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The Anil Group, which received approval from the Union Ministry of Food Processing Industries, said it will set up a mega-food park at Vadodara with an investment of Rs 200 crore.
For this, the group will form a special purpose vehicle — a consortium of food-processing, logistics and infrastructure companies, with Anil Ltd, flagship company of the group, holding majority equity.
The group will invest upwards of Rs 200 crore for the proposed food park towards providing infrastructure for food-processing industries, along the value-chain from the farm to the market, the company said here. The project seeks to create a farm-to-fork infrastructure wherein the group will tap its presence in corn wet-milling, food processing, milk and dairy products and hospitality sectors to integrate aspects of food-processing and agri-business supply chain.
This will result in increased realisation for farmers by creating rural-processing infrastructure, reducing wastage, building capacities of producers and processors, and creating an efficient supply chain.
Currently, 20-25 per cent of the food produce in India is lost due to lack of processing facilities and inadequate infrastructure for post-harvest operations.
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