Centre Govt plans 20 more mega food processing parks

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Category: Food Processing

Ministry of Food Processing is planning to set up 20 more mega food processing parks, atleast one in each state to provide fillip to food processing sector in each state. It has already approved 10 mega food parks in Andhra, Assam, Jharkhand, Tamil Nadu, Karnataka, UP, Uttarakhand and West Bengal. It has also recommended simplifying tax structure. According to Ernst & Young the sector is poised to grow at 30-40% over the next 10 years.

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