5,500 New Entrepreneurs Across 23 States for Food Processing Sector

5,500 entrepreneurs in the food processing sector across 23 states have been created by (EDII) Entrepreneurship Development Institute of India , an acknowledged national resource Institute for Entrepreneurship Education, Research, Training and Institution Building.

on behalf of the Ministry of Food Processing Industries, EDII has trained over 11,000 individuals through its Entrepreneurship Development Programmes (EDPs).

Almost 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.

Largest number of enterprises with 600 having been set up in the last one decade in Maharashtra, 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. Given the thrust of the Government of India on the food processing industry, it is imperative that new entrepreneurs are motivated and trained to take up the challenges of the emerging opportunities in the sector.”

Elaborating on the focus of EDII on new enterprise creation in food processing sector, Prof SB Sareen, Faculty & Head-Centre for SMEs & Business Development Services said,

“Since 2003-04, EDI has been actively involved in conducting Entrepreneurship Development Programmes (EDP) in various parts of the country –  to date around 450 EDPs were conducted across 23 states. Results of conducting these EDPs have been extremely encouraging as large numbers of EDP trained entrepreneurs have started their own businesses as well as production units.”

Food production in the country is expected to double in the next 10 years which is the reason for the enormous growth potential of this sector in the country. The consumption of value-added food products will also correspondingly grow.

India with arable land of 184 million hectares, produces 140 million tons of milk per year (highest in the world), 250 million tons of fruits & vegetables (second largest), 512 million livestock (largest), 257 million tons of food grain (third largest),9.58 million tons fish (third largest), 3.8 million tons of poultry meat a year (third largest) and 65,000 million eggs (second largest).

Source : http://economictimes.indiatimes.com/small-biz/entrepreneurship/food-processing-sector-gets-5500-new-entrepreneurs-across-23-states/articleshow/56064405.cms