With cereals, pulses and different perishable meals merchandise contributing Rs 55,000 crore to the State’s economic system, Odisha holds important scope for meals processing industries.
This has come to fore in a gathering organised for tapping funding in meals processing sector within the State. Odisha Funding and Export Promotion Workplace (OIEPO) chief Sanjeeb Kumar Mishra chaired the assembly, which was attended by buyers, high officers of the State Authorities and the FICCI.
Principal Secretary MSME Satyabrat Sahu, Principal Secretary Industries Hemant Sharma, Managing Director IPICOL Nitin B Jawale, Director of Industries Md Sadique Alam, Co-Chair FICCI Meals Processing Committee Mohit Anand and others joined the webinar.
Sahu mentioned there’s a important scope for progress, capability growth and worth addition in meals processing sector. Offering an perception to the meals sector, he mentioned estimates point out that cereals and pulses contribute Rs 15,000 crore to the State economic system, whereas perishable meals merchandise contribute one other Rs 40,000 crore. Solely round 10 per cent of perishables are processed with a worth addition of round 20 per cent. Trying on the large scope for meals processing sector, the Odisha Authorities has undertaken strategic initiatives to accentuate the economic promotion and funding facilitation by means of a number of coverage frameworks, mentioned Sahu. The coverage help is offering new path to the continuing industrial course of by offering infrastructural, institutional and financial help to meals processing sector, identified Sahu.
The Prime Minister Formalization of Micro Meals Processing Enterprises (PMFME), a centrally sponsored scheme launched by the Ministry of Meals Processing Industries, companions with States for offering monetary, technical and enterprise help for up-gradation of current micro meals processing enterprises, self-help teams (SHG) and meals producers’ group in addition to cooperatives.
The PMFME is to boost the competitiveness of current particular person micro enterprises within the unorganised section of the meals processing business and promote formalisation of the sector, mentioned Sahu.
He mentioned the Odisha Authorities has adopted One District One Product (ODOP) method to reap good thing about scale when it comes to procurement of inputs, availing widespread providers and advertising and marketing the merchandise. New items for particular person enterprises would solely be supported by the ODOP merchandise, mentioned an official.
Principal Secretary Industries Hemant Sharma gave particulars on the assorted coverage frameworks reminiscent of Industrial Coverage Decision-2015, MSME Improvement Coverage-2016, Odisha Meals Processing Coverage-2016, that are extending help for the buyers.
IPICOL MD Nitin B Jawale offered the economic surroundings within the State, which is attracting large investments, even throughout Covid-19 pandemic. Deputy Secretary Basic FICCI Arun Chawla offered the vote of thanks.