MEGA FOOD PARK

Sept. 8, 2019

Union Minister of Food Processing Industries Harsimrat Badal inaugurated the First Mega Food Park of Telangana in Lakkampally at Village Lakkampally, Nandipet Mandal of Nizamabad District.

About:

  • Objective: To give a major boost to the food processing sector by adding value and reducing food wastage at each stage of the supply chain with particular focus on perishables.

  • Parent ministry of scheme: Ministry of Food Processing Industries.

  • Implementing agencies:
    • The Mega Food Park project is implemented by a Special Purpose Vehicle (SPV) which is a Body Corporate registered under the Companies Act.

    • However, State Government, State Government entities and Cooperatives are not required to form a separate SPV for implementation of Mega Food Park project.



  • Funding: Under the Scheme, Government of India provides financial assistance upto Rs. 50 Crore per Mega Food Park project.

  • Cluster approach: The Mega Food Park Scheme is based on “Cluster” approach and envisages creation of state of art support infrastructure in a well-defined agri / horticultural zone for setting up of modern food processing units along with well-established supply chain.

Source : The Hindu

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