Govt targets 25% food processing by 2031, courts investment via PLI 2.0 and 'Bharat' brand push
The Ministry of Food Processing Industries aims to lift processing levels to 25% by 2031 from 17% in 2023 (10% in 2010-11), weighing a national processing mission or PLI 2.0 atop the existing ₹10,900 crore outlay. A new 'Bharat' brand would market Indian processed foods and beverages globally.
Government targets raising food processing levels to 25% by 2031 from 17%, seeking a national processing mission or PLI 2.0, and plans a Bharat brand to promote Indian processed foods and beverages globally.
Why this matters
Follows MoFPI's industry consultations on the next phase of its food processing PLI scheme and Chirag Paswan's push to reframe processed food quality narratives, signaling deeper policy support for the sector.
Retail-company signals accelerating at +836100% QoQ.
Also reported by
- The Hindu BusinessLine — Same time