NEW DELHI: Highlighting the healthy investment opportunities India offers, Agriculture Minister Radha Mohan Singh on Saturday called upon investors, both global and Indian, to leverage opportunities in the country’s farm, dairy, poultry and fisheries sectors. “...the world is eager to study and adapt our growth strategy and the government is implementing various schemes to promote these sectors in order to double farmers’ income by 2022,” said Singh at the World Food India 2017 event here.
He added that the country has moved ahead from facing food shortages to becoming a food exporter. Singh also pointed out that investment opportunities abound in the country, with India ranked as the world’s largest milk producer, second largest fruits and vegetable producer, third in the production of fish and fifth in egg production. Singh also pointed out that under the Integrated Development of Horticulture (MIDH) scheme 4,392 cold storages of 19.47 million metric tonnes capacity, 20,710 farm pack houses, 408 ripening chambers, 4,414 primary processing units, and 101 precooling units have been set up as on March 31, 2017.
The government, meanwhile, is looking at setting up cold chain in ports and harbours to facilitate fish exports, pointed out Secretary of the department of Animal Husbandry Devendra Chaudhry, adding that steps are being taken to boost breeding and artificial insemination techniques which would produce better milk, egg and meat yields. The government has also allowed 100 per cent foreign direct investment in food processing.