AP to have first food supply chain in India

By Staff
|
Google Oneindia News

New Delhi, July 13: Andhra Pradesh may soon have the first farm to market food supply chain in the country involving an investment of Rs 5000 crore in a year.

''The food chain project is very promising and we will render all our co-operation for it,'' Andhra Pradesh Chief Minister Rajshekhar Reddy told reporters at a breakfast meeting with industry leaders here today.

''We are working in close co-ordination with the Andhra Pradesh Government on this project. Many states are in line for this farm to market supply chain also called cold chain project but with the response of the Chief Minister today it seems that Andhra Pradesh will be the first to get it,'' said Federetaion of Indian Chamber of Commerce and Industry Secretary General Dr Amit Mitra.

He also said that the investment on food supply chain would involve investment of Rs 20,000 crore all over the country of which Andhra Pradesh is likely to rope in Rs 5000 crore.

''The state holds the first position in vegetable production and food procesing among states, and the second position in horticulture production and this opportunity could be exploited well by investors,'' said APinvest CEO C S Rao.

Meanwhile Dr Mitra appreciated the steps taken by the government to improve the fortunes of the farming sector in a state that is known for the highest rate of farmers suicides. He said that the food supply chain project will help the farmers in a large way.

The Chief Minister pointed out that the one-sided approach of the previous government of developing the IT sector only had led to a fall in the fortunes of the farmers and his government was trying to develop the other sectors at pace with development of IT.

In line with this, the government is also considering establishing a mega food processing park along with ASSOCHAM.

UNI

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