Source: Business Standard, Jun 13, 2016
Ahmedabad: Having announced a dedicated policy in agro business, Gujarat expects about Rs 10,000-15,000 crore investment in agro food processing sector in next five years. The state government on Monday announced the ‘Comprehensive Agro Business Policy 2016-21’ which focuses on value addition of agriculture produce.
“As on date, about Rs 3,000 crore investments have been made under various schemes for food processing but with special focused policy, we are expecting about Rs 10,000-15,000 crore investments in agro food processing sector in next five years,” said K S Randhawa, managing director of Gujarat Agro Industries Limited.
According to state government, there are huge opportunities in agro food processing sector in India and through this policy it wants to explore markets within India and globally.