Entrepreneurship Industry News

Food processing sector gets 5,500 new entrepreneurs across 23 states.

Entrepreneurship Development Institute of India (EDII), an acknowledged national resource Institute for Entrepreneurship Education, Research, Training and Institution Building, has created 5,500 entrepreneurs in the food processing sector across 23 states. Through its Entrepreneurship Development Programmes (EDPs), on behalf of the Ministry of Food Processing Industries, EDII has trained over 11,000 individuals.

Out of these, half of them took the entrepreneurial plunge and in the last decade 5500 enterprises have come up in this sector with their own production units and have in turn generated employment for over 19,000 persons.

Maharashtra accounted for the largest number of enterprises with 600 having been set up in the last one decade, followed by Gujarat with 586, Jharkhand with 578, Bihar with 473 and Karnataka with 444 food processing units.

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Maharashtra accounted for the largest number of enterprises with 600 having been set up in the last one decade, followed by Gujarat with 586, Jharkhand with 578, Bihar with 473 and Karnataka with 444 food processing units.

Dr Sunil Shukla, Director of EDII said, “India is the world’s second largest producer of food and has the potential to acquire the number one status with sustained efforts. The growth of this industry will bring immense benefits to the economy, raising agricultural yields, enhancing productivity, creating employment, and raising life-standards of a large number of people across the country, especially in the rural areas.

Read More: Economic Times