The document discusses government initiatives to encourage food startups in India. It notes that the Indian food industry is the sixth largest in the world and retail startups contribute about 70% of total food sales. The government is promoting transparency in agricultural procurement through a national e-mandi, allowing 100% FDI in food product e-commerce and marketing, setting up a $1.2 billion dairy processing fund, and providing various central and state incentives for supply chain infrastructure.
The document discusses government initiatives to encourage food startups in India. It notes that the Indian food industry is the sixth largest in the world and retail startups contribute about 70% of total food sales. The government is promoting transparency in agricultural procurement through a national e-mandi, allowing 100% FDI in food product e-commerce and marketing, setting up a $1.2 billion dairy processing fund, and providing various central and state incentives for supply chain infrastructure.
The document discusses government initiatives to encourage food startups in India. It notes that the Indian food industry is the sixth largest in the world and retail startups contribute about 70% of total food sales. The government is promoting transparency in agricultural procurement through a national e-mandi, allowing 100% FDI in food product e-commerce and marketing, setting up a $1.2 billion dairy processing fund, and providing various central and state incentives for supply chain infrastructure.