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Food PLI Scheme Attracts Rs 9,207 Cr Investment, Creates 3.29 Lakh Jobs

The Production-Linked Incentive Scheme for food processing has successfully attracted investments exceeding Rs 9,200 crore and created approximately 3.29 lakh jobs since its launch. With 128 approved companies covering 274 units, the scheme has significantly boosted processing capacity and modernized the industry. It has particularly driven a massive increase in sales of millet-based products, showcasing strong growth in a key nutritional segment. The initiative has also supported exports and seen strong participation from the MSME sector across 22 states.

Key Points: Food PLI Scheme: Rs 9,207 Cr Investment, 3.29 Lakh Jobs Created

  • Rs 9,207 crore investment attracted
  • 3.29 lakh jobs generated
  • 128 companies approved across 274 units
  • Millet product sales surge from Rs 346 cr to Rs 1,845 cr
2 min read

Food PLI scheme attracts Rs 9,207 crore investment, creates 3.29 lakh jobs

India's food processing PLI scheme has drawn Rs 9,207 crore in investment and generated 3.29 lakh jobs, boosting exports and millet products.

"Investment under the scheme has exceeded initial commitments, with cumulative investments reaching Rs 9,207 crore against a committed Rs 7,722 crore."

New Delhi, April 7

The Production-Linked Incentive Scheme for the food processing industry has attracted investments of Rs 9,207 crore and generated around 3.29 lakh jobs so far, the government said on Tuesday.

Launched by the Ministry of Food Processing Industries, the scheme is being implemented over six years from FY 2021-22 to FY 2026-27 with a total outlay of Rs 10,900 crore.

It aims to increase value addition, expand processing capacity and generate employment, particularly in rural and off-farm sectors.

The scheme covers key segments such as ready-to-cook and ready-to-eat (RTC/RTE) foods, processed fruits and vegetables, marine products and mozzarella cheese. It also supports innovative and organic products from MSMEs, along with branding and marketing initiatives to strengthen the global presence of Indian food products.

A total of 128 companies have been approved under the scheme, covering 274 units across the country, with strong participation from the MSME sector. As many as 68 MSME applicants and 40 contract manufacturing units are part of the programme.

The government said the scheme has led to significant capacity creation, technology upgradation and modernisation of food processing units across multiple states.

Investment under the scheme has exceeded initial commitments, with cumulative investments reaching Rs 9,207 crore against a committed Rs 7,722 crore across 22 states.

Moreover, around 34 lakh metric tonnes per annum of processing and preservation capacity has been added.

The government also stated that sales of PLI-supported products have grown at a compound annual growth rate (CAGR) of 10.58 per cent, while exports have registered a CAGR of 7.41 per cent despite global challenges.

Millet-based products have seen a sharp rise under the scheme, with sales increasing from Rs 345.73 crore in FY23 to Rs 1,845.25 crore in FY25. Procurement of millets has also surged significantly during the period.

- IANS

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Reader Comments

R
Rohit P
Good to see the numbers, but the real test is on the ground. Are these jobs permanent with decent wages? And is the tech upgradation actually reaching the small units? The scheme seems promising, but implementation details matter most.
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Aman W
Mozzarella cheese getting support? Interesting. But glad to see MSMEs and contract manufacturing getting a boost. This can really help local brands compete with big multinationals. More Indian snacks on global shelves! 🇮🇳
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Sarah B
Investing over 9,000 crore and creating 3.29 lakh jobs is a significant achievement. The growth in millet products is impressive. Hope this leads to more affordable, nutritious ready-to-eat options for urban families like mine.
K
Karthik V
Waah! Exports growing despite global challenges is the key takeaway. Strengthening 'Make in India' for food products is a smart move. Now we need to ensure quality standards are world-class so that 'Indian Food' becomes a trusted brand globally.
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Nisha Z
As someone from a small town, I hope this investment reaches beyond the major industrial clusters. Rural employment in off-farm sectors can change lives. The scheme's intent is good, but transparency in where these 274 units are located would be helpful.

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