It is a good news for the country,” said Ms Badal.76 billion in FDI equity inflows from 2010-11 to 2015-16. $5..It is in line with Modi government vision to double farmers income by 2022 by boosting farming and allied activities.76 billion in FDI equity inflows was received by the food processing sector from 2010-11 to 2015-16.Though FDI in multi-brand retail was allowed in India during  UPA II regime, BJP government is against it so no foreign investor has applied for it since the Modi government has come to power.

Amazon has decided to invest close to $500 million in the food retail sector.Grofers, Big Basket have also submitted FDI proposals for undertaking retail trading. We have submitted an application for approvals," Amazon’s director, public policy Avinash Ramachandra said.Last year Modi government had allowed 100 per cent foreign direct investment for marketing, including through e-commerce, of food products manufactured and produced in India. New Delhi: US based e-commerce giant Amazon has proposed to invest around $500 China Aluminum scaffolding tower suppliers million for e-retail of food products in India, food processing minister Harsimrat Kaur Badal said on Thursday.

We are excited about the opening of FDI in food retailing.Some foreign retailers have demanded that India should allow sale of home and personal care products.23 million worth of FDI equity inflows.The food processing sector received $5.E-retail market is growing at a fast pace and is set to treble by 2020, the minister said.While the BJP government is against FDI in multi-brand retail, it has allowed it in processed food retail to increase processed food production in theorganised sector in the country.She said Grofers and Big Basket have also submitted FDI proposals for undertaking retail trading of food products. Metro Cash & Carry too has shown interest in food retailingOn allowing non-food products also be sold along with food products in the FDI policy, minister said the government will take a decision on this issue soon. Ms Badal said the government’s new FDI policy is very “attractive” and is generating huge interest among investors. Amazon has now decided to get into e-retail of food.“We allowed 100 per cent FDI in trading of food products last year. In 2016-17 (April-December), the food processing sector in the country has received $663. We have got some good news