Production Linked Incentive (PLI) Scheme for Food Processing Industry

Ready-to-Cook/Ready-to-Eat and Processed Fruits & Vegetables: 10% in initial years, gradually reducing to 8%.

Marine Products: 6% to 4% (10% for value-added marine products).

Mozzarella Cheese: 10% to 4%.

> Incentive:

1. Investment shall mean expenditure incurred on the installation of new plant & machinery, technical civil work and associated infrastructure by the Applicant and its contract manufacturers. All non-creditable taxes and duties are included in expenditure.

1. The incentive is calculated as: Incremental Sales × Applicable Rate of Incentive.1. The applicable incentive rates vary across segments and years:

1. The incentive is payable from the year of selection till the end of the scheme period.

1. The applicant must achieve the minimum Compound Annual Growth Rate (CAGR) in sales to be eligible for the incentive.

> Branding and Marketing:

1. Financial support is provided for the promotion of Indian brands in international markets.

1. The scheme provides 50% reimbursement of expenditure incurred on branding and marketing activities.

₹50.0 Cr · annual

1. The support is subject to a maximum of 3% of sales of food products or ₹50,00,00,000/- per year, whichever is lower.

₹5.0 Cr

1. The minimum eligible expenditure for claiming the incentive is ₹5,00,00,000/- over a period of 5 years.

1. Eligible activities include in-store branding, shelf space renting, listing fees, media advertising, and promotional campaigns.

> Coverage of Multiple Food Segments:

1. Incentives are provided for manufacturing and sales in the following segments:

Ready-to-Cook / Ready-to-Eat food products (including millet-based products)

Processed Fruits and Vegetables

Marine Products

Mozzarella Cheese

Innovative and Organic products of SMEs

₹1,00,000/- for Category-I applicants ₹10,000/- for Category-II applicants ₹10,000/- (SMEs) and ₹50,000/- (other applicants) under Category-III