What is the amount of FDI in the food processing sector in the last 9 years according to PM Modi
PM Modi reveals that there has been ₹50,000 cr FDI in the food processing sector in the last 9 years.
According to PM Modi, the amount of foreign direct investment (FDI) in the food processing sector in the last 9 years is ₹50,000 crores. Here are the key points regarding this:
- In the last 9 years, the food processing sector has attracted a significant amount of FDI.
- This sector plays a crucial role in India's agricultural and economic growth.
- The ₹50,000 crores FDI reflects the increasing interest of foreign investors in India's food processing industry.
- FDI in the food processing sector brings in advanced technology, expertise, and global market access.
- It leads to the modernization of the industry, helps in reducing food wastage, and boosts employment opportunities.
- Foreign investment also enhances the value addition and export potential of Indian agricultural produce.
- The government's policies and initiatives have contributed to attracting such substantial FDI in the food processing sector.
- This investment is expected to further promote growth, innovation, and competitiveness in the industry.
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