Status of Food Processing Industry in Maharashtra

By | February 27, 2016
(Last Updated On: February 27, 2016)

Status of Food Processing Industry in Maharashtra

The status of Food Processing Industries in Maharashtra as per Annual Survey of Industries 2012-13 is as follows:

ParametersMaharashtra% to All India
No. of registered Food Processing Industries30778.28
Fixed Capital (Rs. in crore)27577.0817.36
Employment (Persons)21712412.85
Gross Value Added (Rs. in crore)10633.9813.17

As per a recent study by NABARD submitted to Government of Maharashtra, less than 1.2 percent of fruits and vegetables are processed. Out of the total yield, 60 percent vegetables and 70 percent fruits are consumed fresh. The report further states that despite being the leading state in the Agro Industry, Maharashtra, with 1 lakh metric ton processing capacity, falls well below the required capacity by International Standards.

Government has approved setting-up of 4 Mega Food Parks in Maharashtra out of which 2 are functional. It is expected that 25-30 Food Processing units would be set-up in functional Mega Food Parks. Government has also assisted 27 Cold Chain Projects in Maharashtra out of which 17 have been completed and others are in advanced stage of completion. Government has further assisted setting-up of 545 units and released Rs. 7772.8 lakhs as grant-in-aid since April, 2012 till date. Government has also set-up a corpus of Rs. 2000.00 crores with NABARD for providing concessional credit to Mega Food Park, Designated Food Parks and units to be set-up therein.

This information was given by Minister of State for Food Processing Industries Sadhvi Niranjan Jyoti in a written reply in Rajya Sabha today.

Source Ministry of Food Processing Industries 26-February, 2016

 

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About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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