India has attracted investment commitments of about $10 billion in the food processing sector ahead of the mega ‘World Food’ event to be held here in November, Union Minister Harsimrat Kaur Badal said on Monday.
More investment is likely to be committed by the end of the event, said the Minister of Food Processing. The event will see participation of 30 countries and more than 50 global CEOs along with CEOs of leading domestic food processing firms and 27 States, she added.
“We had kept a target of $10 billion investment. I am happy to share we have already achieved the target. More investment is likely to flow as we still have 2-3 weeks for the event,” Ms. Badal said at the curtain raiser of the three-day event set to begin from November 3. She declined to share the names of the companies which have committed to make the investments.
