- According to official data, foreign direct investment (FDI) in India’s food processing sector declined by 30% to Rs 5,037.06 crore last fiscal.
- FDI in the food processing sector stood at ₹7,194.13 crore in 2022–23.
- According to data presented in the Lok Sabha by the Ministry of Food Processing Industries, FDI in the food processing sector stood at ₹5,290.27 crore in 2021-22 and ₹2934.12 crore in 2020-21.
Foreign Direct Investment (FDI) in India’s food processing sector for the fiscal years 2015-16 to 2023-24
- To enhance foreign investment in the food processing sector, the Ministry has taken various measures, including allowing 100% FDI through automatic routes for food processing sector subject to sectoral regulations.
- The government has exempted all processed food items from the purview of licensing under the Industries (Development and Regulation) Act, 1951.
- For the development of this sector, the ministry is implementing the Pradhan Mantri Kisan SAMPADA Yojana (PMKSY), Production Linked Incentive Scheme for Food Processing Industry (PLISFPI), and Prime Minister Formalization of Micro Food Processing Enterprises (PMFME) schemes..
| Fiscal Year | FDI (₹ Crore) |
| 2023-24 | 5,037.06 |
| 2022-23 | 7,194.13 |
| 2021-22 | 5,290.27 |
| 2020-21 | 2,934.12 |
| 2019-20 | 6,414.67 |
| 2018-19 | 4,430.44 |
| 2017-18 | 5,835.62 |
| 2016-17 | 4,865.85 |
| 2015-16 | 3,312 |