1 hr ago

Andhra Pradesh Builds Food Processing Corridor, Targets 2.31 Lakh Jobs

Andhra Pradesh is trying to build more factories that turn farm products into packaged food.

The state says this could bring investments and create many jobs.

Its plan includes large projects, smaller businesses and food parks.

Companies such as ITC, Reliance Consumers and Mother Dairy are among the named participants.

The state is also supporting small food businesses and women’s cooperatives.

Some processing centres for tomatoes and other crops are already operating or being built.

Researchers and businesses are working together on products such as mangoes, coffee, cocoa and millets.

One local chocolate brand has reached stores in London and Paris, according to the article.

Andhra Pradesh hopes to attract Rs 14,105 crore more and create 2.31 lakh jobs over the next three years.

Key facts

Policy: Food Processing Policy 4.0 covers 2024-29; investments above Rs 200 crore qualify as mega projects eligible for customized incentives.
Reported investment and jobs: The article cites Rs 16,502 crore in investment and 66,826 jobs.
Project pipeline: The article lists 28 approved mega projects, 30 Partnership Summit 2025 MoUs and 1,478 MSME and large projects under construction.
Three-year target: Rs 14,105 crore in fresh investment and 2.31 lakh jobs.
Food parks: APIIC is developing 10 MSME Food Parks and three 200-acre Food Parks in Kakinada, Vizianagaram and Anakapalli.
Micro-enterprise support: Under PMFME, 4,344 micro units were formalized, with Rs 275 crore in cumulative investment and Rs 80 crore in subsidies disbursed.
Reported numerical discrepancy: The separately listed project tiers total Rs 24,165 crore and about 95,956 jobs, exceeding the article’s headline figures of Rs 16,502 crore and 66,826 jobs; the article does not explain the difference.

thehansindia.com · 1 hr ago