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Food processing in Odisha to grow by 10 percent in 2017

Mon, 03rd Aug 2015 (Source:The Hindu )

An analysis, conducted by the State government following the discontinuance of National Mission on Food Processing (NMFP) from April 1 this year, says that given the potential of the State, augmenting the growth of food processing from 0.7 per cent to 10 per cent by 2017 and 25 per cent by 2025 is possible.

The total agricultural crop production in Odisha has nearly doubled from 46.32 lakh metric tonne in 2002-03 to 87.47 lakh MT in 2009-10. Food production has witnessed an upward trend in production since 2002-03 at 35.55 lakh MT to reach 75.51 lakh MT in 2009-10.

“There is a need to diversify the sector by fully harnessing its potentialities, providing greater incentives as well as creating conducive environment for more investments and exports,” according to the analysis.

According to a government estimate, as of 2013-14, Odisha had approximately 27,284 enterprises engaged in the food and allied sectors generating over 1.47 lakh employment opportunities with an investment of more than Rs. 1,557.86 crore.

 

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