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17 Food Parks may register Rs 2000 cr investment ; Rs 8000 cr turnover
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Wednesday, 25 March, 2015, 08 : 00 AM [IST]
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Ashwani Maindola, New Delhi
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fiogf49gjkf0d Ministry of food processing industries (MoFPI), at a press meet held here on Tuesday, announced sanctioning of 17 new Mega Food Parks.
The parks are likely to register investment of around Rs 2,000 crore in modern infrastructure, additional collective investment of around Rs 4,000 crore in 500 food processing units in the parks and an annual turnover of Rs 8,000 crore. These parks, when fully functional, will create employment for about 80,000 persons and benefit about five lakh farmers directly and indirectly.
Total of 42 mega parks have been sanctioned by the government across the country. Currently 25 mega parks are under various stages of implementation while 17 new suitable proposals from 11 states have been approved by the ministry, according to Harsimrat Kaur Badal, Union minister for food processing industries.
“Through this, government will create huge modern infrastructure for food processing sector and provide impetus to the growth of the sector. These 17 new mega parks are likely to attract more investments in this sector while generating employment and benefits to farmers,” stated Badal.
She added that the ministry would monitor closely so that the project is completed in time - 30 months.
“We want every state to have at least two-three mega food parks,” she remarked. With sanctioning of these parks, now 22 states in the country will have Mega Food Parks.
She added that the land acquisition problem will not arise in these projects as most of the sanctioned projects have land pool with them along with the CLU sanctioned. Further these projects were sanctioned under the revised guidelines wherein states were allowed to bid for the mega park.
Sanctioned projects -
1. Kerala State Industrial Development Corporation Ltd. in Alappuzha with project cost Rs 125 cr;
2. Andhra Pradesh Industrial Infrastructure Corporation Telangana Divi. Khammam. Rs 141.03 cr;
3. Haryana State Industrial and Infrastructure Corporation Ltd. in Sonipat. Rs 164.33 cr;
4. Odisha Industrial Infrastructure Corporation Ltd. Khurda. Rs 116.26 cr;
5. Punjab Agro Industries Corporation Ltd. Ludhiana. Rs 136 cr;
6. Andhra Pradesh Industrial Corporation Ltd. Krishna district. Rs 152.16 cr;
7. Adani Ports and Special Economic Zone Ltd. Kutch Gujarat. Rs 168.60 cr;
8. Jain Agro Trading Company Pvt. Ltd. Wardha Maharashtra. Rs 88.73 cr;
9. Ruchi Acroni Industries Ltd. Dewas Madhya Pradesh. Rs 150.37 cr;
10. 3F Industries Ltd. Krishnagiri, Tamil Nadu. Rs 127.78 cr;
11. Raaga Mayuri Agrovet Pvt. Ltd. Mehboobnagar, Telangana. Rs 112.05 cr;
12. Continental Warehousing Corporation. Panipat. Haryana. Rs 157.46 cr;
13. Mums Mega Food Park Pvt. Ltd. Buxar Bihar. 136.98cr;
14. NDR Infrastructure Pvt. Ltd. Thiruvallur Tamil Nadu. 187.33 cr;
15. Kerala Industrial infrastructure Development Corporation. Palakkad. Rs 121.92 cr;
16. Sukjhit Starch and Chemical Ltd. Kapurthala, Punjab. Rs 128 cr;
17. Vinay Tiwari Agro Estates and Farms Pvt. Ltd. Ahmednagar, Maharashtra. Rs 119.09 cr.
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