The first Mega Food Park in the state of Odisha M/s MITS Mega Food Park Pvt. Ltd. at Rayagada has been inaugurated by Minister of Food Processing Industries.
The Mega Food Park has been set up in 50.05 acre of land at the cost of Rs. 80.17crore. Government of India has provided a financial assistance of Rs. 50.00 Crore to the project.
The Mega Food Park will leverage an additional investment of about Rs. 250 crore in 25-30 food processing units in the park and generate a turnover of about Rs. 450-500 Crore annually.
This is the 7th Mega Food Park operationalized in the last 3 years by the present government.
To give a major boost to the food processing sector by adding value and reducing food wastage at each stage of the supply chain with particular focus on perishables, Ministry of Food Processing Industries is implementing Mega Food Park Scheme in the country.
Mega Food Parks create modern infrastructure facilities for food processing along the value chain from farm to market with strong forward and backward linkages through a cluster based approach.
Common facilities and enabling infrastructure is created at Central Processing Centre and facilities for primary processing and storage is created near the farm in the form of Primary Processing Centers (PPCs) and Collection Centers (CCs).
Under the Scheme, Government of India provides financial assistance upto Rs. 50.00 Crore per Mega Food Park project.