Food processing machinery industry growing rapidly
date:Sep 04, 2012
re than 70 per cent of the output in terms of quantity and 50 per cent in terms of value.

MoFPI is planning to set up an exclusive food park powered by French technology that would help Indian companies maintain quality at par with international standards. The ministry has made a strong recommendation to the government to grant tax concession as well as consider cut in VAT and custom duties on food products, raw materials and machinery.

Recently France and the Netherlands have promised to inve
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