Ministry of Food Processing Industries Current Affairs
Prime Minister Narendra Modi has inaugurated World Food India 2017 (WFI) on 3rd November 2017 at the India Gate Lawns in New Delhi. The three day event was organized by Ministry of Food Processing Industries.
The theme of WFI 2017 is ‘Transforming the Food Economy’. Germany, Japan and Denmark are Partner Countries to World Food India.
World Food India 2017 (WFI)
The purpose of WFI 2017 is to transform food economy and realize vision of doubling of farmers’ income by establishing India as a preferred investment destination and sourcing hub for the global food processing industry.
This is first time India is hosting such an event for the Food processing sector. It is said to be biggest ever congregation of global investors, companies, business delegations and CEOs of major food companies, as well as CEOs of all leading domestic food processing companies, and representatives of 28 States in India.
More than 800 global companies representing 22 Countries & domestic companies will be exhibiting. Government aims to attract $10 billion investment in food processing sector and to generate 1 million jobs in the next 3 years in India.
WFI 2017 aims to provide platform to strengthen India’s position as Global Food Factory and is positive step towards making Country Food Secure. Special focus is given on Farmer Producer Organizations & Women Entrepreneurs to connect them to corporates for increasing opportunities for sourcing & business.