42 food parks for agriculture exports, India is set to uncover its potential to emerge as the food factory of the world — Ravichandran Purushothaman, President, Danfoss India

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New Delhi, Febrauary 03, 2018: “Through the government’s efforts to double farmer incomes by 2020, through initiatives such as setting up of an agricultural market fund of Rs. 2000 crores, doubling the budget allocation for the food processing sector from Rs. 750 crores to Rs. 1500 crores and the upcoming 42 food parks for agriculture exports, India is set to uncover its potential to emerge as the food factory of the world.

This development-oriented budget’s focus towards strengthening India’s infrastructure sector through the expansion of highways, railways, metros and airports are set to re-write India’s growth story.

With the projected growth rate of 7.4% p.a in the coming year, India can look forward to furthering its development across all sectors but the key growth outcomes will depend on how states execute the new projects on ground.”

Corporate Comm India(CCI Newswire)