Global Trade Alert
Global Trade Alert

India: Production linked incentive scheme announced for the food processing industry

Announcement

09 Apr 2021

India has announced an incentive scheme for the food processing industry.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Apr 2021

Revocation date:

31 Mar 2027

Updated: 09 Apr 2021
Local content incentive In force

On 9 April 2021, the Government of India approved an INR 10,900 crore (~ USD 1.46 billion)incentive scheme for Food Processing Industries. The scheme provides a production subsidy on sale...

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Updated: 09 Apr 2021
Other export incentive In force

On 9 April 2021, the Government of India approved a scheme for providing incentives to the food processing industry. Out of the total budget of the scheme, INR 1500 crore (~ USD 200.7 million)* has...

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Updated: 09 Apr 2021
Production subsidy In force

On 9 April 2021, the Indian government approved production incentives worth INR 9040 crore (~ USD 1.21 billion) for manufacturing certain food products. The incentives are part of the&nbs...

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