Food Processing
PLI scheme for Food processing industries supports the creation of global food manufacturing champions and Indian brands of value-added food products
There are four major product segments that are eligible under this PLI scheme
Incentives
The rate of incentives on incremental sales varies between 4–10% for specified categories under the scheme
Implementing Agency
The PLI scheme will be implemented by the Ministry of Food Processing Industries (MoFPI)
Outlay and Period
~₹ 10,900 cr. for 6 years
Last Date: 17th June 2021
Key Aspects of the scheme
Categories included in the scheme
The rate of incentives on incremental sales varies between 8–10% for the RTC/ RTE and Processed F&V segment, 4-10% for Mozzarella cheese and 4-6% for Marine products.
Eligible investments
- Greenfield project
- Expansion of the existing manufacturing unit
Eligible Applicants
Proprietary Firm or Partnership Firm or Limited Liability Partnership or a company registered in India 2) Co-operatives, including Marketing Federation or Apex level co-operatives applying on behalf of Member Unions or Member co-operatives 3) SME as defined under MSME Act, 2006
Eligibility criterion
Category 1
| Segment | Min. Sales (19-20) (₹ bn) | Min. Investment (₹ bn) |
|---|---|---|
| RTE/ RTC | 5 | 1 |
| Processed F&V | 2.5 | 0.5 |
| Marine Products | 6 | 0.75 |
| Mozzarella Cheese | 1.5 | 0.1 (MTPD Plant – INR 0.23bn) |
Category 2: Organic / Innovative SMEs in all 4 segments
Achieved minimum sales of INR 10 mn during base year (19-20) for each of the innovative/ organic products proposed to be incentivised
Category 3: For branding and marketing abroad
Only Indian brands are covered for selling food products completely manufactured in India
