The Government has conducted a survey to assess the feasibility of establishing Mega Park in Andhra Pradesh in the year 2007-08 which is essentially aimed a attracting entrepreneurs to invest in food processing sector by providing modern infrastructure. Andhra Pradesh has good potential for food processing industries based on the production of raw materials like fruits and vegetables, grains, oilseeds, poultry, fish etc. Based on the above survey, Chittoor district in the State has been identified as location for establishing one Mega Food Park. This Mega Food Park envisages to have an investment of about Rs.114 crore in common facilities and expected to leverage an investment about of Rs.218 crore in processing units. It is estimated that an annual turnover of about Rs.540 crore will be generated by the above Mega Food Park and will create approx. 45,000 employment opportunities (both direct and indirect).
This information was given by Shri Subodh Kant Sahai, Minister of State for Food Processing Industries in the Lok Sabha recently in response to a question by Shri L.Rajagopal.
VLK/ska
(Release ID :44273)