11 May, 2018
Chandrababu Naidu, Chief Minister of Andra Pradesh voiced his thought that the food processing industry must be developed in such a way that it becomes an employment provider too, in addition to contributing towards state’s economic growth. For this every department needs to take a universal approach to prosperity. Food processing in India is growing at only 10% and there is urgent need to aim for 25 %.
Naidu stressed that it is important to ideate whether you want a new food park, processing plant, or want to bring out new incentives. Keep working on it and then only It would result in a great value addition. We need to develop a smart ecosystem for this and develop this industry in such a way where food processing industry is not just a growth factor but also an employment provider.
Andhra Pradesh Food Processing Society (APFPS), in collaboration with Indian Institute of Food Processing Technology (IIFPT), was setting up a technology cum business centre.
Additionally, the micro small and medium enterprises (MSMEs) made a contribution of 80% towards employment and contributed 34% towards gross state domestic product (GSDP). The Chief Minister was also briefed about the major business development needs of the MSMEs, which primarily were – credit, turnover, exports, quality, certification and e-commerce.