Food Processing and Agriculture
Embark on a journey into India’s thriving food processing & agriculture sector, where investment opportunities abound. As the world’s largest producer of milk, spices, and pulses, India offers a fertile ground for growth and innovation.
Nurturing robust expansion, the food processing sector in India showcases an impressive Annual Average Growth Rate (AAGR) of approximately 8.41%. Projections indicate a soaring output, expected to reach USD 535 billion by 2025-26. Spearheading advancements in agricultural infrastructure and supply chain management is the Pradhan Mantri Kisan Sampada Yojana (PMKSY), laying the foundation for sustained growth.
Under the PMKSY’s ambit, numerous initiatives have been launched, including 41 Mega Food Parks, 348 Cold Chain projects, 68 Agro-Processing Clusters, 61 Backward and Forward Linkages Projects, and 6 Operation Green projects, fostering a comprehensive ecosystem for food processing and agriculture.
The government’s steadfast commitment is evident through the Ministry of Food Processing Industries, which has allocated USD 556.2 million to the PMKSY scheme until March 2026.