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FDI in India's food processing sector declined 30% to Rs 5,037.06 crore ($612 million) in the last fiscal year.
FDI in India's food processing sector declined 30% to Rs 5,037.06 crore ($612 million) in the last fiscal year, according to official data.
To boost investment, the government implemented measures like 100% FDI through the automatic route and lower GST rates for raw and processed products.
Despite this, processed food exports declined 17% to $10.88 billion in 2023-24 from $13.078 billion in 2022-23.
The Ministry of Food Processing is implementing schemes like PM Kisan SAMPADA Yojana, PLISFPI, and PMFME to encourage sector development, improve supply chain management, and enhance farmer returns.
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La inversión extranjera directa en el sector de la elaboración de alimentos de la India disminuyó en un 30% a 5.037,06 millones de rupias (612 millones de dólares) en el último año fiscal.