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Startups Will Play Crucial Role In Growth Of Food Processing Industry: Union Minister Pashupati Paras

He underscored "the pivotal role of startups in the food processing sector"

Minister of Food Processing Industries Pashupati Kumar Paras on Tuesday emphasised the significant role that startups play in fostering growth within the food processing sector. He further stated that the government is dedicated to empowering aspiring entrepreneurs in this field. The minister made these remarks during the inauguration of the "SUFALAM: Start-Up Forum for Aspiring Leaders and Mentors Startup Conclave 2024", as per an official statement.

He underscored "the pivotal role of startups in the food processing sector." Paras highlighted that events like these facilitate networking and knowledge exchange, in addition to assisting startups in accessing various government schemes.

He also stressed how the government is extremely committed towards nurturing the entrepreneurs in the country and working towards creating an enabling ecosystem for startups around the country.

"This initiative stands as a testament to the government's steadfast commitment to nurturing entrepreneurship and creating an enabling ecosystem for startups, thereby empowering aspiring entrepreneurs in the food processing domain,” he said.

Minister of State for Food Processing, Shobha Karandlaje, discussed essential aspects concerning the supply chain and the food processing sector. She highlighted the sector's potential in fulfilling the Prime Minister's vision of doubling farmers' income and positioning India prominently on the global stage through increased exports, innovation, and meeting global food demands.

The Food Processing Secretary Anita Praveen emphasised the significance of registering all micro-entrepreneurs, Self-Help Groups (SHGs), and MSMEs on the StartUp India Portal. She also explained the vast scope for processing and value addition of agricultural produce.

Additionally, she discussed the various schemes of the ministry aimed at supporting and guiding startups to ensure their success and contribute to realising the Prime Minister's vision of an Atmanirbhar Bharat (self-reliant India).

Minhaj Alam, Additional Secretary of the Food Processing Ministry, and Dr Harinder Singh Oberoi, Director of NIFTEM-K, were also present at the event. 

Also Read: Reliance Becomes First Indian Company To Hit Rs 20 Lakh Crore In Market Capitalisation

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