Question : INVESTMENT IN AGRICULTURE BASED INDUSTRIES



(a) whether the position of Agro based industries in India is competitive with world market;

(b) whether the developed countries have shown much interest towards making investment in Agro based industries in India;

(c) if so, the details thereof; and

(d) the details of Government`s reaction in this regard?

Answer given by the minister



THE MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF SMALL SCALE INDUSTRIES AND AGRO AND RURAL INDUSTRIES (SMT. VASUNDHARA RAJE)

(a): The agro based village industries in the Khadi and Village Industry (KVI) sector are yet to become competitive in the world market.

(b): The Khadi and Village Industries Commission has not received any such proposal of foreign investment.

(c) & (d): In view of (b) above, the question does not arise.