The Prime Minister Narendra Modi has inaugurated the second edition of ‘World Food India 2023’ at Bharat Mandapam in the National capital. During his inaugural address, Modi stressed that India’s food processing sector has emerged as a ‘Sunrise Industry’ and has attracted INR 50,000 crore in foreign direct investment (FDI)
During the event he also initiated the process of distribution of seed capital assistance of INR 380 crore to over 1 Lakh Self Help Group (SHG) Members, at the inauguration of ‘World Food India 2023’ in Delhi.
“Food diversity in India is a dividend for every global investor. Our sustainable food culture is a result of thousands of years of journey. Food is not just a big factor in shaping our physical health but also our mental health. Ayurveda talks about- a balanced diet, healthy food and eating according to the seasons,” PM Modi said.
World Food India 2023 aims to provide a networking and business platform for government bodies, farmers, entrepreneurs, industry professionals, and other stakeholders to establish partnerships, and explore investment opportunities in the agri-food sector.
The mega event will host 48 sessions aiming on numerous aspects of the food processing industry, with a full focus on financial empowerment, quality assurance and innovations in machinery and technology.
At the inauguration of ‘World Food India 2023’, Union Minister of Food Processing Industries, Pashupati Kumar Paras said, “Under the farsighted leadership of PM, the food processing sector is showing unprecedented trust…With his blessings, 80 crore people of the 140 crore population of the country are being provided free ration. You would have seen that earlier deaths due to starvation used to occur. But now, nobody dies of starvation…”
As per sources, the event will include a Reverse Buyer Seller Meet, bringing together more than 1,200 international buyers from across 80 countries. The Netherlands has been designated as the partner country for the event, while Japan will take center stage as the focal country.