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Modi Invites Global Food Investment at World Food India 2025, Announces GST Cut for Biodegradable Packaging

Fresh credit for micro units signals a drive to convert broad interest into greater capacity, higher exports.

Overview

  • World Food India 2025 opened in New Delhi with more than 1,700 exhibitors and participation from over 90 countries, according to organisers.
  • Modi invited global companies to invest, citing India's 'diversity, demand and scale,' 100% FDI and PLI-backed mega food parks, and reported 10-year gains in capacity and exports.
  • The government reduced GST on biodegradable packaging to 5% from 18%, and the Prime Minister urged industry to shift to environment-friendly options.
  • Officials announced credit-linked support of over Rs 770 crore for about 26,000 micro projects under the PMFME scheme, tied to total project costs of roughly Rs 2,510 crore.
  • Modi met Russia’s Deputy Prime Minister Dmitry Patrushev to discuss deeper cooperation in agriculture, fertilisers and food processing.