date:Aug 28, 2012
me, in terms of at least 3 independent entities (initially it was 5 entities), discouraged large food processors. It has been suggested that any business entity, proposing to invest around Rs 50 crore (through equity/debt) in such projects, would not like to be constrained by conditions such as inclusion of at least 2 more equity partners in SPV.
It has also been seen that many projects under implementation have suffered due to lack of trust and coordination among various equity holders. In som