Saturday, February 23, 2008

$150 Million Invested in Indian Farming

"New Delhi, Feb 23 (IANS) Organic farming in India is set to get a major boost with investments of over $150 million coming into the sector, Food Processing Industries Minister Subodh Kant Sahai has said. “There is a plan to develop organic farming in India with investments going up to 100 million euros in 23 states with partial support from the government,” Sahai said at the Indian pavilion at Biofach 2008, the event that highlights immense potential in the organic food sector, in Germany.

Sahai said his ministry was also seriously considering the proposal from the industry to set up organic food parks in the country along with streamlining the agro-infrastructure with modernised facilities like cold chains."

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