Opportunity to Invest in Food Processing Sector and Avail Maximum Grant-in-aid of Rs. 10.00 Crores.
Opportunity to Invest in Food Processing Sector and Avail Maximum Grant-in-aid of Rs. 10.00 Crores.
(खाद्य प्रसंस्करण क्षेत्र में निवेश का अवसर और 10.00 करोड़ रुपये की अधिकतम अनुदान सहायता)
Hello Businessman/Investor,
Ministry of Food Processing Industries of Govt of India has invited the “Expression of Interest” for Set Up “Integrated Cold Chain Project and Value Addition Infrastructure”.
भारत सरकार के खाद्य प्रसंस्करण उद्योग मंत्रालय ने “इंटीग्रेटेड कोल्ड चेन प्रोजेक्ट और वैल्यू एडिशन इन्फ्रास्ट्रक्चर” सेट अप के लिए “एक्सप्रेशन ऑफ़ इंटरेस्ट” आमंत्रित किया है।
The last date of submission of Application for Expression of Interest (EoI) is 19th February 2021 up to 5:00 P.M.
Application Fees is Rs. 10,000/- (Not Refundable)
Security Amount is Rs. 1,00,000/- (Refundable) (Not Applicable for SC/ST Applicants)
1. Who Can Apply:
Partnership/ Proprietorship Firms, Companies, Corporations, Cooperatives Society, Self Help Groups (SHGs), Farmer Producer Organizations (FPOs) and NGOs.
2. Business Activities Covered:
- Integrated Pack-house (with mechanized sorting & grading line/ packing line/ waxing line/staging cold rooms, etc.)
- Ripening Chambers
- Cold Storage Units
- Controlled Atmosphere (CA) storage
- Frozen Storage/Deep freezers
- IQF line, Tunnel Freezer, Spiral Freezer, Blast Freezer, Plate Freezer
- Vacuum Freeze Drying
- Milk Chilling / Bulk Milk Cooling/ Automatic Milk Collection Unit/ Milk Processing Unit
- Poultry/Meat/Marine/Fishery Processing Unit
- Packaging line for chilled /frozen/temperature controlled products
- Food Irradiation unit
- Refrigerated/ Insulated transport
- Pre Cooling Unit(s)
- Mobile pre-coolers
- Retail refrigerated carts, temperature controlled solar powered retail carts
- Reefer boats (maximum 10 numbers to be assisted per project)
- Refrigerated Containers including multi-modal container units
- Renewable/ alternate energy technologies (solar, bio-mass, wind etc.) for the project.
- In-house product testing laboratory
3. Pattern of Financial Assistance:
| Sr. no. | Activities | Grant (General Area) | Grant(North East Area/SC/ST/Himalayan States) |
| (i) | For Storage Infrastructure | 35% | 50% |
| (ii) | For Value Addition and Processing Infrastructure | 50% | 75% |
| (iii) | For Irradiation Facilities | 50% | 75% |
4. Maximum Grant-in-aid:
The Maximum Grant-in-aid would be Rs. 10.00 Crore Per Project and will be provided on Cost of Technical Civil Work and Eligible Plant and Machinery.
5. Basic Eligibility Criteria:
- The Net worth of Applicant should be at least 1.5 times of the Grant Applied for.
- Bank Loan Sanction Letter along with Appraisal Note.
- Minimum Investment of Applicant should be at least 20% of Total Project Cost.
- One Applicant can apply for one application.
- Expansion/upgradation of existing units in the same premises will not be entertained.
In case if you are interested in above said business then You may submit your response at:
For more details and filling of EoI along with required documents, contact us at:
Jitender Kumar (90171-51780)
KIP Financial Consultancy Pvt. Ltd.
DSB – 38, KIP Complex, Red Square Market, Hisar – 125001 (HR)