Lok Sabha Question No. 564 (UNSTARRED), answered on 2024-11-28
Subject: PLI Scheme in Food Processing Industry Sector
Ministry: FOOD PROCESSING INDUSTRIES
Asked by: Shri Bastipati Nagaraju

## GOVERNMENT OF INDIA

## MINISTRY OF FOOD PROCESSING INDUSTRIES

## LOK SABHA

## UNSTARRED QUESTION NO. 564

ANSWERED ON 28 TH  NOVEMBER, 2024

## PLI SCHEME IN FOOD PROCESSING INDUSTRY SECTOR

## 564. SHRI BASTIPATI NAGARAJU:

Will the Minister of FOOD PROCESSING INDUSTRIES be pleased to state:

- (a) the details of the total amount of investment proposals received by the Government during the World Food India 2023 event held at Bharat Mandapam;
- (b) the steps taken/being taken by the Government to boost the food processing industries in the country;
- (c) whether the Government has introduced any Production Linked Incentive (PLI) scheme in the food processing industry sector in the country;
- (d) if so, the details thereof along with the companies that have applied for the scheme in Andhra Pradesh; and
- (e) the details of the number of companies selected and funds disbursed for the same, year- wise?

## ANSWER

## THE MINISTER OF STATE FOR FOOD PROCESSING INDUSTRIES (SHRI RAVNEET SINGH)

(a).    Ministry  of  Food  Processing  Industries  (MoFPI)  organized  World  Food  India-2023  during  3 rd to  5 th November, 2023 at Bharat Mandapam, Pragati Maidan, New Delhi. The total amount of Investment interests announced and MoUs signed during the World Food India 2023 is Rs. 33,129 Crore.

(b).   In  order to boost and ensure overall development of Food Processing Sector, Ministry is implementing Central  Sector  Umbrella  Scheme  Pradhan  Mantri  Kisan  SAMPADA  Yojana  (PMKSY),  Production  Linked Incentive Scheme for Food Processing Industry (PLISFPI) and Centrally sponsored PM Formalization of Micro Food Processing  Enterprises  (PMFME)  scheme  across  the  country.  Under  component  schemes  of  PMKSY, Ministry  provides  mostly  credit  linked  financial  assistance  (capital  subsidy)  in  the  form  of  grants-in-aid  to entrepreneurs selected on the basis of Expression of Interest (EoI) issued from time to time, with total outlay of Rs. 5520 Cr for 15 th Finance Commission Cycle. The Ministry also provides financial, technical and business support for setting up/ upgradation of individual micro food processing enterprises through credit linked subsidy under PMFME scheme. The scheme is operational for a period of upto 2025-26 with an outlay of Rs. 10,000 Crore.

(c) to (e).  Ministry is implementing the Central Sector Scheme- 'Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)' to support creation of global food manufacturing champions commensurate with India's natural resource endowment and support Indian brands of food products in the international markets with an outlay of ₹ 10,900 crores,  to be implemented from 2021-22 to 2026-27. PLISFPI is targeted to facilitate expansion  of  Food  Processing  capacity  by  creating  champion  brands  in  Food  Processing  Sector.  Details  of applications received from the state of Andhra Pradesh under PLI scheme is given in Annexure .   Out of 13 applications received, 7 companies were selected. Incentive of Rs.63.92 crore for FY 2021-22 was disbursed to 6 PLI Beneficiaries and incentive of Rs. 19.27 crore for FY 2022-23 was disbursed to 2 PLI Beneficiaries.

## ANNEXURE  REFERRED  TO  IN  REPLY  TO  PART  (c)  TO  (e)  OF  LOK  SABHA  UNSTARRED QUESTION  NO.  564  FOR  REPLY  ON  28 TH  NOVEMBER,  2024 REGARDING  'PLI  SCHEME  IN FOOD PROCESSING INDUSTRY SECTOR'

## Details of applications received from the state of Andhra Pradesh under PLI scheme

| Applicant Name                               | Category             | Target Segment      |
|----------------------------------------------|----------------------|---------------------|
| AVANTI FROZEN FOODS PRIVATE LIMITED          | Category 1           | Marine Products     |
| DEVI FISHERIES LIMITED                       | Category 1           | Marine Products     |
| DEVI SEA FOODS LIMITED                       | Category 1           | Marine Products     |
| NEKKANTI SEA FOODS LTD                       | Category 1           | Marine Products     |
| SANDHYA AQUA                                 | Category 1           | Marine Products     |
| SANDHYA MARINES LIMITED                      | Category 1           | Marine Products     |
| COASTAL CORPORATION LIMITED                  | Category 2           | Innovative          |
| VEERABHADRA EXPORTS PRIVATE                  | LTDCategory 2        | Innovative          |
| SRI SRINIVASA DAIRY PRODUCTS PRIVATE LIMITED | Category 2           | Organic             |
| SRI VENKATESHWARA AGENCIES                   | Category 2           | Innovative          |
| JAGADEESH MARINE EXPORTS                     | Category 3           | Branding &Marketing |
| MOURYA AQUEX PRIVATE LIMITED                 | Category 3           | Branding &Marketing |
| COASTAL FOODS                                | Millet Based product | Millet MSME         |

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