Central Sector scheme of the Ministry of Food Processing Industries (approved 31 March 2021, outlay ₹10,900 crore, implemented 2021-22 to 2026-27) to create global Indian food-manufacturing champions and promote Indian food brands internationally. It has three components: (i) incentivising manufacturing of four major food-product segments (ready-to-cook/ready-to-eat foods, processed fruits & vegetables, marine products, and mozzarella cheese); (ii) supporting innovative/organic products of SMEs in these segments; and (iii) supporting branding and marketing abroad of Indian food brands. Incentives are production-linked: selected applicants must achieve the minimum committed Compound Annual Growth Rate (CAGR) in sales over the base year and the committed year-wise investment, and must use domestically grown agricultural produce (excluding additives, flavours and edible oils). Applications are invited through an Expression of Interest on the PLIS portal and appraised by a Project Management Agency; the Ministry approves selection, sanction and release of incentives.
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No overview, state applicability, or FAQ content on file for this scheme yet.
Food-manufacturing entities (proprietary/partnership firms, companies, LLPs, cooperatives, SMEs) meeting stipulated minimum sales and willing to make the committed investment for capacity expansion and branding abroad, in the four notified segments (RTC/RTE, processed fruits & vegetables, marine products, mozzarella cheese) or the innovative/organic-SME and branding-abroad components. Incentive is contingent on achieving the minimum committed sales CAGR and year-wise committed investment, and on using domestically grown agricultural produce.
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