Aim of the policy:
The State intends to be the most preferred destination for Food Processing Industry. The new Food Processing Policy aims to capitalize on the rich and diverse food production base of Andhra Pradesh to provide fillip to the sector.
Targets of the policy:
(a) Make Andhra Pradesh one of the most preferred destinations for food processing sector
(b) Attract new investments worth 5,000 crore by 2020.
(c) Create additional employment opportunity for 50,000 personnel by 2020.
Objectives of the policy:
a) Develop commodity-based clusters to enable a focused and planned approach to developing the food processing industry through a coordinated approach between government departments.
(b) Identify and bridge existing infrastructure gaps affecting the food processing industry.
(c) Promote innovation, research & development in the industry and ensure continuous technology up gradation.
(d) Undertake capacity building and enhance competitiveness of food processing industry in both domestic and international markets.
Major Features of the policy:
a) Ease of doing business.
b)Skill Development Initiatives.
c)Research and Development
d) Testing Labs
e)Inland Container Depot
f) Setting up of Mango Development Board and Banana Development Board
g) Infrastructure Support
h) Fiscal Incentives.