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Incentive package to aid shift to packaged foods

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Synopsis

The PLI allocation for a five-year period includes incentives on ready-to-eat and ready-to-cook foods, mozzarella cheese, honey, marine products, fruits and vegetables, ghee, organic eggs and poultry meat.

NEW DELHI: The Rs 10,900 crore allocated for food processing by the government under the production-linked incentive scheme will fuel growth in a sector that’s seeing top dollar investments in anticipation of higher demand amid a consumption revival and factories returning to pre-Covid-19 production levels, industry executives said.“The incentive has come at a time when the overall food processing sector is witnessing massive shift from

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