Prime Minister Narendra Modi today stated that India's investor friendly policies are taking the country's food sector to new heights. Inaugurating the second edition of ‘World Food India 2023’ in New Delhi, Mr Modi stressed that India's food diversity is a dividend for global investors. He said food security is one of the key challenges being faced by the world in the 21st Century. He highlighted that this is a golden opportunity for Start Ups and companies in the food sector and India has achieved remarkable growth in every sector of the food processing industry. Mr Modi went on to add that the demand for packaged food has increased significantly and this is creating opportunities for farmers, start-ups and entrepreneurs.
The Prime Minister noted that women in India have the natural ability to lead the food processing industry. He said women entrepreneurs, and Self Help Groups are being promoted at every level to aid women in the sector. The PM also emphasised that fusion of taste and technology will give birth to a new future
Mr Modi said the country's sustainable food culture has evolved over thousands of years and India's ancestors linked food habits to Ayurveda. He said the entire world will gain from India's wealth of food knowledge. He highlighted that International Millets Year is being celebrated this year and India has given millets the status of Shree Anna. He added that millets are a key component of India's 'superfood bucket 'and soon, these will reach all corners of the world.
The Prime Minister also stressed that mitigating food wastage is a significant endeavour in realising the objective of sustainable lifestyle. He said products should be designed to minimize wastage.
On the occasion, the Prime Minister disbursed Seed Capital Assistance for over one lakh Self Help Groups SHG members. This support will help SHGs to improve packaging and quality manufacturing and gain better price realisation in the market.
The Prime Minister also inaugurated Food Street, as part of World Food India 2023. It features regional cuisines and royal culinary heritage where over 200 chefs will participate and present traditional Indian cuisine.
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