Seminar on FDI in food retail cum investors’ meet in city

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SHILLONG: The All India Food Processors’ Association (AIFPA), in association with North Eastern Regional Agricultural Marketing Corporation Limited (NERAMAC), will organise national seminars on ‘Emerging Opportunities in Food Processing and Foreign Direct Investment in Food Retail’ and ‘Food Processing Investors’ Meet’ on February 16 and 17, respectively, at Hotel Pinewood.
Pankaj Kumar Prasad, managing director of NERAMAC, said, “NERAMAC works across the region and has deep understanding of the area and its problems.  The food processing investors’ meet is being organised keeping in mind the emerging opportunities.”
Kumar said the meet would help educate small, medium and even large-scale entrepreneurs to work towards something bigger.
AIFPA president S. Jindal said availability of variety of agricultural raw materials in Meghalaya and government permit of 100 per cent FDI in food retail have opened up opportunities for entrepreneurs to set up food processing units and invest in projects based on exotic horticulture produce, aromatic and medicinal plants and culinary herbs, tea, cashew and mushroom, besides farming and processing of pig, poultry and fresh water fish.
He also stressed on production of ethnic food from organic horticulture to meet the existing demand in the country.

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