FDI in India's Food Processing Sector Down 30% to Rs 5,037 Crore in 2023-24 Introduction Foreign Direct Investment (FDI) in India's food processing sector dropped by 30% in the fiscal year 2023-24, reaching Rs 5,037.06 crore, a steep decline from Rs 7,194.13 crore in 2022-23. This comes as the secto...
PLI Scheme for Food Processing Sector: A Catalyst for Growth Introduction The Indian government’s Production Linked Incentive (PLI) scheme, with an investment of ₹10,900 crore, is poised to accelerate growth in the food processing sector, according to B Thiagarajan, Managing Director of Blue Star Lt...
Parallel System Required to Support Food Industry: Delhi's Restaurant Owners on Night Economy Introduction As part of its efforts to stimulate Delhi's night-time economy, the Aam Aadmi Party (AAP) government has announced a series of policy measures aimed at boosting the city's food and hospitality ...
India's Food Service Market to Reach USD 79.65 Billion by 2028: Report Introduction India's food service market is projected to reach USD 79.65 billion by 2028, according to the Food Service and Restaurant Business Report 2022-23, by Francorp and restaurantindia.in. Growing at an impressive CAGR of ...
Eating Out Could Become More Expensive as Vegetable Prices Soar Introduction With vegetable prices reaching unprecedented levels, diners might find themselves paying more for their meals when eating out. Staple vegetables like onions and tomatoes have seen a sharp price surge, leading many restauran...