Now Food Processing Industry can avail 35% Subsidy

09 Apr
Food Processing Industry

Now Food Processing Industry can avail 35% Subsidy

“Now Food processing industry can avail up to Rs. 5.00 Crore as subsidy from Central Govt.”

Stop if you are going to set up a new food processing unit or expanding old unit without considering the benefits of subsidy because The entire food processing sector is now eligible for this scheme, e.g.: Fruits, vegetable, milk, meat, poultry, ready to eat items, grain, pulses and honey processing etc.

The pattern of assistance will be 35% of the total project cost in general areas or 50% of total project cost if the project is situated in the northeast areas, Himalayan states, Islands and other notified areas. The amount of assistance will be subject to a maximum of Rs. 5.00 Crore. 

The last date of submission of the proposal to the ministry is 15/06/2018.

For further inquiry please contact us.