Food Processing Projects worth 234.68 Crores approved

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Ministry of Food Processing Industries
Ministry of Food Processing Industries

PIB News Update: Union Minister of Food Processing Industries Shri Narendra Singh Tomar, chaired the IMAC meeting through video conference today to consider the proposals received under the Scheme for Creation of Infrastructure for Agro-Processing Cluster (APC) of Pradhan Mantri KisanSampada Yojana (PMKSY). The promoters of projects also participated through Video Conference.

IMAC approved 7 proposals with total project cost of Rs. 234.68 Crores including grants-in-aid of Rs. 60.87 Crores in the States/UTs of Meghalaya, Gujarat, Madhya Pradesh, Karnataka, Maharashtra. These projects will leverage private investment of Rs. 173.81 Crores and are expected to generate employment for 7750 persons.

The scheme for Creation of Infrastructure for Agro-Processing Cluster (APC) has been approved on 03.05.2017 under the Pradhan Mantri KisanSampada Yojana to incentivize the setting up of agro processing clusters in the country.  This scheme aims at development of modern infrastructure to encourage entrepreneurs to set up food processing units based on cluster approach. These clusters will help in reducing the wastage of the surplus produce and add value to the horticultural / agricultural produce which will result in increase of income of the farmers and create employment at the local level.

List of projects approved by Inter-Ministerial Approval Committee (IMAC) in its meeting held on 24.11.2020 under Agro Processing Cluster Scheme:

 

Sl. No. Name of PEA Project Location Total Project Cost (Rs. In Cr) Total approved Grants-in-aid

(Rs. In Cr.)

1 M/s MeghaAgro Park Ri Bhoi, Meghalaya 21.65 8.8424
2 M/S Yash Industries Valsad, Gujarat 37.92 10.00
3 M/s Prashun Foods Pvt Ltd Dhar, Madhya Pradesh 25.84 9.9743
4 M/S Hiriyur Food Park Pvt. Ltd. Chitradurga, Karnataka 22.60 4.27
5 M/s DivyanshAgro and Food Park Bhandara, Maharashtra 24.58 8.9294
6 M/s Radiant Agro Thane, Maharashtra 37.40 8.8541
7 M/s Pravin Masalewale Satara, Maharashtra 64.69 10.00
    Total 234.68 60.8702

 

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