Overview Food Processing

  • Suitable Agro-climatic conditions; Good Quality, Organic nature
  • Favourable basic as well as industrial infrastructure in-place like Mega Food Park, Food Processing Industrial Park etc.
  • Provision of additional subsidy under Tripura State Incentive Policy; North East Industrial Development scheme of Central Government etc.
  • Financial tie-ups through Self employment schemes like Prime Ministers’ Employment Generation Programme (PMEGP) and Swabalamban;
  • In addition to the Self employment schemes of the State Government, the Centrally Sponsored Schemes of Ministry of Food Processing Industries Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PM FME) are being implemented in the state for promotion of food processing sector.

Food Processing Opportunities:

Agricultural commodity  Processing Opportunity
Rice Integrated rice mill units for boiled, parboiled boiled, flake and puffed rice
Pineapple Juice, Tidbit slice, Jam, Concentrates, IQF, Fibre Marmalade, Cocktail syrup, preserved fresh, wax emulsion.
Jackfruits Dehydrated, Chips, Pulp in Syrup, Osmo- air dried and wax emulsion.
Banana Puree, Chips, Pulp, Concentrates, Banana Powder.
Oranges Juice, Jam, Concentrate, Marmalade, Fruits cocktail in syrup, preserved fresh

State Government Incentives:

  • Land Allotment at reasonable rate.
  • Assured Water and Power Supply
  • Common Effluent Treatment Plant
  • Marketing Assistance from Dept of I&C
  • Packaging Assistance from Indian Institute of Packaging
  • Skill Development in Tool Room at Bodhjungnagar

State Govt Subsidies :

  • Capital Investment Subsidy (@40%, max : Rs. 70 lakhs),
  • Industrial Promotion Subsidy (max : Rs. 1.0 cr.),
  • Reimbursement of Power Charges (@25%, max : Rs. 20 lakhs),
  • Reimbursement of Interest on Working Capital Loans (@5%, max : Rs. 10 lakhs per Enterprise)
  • Procurement Preference (20%),
  • Export Promotion Subsidy (@ 10% on value of export, maximum Rs. 20 lakhs per annum.
  • State Transport Subsidy (@10% on transportation of finished goods by rail)
  • Subsidy for participation in fares etc.
  • Special Incentive for Industries continuing beyond 5 years.

Central Government Incentives:

Uttar Poorva Transformative Industrialization Scheme (UNNATI),2014

  • Capital Investment Incentive (CII) : 
                o    Zone -A - @30% of the eligible investment made in plant and machinery (for the manufacturing sector) with a maximum limit of Rs. 5.00 crore.
                o    Zone-B - @50% of the eligible investment made in plant and machinery (for the manufacturing sector) with a maximum limit of Rs. 7.5 crore.
  • Capital Interest Subvention (CIS): Interest on loan up to the principal amount of Rs. 250 crore for investment in eligible plant and machinery (manufacturing sector) or Building and all other durable physical assets (for service sector)

 

Prime Minister Formalisation of Micro Food Processing Enterprises (PM FME)

  • Launched under ATMANIRBHAR BHARAT ABHIYAN
  • Period : From 2020-21 to 2024-25 (Five Years)
  • Centrally Sponsored Scheme with 90:10 sharing basis
  • 2,00,000 micro food processing industries to be supported with credit linked subsidy
  • @35% of eligible project cost with  max. Rs. 10.0 lakhs; 10% Promoter’s contribution; balance from Banks
  • One District One Product approach
  • Existing/New Individual units/SHGs are eligible.