Prime Minister Inaugurates Second Edition of World Food India (WFI) 2023

The Ministry of Food Processing Industries recently organized the second edition of World Food India (WFI) 2023, a prestigious event that marks the celebration of 2023 as the International Year of Millets. The primary objective of this event is to showcase India as the 'food basket of the world.' The first edition of WFI was launched in 2017 and was a remarkable success. The theme for WFI 2023 is "Exponential Food Processing: Positioning India as a Global Hub."

India's Food Processing Industry: A Sunrise Sector

India's Food Processing Industry (FPI) has emerged as a "sunrise sector" over the past decade. It has attracted substantial foreign direct investments (FDI) of about Rs 50,000 crore in the past nine years. This remarkable growth is indicative of the sector's potential and the government's commitment to promoting it.

Agri Exports on the Rise

One of the most notable achievements of the FPI is the substantial increase in the processed food segment's contribution to agricultural exports. This contribution has grown to 23 percent, marking an overall increase of 150 percent in the export of processed foods. This is a testament to the quality and quantity of processed food products that India now produces.

Soaring Processing Capacity

The processing capacity in the country has also witnessed substantial growth, reaching more than 200 lakh metric tonnes. This increase is a testament to the significant expansion and modernization of food processing units across the nation.

Three Pillars of India's FPI Growth

India's FPI growth is underpinned by three key pillars, each focusing on different aspects of the industry's development.

Small Farmers

One pillar revolves around the effective use of Farmer Produce Organizations (FPOs) to increase small farmers' participation and profits. Currently, there are over 7,000 FPOs operating in the country, contributing significantly to the welfare of small farmers.

Small Industries

Another vital aspect of FPI growth is the organization of approximately 2 lakh micro-enterprises to increase small-scale industries' participation. This not only fosters economic growth but also empowers small entrepreneurs and communities.

Women Empowerment

Empowering women has been a core focus of the FPI initiatives. More than 9 crore women are associated with Self-Help Groups (SHGs) in various roles within the food processing industry. Additionally, the Prime Minister has disbursed seed capital assistance to over 1 lakh SHGs, further promoting women's participation and economic empowerment.

Initiatives Driving FPI Growth

Several government initiatives have played a pivotal role in promoting the Food Processing Industry in India. Here are some of the key initiatives:

PM Kisan SAMPADA Yojana

The PM Kisan SAMPADA Yojana is a comprehensive scheme that encompasses various components, one of which is the Mega Food Park. This scheme is aimed at providing infrastructure and support to food processing units, enhancing their efficiency and productivity.

One District One Product (ODOP) Scheme

The ODOP scheme is giving a new identity to small farmers and small industries. By identifying and promoting unique products from each district, this initiative is not only boosting local businesses but also contributing to the diversification of India's food processing sector.

Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)

The PLISFPI is a crucial incentive scheme that encourages investment and growth in the food processing industry. It offers financial incentives to companies for enhancing their production capabilities and competitiveness.

Eat Right India Movement

The "Eat Right India" movement is a public awareness campaign that aims to promote healthy and safe food choices. By raising awareness about the importance of food safety and nutrition, this movement aligns with the government's vision of improving the overall quality of food products.

In conclusion, the second edition of World Food India 2023 marks a significant milestone in India's journey towards becoming a global food processing hub. The growth of the Food Processing Industry is not only a testament to India's vast agricultural resources but also reflects the government's commitment to boosting the sector through various initiatives.

FAQs

1. What is the primary focus of World Food India 2023?

The primary focus of World Food India 2023 is to position India as a global hub for food processing and celebrate the International Year of Millets in 2023.

2. How has India's Food Processing Industry (FPI) evolved in recent years?

India's FPI has evolved as a "sunrise sector" with significant foreign direct investments and a substantial increase in processed food exports.

3. What are the three pillars of India's FPI growth?

India's FPI growth is supported by small farmers, small industries, and women's empowerment within the sector.

4. What government initiatives have driven the growth of the Food Processing Industry in India?

Key initiatives include PM Kisan SAMPADA Yojana, One District One Product (ODOP) Scheme, Production Linked Incentive Scheme for Food Processing Industry (PLISFPI), and the Eat Right India Movement.

5. How is the "Eat Right India" movement contributing to the food processing industry?

The "Eat Right India" movement promotes food safety and nutrition, aligning with the government's vision to improve the quality of food products in the country.