Overview
- At the India Food Manufacturing Summit in Visakhapatnam, Chief Minister N. Chandrababu Naidu said processing must rise from roughly 12% to as high as 70% to cut waste and raise farmer incomes.
- He announced a five-year goal to mobilize ₹30,000 crore in investment and create 3 lakh jobs, inviting immediate investor commitments.
- A.P. Food Processing Policy‑4.0 promises investment and power subsidies along with expedited approvals through a single-window system.
- Officials highlighted a base of about 6,000 processing units, nine integrated food parks, and strengths including 15.6% of India’s fruit output and around 32% of marine seafood exports.
- Naidu cited work with Bill Gates on agri‑tech and welcomed TPCI’s Southern Regional Office in Amaravati, while flagging tariff pressures on exports and urging diversification of markets.