AP govt targets Rs 5,000 cr investment in food processing sector, create 50,000 jobs
Updated: Jul 27, 2015 02:00:15pm
Hyderabad, July 27 (KNN) To make the state one of the most preferred destinations for food processing industries, the Andhra Pradesh government is targeting investments worth Rs 5,000 crore in the sector by 2020 which aims to create 50,000 additional employment opportunities in the sector.
The new Food Processing Policy 2015-20 has an objective to develop commodity-based clusters to enable a focused and planned approach to develop the food processing industry through a coordinated approach between government departments.
The policy covers the sub-sectors namely - agriculture, horticulture, animal husbandry and dairy / poultry. It also covers aquaculture and marine production under the purview of Fisheries Policy 2015-20.
The state government will set up Inland Container Depots at Chittoor and Kakinada port for the food processing sector to facilitate import/export of food products.
It will also establish a Banana Development Board with an allocation of Rs.10 crore initially and a Mango Development Board at Tirupati and on the lines of Spices Board and Coconut Board.
The government will strive to setup three integrated food parks - Integrated Food Parks; Mega Food Parks and Ultra Mega Food Parks across all districts.
Suo Motu proposals will also be considered, for which a Swiss Challenge process would be adopted as per the relevant provisions of the APIDE Act 2001. (KNN Bureau)
The new Food Processing Policy 2015-20 has an objective to develop commodity-based clusters to enable a focused and planned approach to develop the food processing industry through a coordinated approach between government departments.
The policy covers the sub-sectors namely - agriculture, horticulture, animal husbandry and dairy / poultry. It also covers aquaculture and marine production under the purview of Fisheries Policy 2015-20.
The state government will set up Inland Container Depots at Chittoor and Kakinada port for the food processing sector to facilitate import/export of food products.
It will also establish a Banana Development Board with an allocation of Rs.10 crore initially and a Mango Development Board at Tirupati and on the lines of Spices Board and Coconut Board.
The government will strive to setup three integrated food parks - Integrated Food Parks; Mega Food Parks and Ultra Mega Food Parks across all districts.
Suo Motu proposals will also be considered, for which a Swiss Challenge process would be adopted as per the relevant provisions of the APIDE Act 2001. (KNN Bureau)
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