Some Initiatives to Boost Food Processing in India
1.) The ICICI – West Bengal Infrastructure Development Corporation Limited (ICICI WINFRA - IWIN in short) is a joint venture company between ICICI Bank Group (the second largest bank in India, second bank in Asia and first Indian Company to be listed in NYSE) and Government of West Bengal formed primarily with the objective of accelerating the development of Infrastructure. ICICI Bank Group holds 76% of the Company's equity while West Bengal Industrial Development Corporation (WBIDC) holds the balance 24% on behalf of the state government. The Company was incorporated in January 1995, but started significant operations from August 1997.
Further reading
This collaboration is working to boost the food processing sector in West Bengal by developing a number of food parks at Howrah, Malda, Sankrail, a tea park at Siliguri. It has also prepared comprehensive investor’s guide/ data document for attracting Food Processing industry to West Bengal. Contains details of existing production of fruits, vegetables, spices, milk, poultry,meat, etc, specifies West Bengal’s advantage and policy environment in West Bengal.
Further reading
2.) Pune, Till not too long ago Anita Khabia was another humble Pune housewife, renowned only amongst her friends' circle for her lip-smacking Kolhapuri Thecha, a traditional, fiery garlic chutney. Then one fine day Khabia put together a business plan, to package and sell the blistering paste, and sent it (the plan not the Thecha) to Pradeep Chordia, promoter of the 120-acre Chordia Food Park, 50 km from Pune in Maharashtra's Satara district. Khabia's company, Mona Enterprises, was soon on its way. The product, which has been on the market since early this year, is doing an average monthly turnover of Rs 6 lakh.
Chordia's model is as straightforward as it is unique: Entrepreneurs send him business plans, or alternatively he himself hand-picks budding businesspersons to execute proposals. The food park provides the infrastructure, which has been set up with an investment of Rs 16 crore, half of which came from the Chordia Group's internal resources. The entrepreneurs then sell their products to group company Chordia Foods, which markets them via its retail outlets. The plan is to have 15 such outlets in Pune shortly.
Further reading
3.) After I knew of the above mentioned initiatives in the states of West Bengal and Maharashtra, I was happy, but not surprised. Real surprise came to me when I read this file, food processing in Bihar. Being from the same state, I know of the potentials Bihar has in agri and food processing sector. With the retail boom around in India, Bihar might become a good place to invest for processing agri products. The Bihar government should follow on the foot steps of West Bengal by collaborating with some bank for investment in agri and food sector or may be how knows it all might take one Chordia to come to Bihar to provide the momentum the state needs.
Further reading
This collaboration is working to boost the food processing sector in West Bengal by developing a number of food parks at Howrah, Malda, Sankrail, a tea park at Siliguri. It has also prepared comprehensive investor’s guide/ data document for attracting Food Processing industry to West Bengal. Contains details of existing production of fruits, vegetables, spices, milk, poultry,meat, etc, specifies West Bengal’s advantage and policy environment in West Bengal.
Further reading
2.) Pune, Till not too long ago Anita Khabia was another humble Pune housewife, renowned only amongst her friends' circle for her lip-smacking Kolhapuri Thecha, a traditional, fiery garlic chutney. Then one fine day Khabia put together a business plan, to package and sell the blistering paste, and sent it (the plan not the Thecha) to Pradeep Chordia, promoter of the 120-acre Chordia Food Park, 50 km from Pune in Maharashtra's Satara district. Khabia's company, Mona Enterprises, was soon on its way. The product, which has been on the market since early this year, is doing an average monthly turnover of Rs 6 lakh.
Chordia's model is as straightforward as it is unique: Entrepreneurs send him business plans, or alternatively he himself hand-picks budding businesspersons to execute proposals. The food park provides the infrastructure, which has been set up with an investment of Rs 16 crore, half of which came from the Chordia Group's internal resources. The entrepreneurs then sell their products to group company Chordia Foods, which markets them via its retail outlets. The plan is to have 15 such outlets in Pune shortly.
Further reading
3.) After I knew of the above mentioned initiatives in the states of West Bengal and Maharashtra, I was happy, but not surprised. Real surprise came to me when I read this file, food processing in Bihar. Being from the same state, I know of the potentials Bihar has in agri and food processing sector. With the retail boom around in India, Bihar might become a good place to invest for processing agri products. The Bihar government should follow on the foot steps of West Bengal by collaborating with some bank for investment in agri and food sector or may be how knows it all might take one Chordia to come to Bihar to provide the momentum the state needs.
posted by Prabhat Kumar at
10:45 AM
1 Comments:
Good going man ! Keep up with these news and soon there will be a one about our company :-)
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