Food processing sector attracts USD 385.45 million FDI till December FY 16

Q.  Food processing sector has received how much FDI till December in the current fiscal, according to Minister of State for Food Processing?
- Published on 07 Mar 16

a. USD 385.35 million
b. USD 385.45 million
c. USD 385.55 million
d. USD 385.66 million

ANSWER: USD 385.45 million
 
Food processing sector has received USD 385.45 million in FDI till December FY 2016 according to Minister of State for Food Processing Sadhvi Nirajan Jyoti. Total FDI in the previous fiscal stood at USD 515.86 million from April 2012 to December 2015. Government has also announced 100% FDI in marketing of food and products related to food produced and manufactured in India. 100% FDI will be allowed through the FIPB route leading to marketing of food products manufactured in India, benefiting farmers and generating employment.

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