ENA State 2024-01-17 17:33:44 <p><span style="font-size:14px"><strong>Kundli, Jan 17 (KNN)</strong> The Ministry of Food Processing Industries and Startup India are set to inaugurate the Food Processing &amp; Allied Sectors Startup Conclave on February 13 to 14, 2024 at NIFTEM Kundli, Haryana.</span></p> <p><span style="font-size:14px">The prestigious event will be inaugurated by Honble Minister of Food Processing Industries Pashupati Kumar Paras.</span></p> <p><span style="font-size:14px">The two-day event will feature activities aimed at engaging and empowering stakeholders.</span></p> <p><span style="font-size:14px">It includes a Showcase Opportunity, providing startups a platform to exhibit innovations, knowledge sessions offer insights and expertise on industry trends, pitching sessions enable startups to present ideas to investors and industry leaders, networking opportunities facilitate interactions, fostering collaboration among startups, established companies, and other stakeholders.</span></p> <p><span style="font-size:14px">This Startup Conclave aims to foster collaboration, knowledge sharing, and promote startups.</span></p> <p><span style="font-size:14px">It seeks to bring together startups, established companies, research institutions, and government agencies to pool resources and develop innovative solutions collaboratively.</span></p> <p><span style="font-size:14px">The conclave emphasises knowledge sharing to facilitate the exchange of experiences and industry insights for nurturing startup growth.</span></p> <p><span style="font-size:14px">Additionally, it provides platforms for startups to showcase innovations, gain exposure, and attract potential investments, contributing to the overall advancement of the food processing industry. </span></p> <p><span style="font-size:14px">Currently, there are approximately 3800 startups in the food processing space, with Maharashtra, Delhi NCR, Karnataka, Tamil Nadu, and Telangana emerging as the top 5 States/UTs.</span></p> <p><span style="font-size:14px">Moreover, around 7800 startups are actively participating in the food and allied sectors.</span></p> <p><span style="font-size:14px">The enthusiasm for innovation in the field is evident, with 140 startups applying for the Food Processing Grand Challenge.</span></p> <p><span style="font-size:14px">Over the past five years, ending in 2019-20, the food processing sector has shown an impressive average annual Growth Rate (AAGR) of around 8.38 per cent, outpacing agriculture's growth rate of approximately 4.19 per cent (at 2011-12 prices).</span></p> <p><span style="font-size:14px">This sector holds the distinction of being the largest employment provider in the country, engaging nearly 21 Lakh people in the organised and 51 Lakh in the unorganised segment. </span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 36326 https://knnindia.co.in/news/newsdetails/state/food-processing-startup-conclave-on-13-14-feb-2024 2024-01-17 17:33:44 knnindia.co.in