PHD Chamber asks Punjab to leapfrog food processing sector

THE ECONOMIC TIMES

23rd May 2017

CHANDIGARH: Focus on agri-business including food processing and dairy farming, growth and ease of doing business of MSMEs, re-fueling the housing and construction sector, expansion of services sector with creation of State based insurance companies would push the growth of GSDP to more than 10% and create 2 million new direct and indirect employment opportunities in the three to five years, said Mr. Gopal Jiwarajka, President, PHD Chamber of Commerce and Industry in Chandigarh.

The road map for the new government in Punjab has suggested to leapfrog the food processing sector especially the wheat and rice processing and to increase its presence in the US$71 billion global imports.

"Total exports from India in these products are estimated at US $ 581 million in 2016. Food processing industry holds considerable opportunities for growth and attracting investments (domestic and foreign) and to create 3 lakh direct and indirect new employment opportunities. The state has immense potential to attract investments in the growth promising areas such as textiles, steel, agriculture, agribusiness and food processing, dairy farming, fertilizers, electronics, sports goods, solar energ ..

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CHANDIGARH: Focus on agri-business including food processing and dairy farming, growth and ease of doing business of MSMEs, re-fueling the housing and construction sector, expansion of services sector with creation of State based insurance companies would push the growth of GSDP to more than 10% and create 2 million new direct and indirect employment opportunities in the three to five years, said Mr. Gopal Jiwarajka, President, PHD Chamber of Commerce and Industry in Chandigarh.

The ..
CHANDIGARH: Focus on agri-business including food processing and dairy farming, growth and ease of doing business of MSMEs, re-fueling the housing and construction sector, expansion of services sector with creation of State based insurance companies would push the growth of GSDP to more than 10% and create 2 million new direct and indirect employment opportunities in the three to five years, said Mr. Gopal Jiwarajka, President, PHD Chamber of Commerce and Industry in Chandigarh.

The ..