Question : TURNOVER OF FPI



(a) whether the annual turnover of Food Processing Industries is presently averaging at Rs. 4500 crore;

(b) if so, the details thereof;

(c) the percentage of average annual increase recorded in the industry during the last three years; and

(d) the target for increase in the turnover of the industry in the next ten years?

Answer given by the minister


THE MINISTER OF STATE OF THE MINISTRY OF FOOD PROCESSING INDUSTRIES (SHRI SUBODH KANT SAHAI)

(a) to (d): As per the study conducted by the National Council of Applied Economic Research (NCAER), food processing industries had been growing at 5.8% per annum during the 9th Plan period. The growth rate is estimated at 71% during the 10th Plan. Since food processing industries are both in the organized and unorganized sectors, the information about annual turnover of food processing industries is not maintained centrally.