SME Times News Bureau | 13 Feb, 2020
The Indian organic food segment grew at a CAGR of 10% during
2016-20, an official release by the Ministry of Food Processing Industries said
on Thursday.
On the
demand side, increasing disposable incomes, increasing awareness around health
and wellness and increasing acceptability are driving the growth in the organic
food segment which is expected to grow at a CAGR of 10% during the period
2016-21, added the release.
With an aim to empower women and promote organic produce, Ministry of Food Processing
Industries (MoFPI) is organizing a National Organic Festival with a special
focus on women entrepreneurs, said Harsimrat Kaur Badal, Union Minister for
Food Processing Industries(FPI).
Announcing
the 3-day long Food festival, during a press meet in New Delhi today, FPI
Minister shared that more than 150 women Entrepreneurs
and Self Help groups (SHG’s) from all over the country will be exhibiting their
organic products in various segments.
In order to boost
the organic products and promote women entrepreneurship in the area of
production and processing of organic products, the MoFPI and Ministry of Women
and Child Development (Mo WCD) have joined hands for organising a three-day
festival from February 21-23, 2020 at Jawaharlal Nehru Stadium, New Delhi.
The festival cum
exhibition that is being held under the theme “Unleashing India’s Organic
Market Potential” will be inaugurated by Smt. Harsimrat Kaur Badal, Minister of
Food Processing Industries.
Women
entrepreneurs and SHGs from all over the country will be exhibiting their
organic products in various segments such as fruit & vegetable,
ready-to-eat products, spices and condiments, honey, cereals, dry fruits,
beverages, medicinal plants, oil and value-added products like jam, jelly,
murabba, chutney etc.
Entrepreneurs and
SHGs from 24 states are participating in the festival.
Apart from
showcasing the organic products, the event will focus on facilitating business
linkages and empowering women entrepreneurs through pre-arranged B2B and B2G
meetings. Other softer elements of the exhibition will include, organic food
quiz, live culinary sessions, Chef speaks, cultural events, nukkad natak etc.
Badal shared that
the Ministry of Food Processing Industries (MoFPI) and Ministry of Women and
Child Development (MoWCD) have recently signed an MoU to help women
entrepreneurs get connected with Government financial schemes like MUDRA (Micro
Units Development and Refinance Agency), Startup India and also meet the
compliance needed for being competitive in the global market.