Patna. For the food processing sector, an agreement of Rs 10305 crore was signed with 15 major industries from different districts. Patel Agri Industries Private Limited will invest the largest amount of Rs 5,230 crore, while Dev India Project and Spray Engineering Devices Limited are going to register their presence in this sector with an investment of Rs 1,600 crore and Rs 800 crore respectively. Varun Beverages Ltd 674.19 Crore, Chandrika Power Pvt Ltd 307.00 Crore, Golden Tulip Retail Pvt Ltd 300 Crore, Aro Sundaram International Pvt Ltd 250 Crore, MS Epic Agro Products Pvt Ltd 246.48 Crore, Anmol Industries 200 Crore, SBJ Foods Pvt Ltd 200 Crore, These include Westwell Biorefineries Private Limited Rs 150 crore, Sona Biscuits Limited Rs 147.24 crore, RS Infratech Limited Rs 100 crore, SCI India Limited Rs 100 crore and Goyal Industries Rs 90 crore.
Bihar is the most suitable destination for investment in food processing sector.
Development Commissioner Vivek Kumar Singh said that Bihar is the most suitable destination for investment in the food processing sector. For this he has mentioned five P’s. The first P is the policy made by the state government for the food processing sector. The government is providing many types of facilities and incentives for entrepreneurs. The second P is potential. There is scope for this sector in Bihar from seed production to final product. Describing the population of Bihar as the third P, he said that skilled and cheap human resources are available here. The Development Commissioner was addressing investors from the food processing sector in the second session of the first day of Bihar Business Connect 2023 at Gyan Bhawan on Wednesday. He said that due to the attractive policies of the Bihar government, there is a better opportunity for investment in the industry. Come here and invest because this is the most suitable opportunity.
Agricultural products of particular region of Bihar have their own importance: Sandeep Poundrik
Additional Chief Secretary of Industries Department, Sandeep Poundrick said that in recent times, Bihar has made a lot of progress in the food processing sector. Bihar got first place in the states category in World Food India 2023. The state has abundance of raw materials for food processing. The specialty here is that every region of Bihar has its own specialty of different types of agricultural products. While Makhana is cultivated in Darbhanga, Madhubani and Sitamarhi, maize is cultivated in Purnia, Khagaria and Katihar. Fruits and vegetables are grown in Nalanda. , Rohtas, Buxar and Kaimur of rice. Additional Chief Secretary said that Europe and America have now understood the importance of Makhana and its demand is continuously increasing there. There is also a lot of potential in the export of Makhana.
Investors can take benefit of Bihar Agricultural Investment Promotion Policy: Sanjay Aggarwal
Secretary from the Agriculture Department, Sanjay Aggarwal said that there is abundant raw material available for the food processing sector in Bihar. Due to the agricultural roadmap, Bihar has made rapid development in the field of agriculture. The production of paddy has increased three times. The yield of wheat and maize has now doubled. Bihar has continuously received Krishi Karman Awards. Bihar is number one in the country in the production of litchi, makhana and mushroom. Therefore, there is a favorable situation for investment in the food processing sector. The agricultural products here are organized in clusters, not scattered. It is very beneficial to start this venture. He said that along with food processing, Bihar also has an agricultural investment promotion policy, which investors can take advantage of. Secretary of the Agriculture Department said that the government is going to spend Rs 1.60 lakh crore in the five years of the Fourth Agriculture Roadmap.
Godrej is exploring the possibility of investment in food processing: Rakesh Swamy
Group President of Godrej Group, Rakesh Swamy said that there is a lot of potential for investment in the field of food processing in Bihar. The company has invested Rs 193 crore in Hajipur and will do so in future also. He said that there is a need to promote ease of doing business in the food processing sector. However, the state government is working in this direction. Shri Swamy said that 40% of the total agricultural produce gets spoiled due to lack of processing facilities and its value is around Rs 50 thousand crores. Bihar can increase its reach in the international market by processing products like makhana, mango and litchi. Is.
Today we became the country’s leading company by starting from Muzaffarpur.
Amit Saraogi, owner of Anmol Feeds, said that my industrial journey started from a poultry feeds factory in Muzaffarpur, Bihar. Now it has seven units. Bihar is the leading state in the country in providing subsidies and incentives to entrepreneurs. The facility it promises is also provided on time. I like Makhana as a snack, now I will tell people to use it too. Ahmed Mohammad Mubarak Nazim, Senior Economic Advisor of UAE, Ahmed Mohammad Mubarak Nazim invited the state government to Bihar Business Connect. Said that recently a trade agreement was signed between India and UAE, which has created a new environment for bilateral trade. UAE has imported Makhana worth 2 million dollars from India. I also like Makhana as a snack and it is becoming a popular food item in UAE.