Govt to set up mega food parks under Sagarmala project
05/08/2016 09:58
The Indian Government has said that it is setting up two mega food parks at a cost of Rs 324 crore in Andhra Pradesh and Maharashtra under its ambitious Sagarmala project. Commenting on the issue, Ministry of Shipping Official told the media, "As part of the Sagarmala Programme of the Ministry of Shipping, two mega food parks projects are being implemented in Kakinada, Andhra Pradesh and southern Maharashtra by the Ministry of Food Processing." “The projects are strategically situated in CEZs (Coastal Economic Zone) with proximity to ports and will give boost to the EXIM trade for food processing sector. The Andhra Pradesh Industrial Infrastructure Corporation mega food park at Krishna with its proximity to Visakhapatnam and Kakinada port will draw its synergies from Vizag-Chennai Industrial Corridor (VCIC) in North Andhra Pradesh,” he added. As per reports, the proximity to various ports for these industrial clusters and CEZs will provide necessary infrastructural facilities and connectivity to the hinterland, thus ensuring reduction in logistic costs.
05/08/2016 09:58
