLI schemes promote sustainability by reducing food losses, encouraging tech-based innovation, and boosting millets, which require fewer resources and provide nutritional benefits.
- Global Branding Support:
- The PLI scheme offers 50% financial incentives for international branding, capped at ₹50 Crore annually, supporting the global emergence of Indian food brands. 77 applications are covered under this scheme.