- The government has allowed 100% Foreign Direct Investment in marketing of food products and dedicated E-commerce ventures under the automatic route.
- Nestle India has planned to set up its ninth factory in Gujarat with an investment of US$ 100.16 million.
- US$ 1.19 billion will be dedicated towards ethanol production in the country.
- Indian startups are doing disruptive innovation in the agriculture landscape in the country by creating complete technological solutions to meet the needs and aspirations of the Indian farmers.
- National Fertilizers Limited, the oldest and the largest fertilizer manufacturer in the country produced and sold more than 1.5 million units by March 2020.
- According to the 11th 5 year plan, there is a potential for expansion of storage capacity by 35 million tons. The investment opportunities in the Food Storage facilities look very promising for both private and foreign investors.
India is expected to double its farm income by the year 2022. The momentum generated by the agriculture sector in India can be expected to grow over the next few years owing to increased investment in infrastructure such as irrigation facilities, warehousing and cold storage.
India’s agriculture sector with its vast resource base, strong forward and backward linkages, a high priority accorded to the sector and a progressive legislation in the offing stands at the cusp of a transformation that could mobilize the resources of one of the largest agricultural land masses on earth.