April 21, 2026 5:30 PM
India’s food processing sector witnessing strong transformation with production linked incentive scheme
India’s food processing sector is witnessing a strong transformation, with the Production-Linked Incentive Scheme for the Food Processing Industry (PLISFPI) emerging as a key driver of growth, investment, and employment. Backed by an outlay of ₹10,900 crore, the scheme is helping position India as a global hub for processed food manufacturing while strengthening the link between agriculture and industry. Launched in 2021, PLISFPI aims to boost domestic manufacturing, incentivise incremental...


