DEPARTMENT OF INDUSTRIES AND COMMERCE,
GOVERNMENT OF TELANGANA
fixed capital of 32.75$bn
turmeric and sweet orange.
grapes, mango and soyabean
Director Business Development,
Industry outlook, Opportunity in Telangana
India’s food ecosystem offers huge opportunities for investments with stimulating growth in the food retail sector, favourable economic policies and attractive fiscal incentives. The Food & Grocery market in India is the sixth largest in the world. Food & Grocery retail market in India further constitutes almost 65% of the total retail market in India. Ministry of food processing industries, GoI has targeted to increase the aggregate levels of food processing in the country from 10% to 20% by 2020 and to increase the fixed capital base of food processing industries in India by five folds over the next ten years.
The Ministry of Food Processing Industries (MoFPI) is making all efforts to encourage investments across the value chain. The government has sanctioned 42 Mega Food Parks (MFPs) to be set up in the country under the Mega Food Park Scheme of which 17 are currently functional.
Food processing has been identified as one of the 14 thrust sectors for the state in the industrial policy framework of 2014. Currently, Food processing industry in Telangana processes ~25% agri & allied output by value and adds 12.5% in value. Telangana is blessed with a rich agri food raw material base. Based on production data for 2014-15, Telangana is ranked first across the country for production of turmeric and sweet orange. Further, Telangana is a well-accepted leader in poultry and seed business. Moreover, there is huge potential to promote inland fisheries, organized meat processing, greenhouse and exotic vegetable cultivation in the state.
To add value to agro-products and to maintain and expand the existing strengths as well as to partner with the national Food Processing Mission, there is a need to encourage this sector. To take this further, there are numerous subsidies, policies and schemes that the state has introduced to support the sector. As of today, there are 4 major food park projects worth~ 492 Cr, 7 integrated cold chain projects worth ~208 Cr, 20 NMFP projects worth ~108 Cr in the state.
Telangana Agri Profile
Poultry in Telangana
Our work with the State of Telangana in the past one year have been very positive. The top teams are approachable, enthusiastic and are constantly pushing the agenda for growth. They work along with you to ensure that the entire process runs smoothly. As a mega investor in the state, their outlook makes me extremely confident of our project’s success.
We were exploring the best place in India to establish our first manufacturing unit in this region. We explored quite a lot and found Hyderabad as the most suitable location. The combination of youthful energy, vibrant infrastructure, plentiful resources, warm people and extremely supportive government made our choice quite easy in the end. The state policies and administrative support handhold investors and businesses throughout. We see Hyderabad as a strong base for markets in India and outside
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