The Prime Minister said India's rising middle class and the policy-driven initiatives of the government are opening up several opportunities for all stakeholders in the food processing sector. He underlined his government's resolve to reduce input costs for the farmer and eliminate losses due to wastage of farm produce.
The interaction was part of the ongoing World Food India event. Leading CEOs and officials from many reputed companies including Amazon (India), Amway, Britannia Industries, Cargill Asia Pacific, Coca-Cola India, GlaxoSmithKline, ITC, LuLu Group, Metro Cash & Carry,Nestle, PepsiCo India, Walmart India etc were present at the meeting.
Various CEOs complimented the Prime Minister on the massive improvement in India's rank in the recent World Bank ease of Doing Business Report.
They especially appreciated the structural reforms and bold initiatives such as GST and the liberalization of the FDI regime.
Thanking the CEOs for sharing their views, the Prime Minister said that their observations indicate tremendous enthusiasm, about India.
The Prime Minister underlined the Union Government's resolve to reduce input costs for the farmer, and eliminate losses due to wastage of farm produce.