Food Park

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20 Apr Food Park

Posted at 20 Apr 2021 in Current Affairs by
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(GS PAPER-3, INFRASTRUCTURE

SOURCE- THE HINDU)

Context:

Recently Italy has launched the first “Mega Food Park” in India involving food processing facilities. It is the first Italian-Indian Food Park project which has been launched in India

About the Project:

  • The name given to the project is “Mega Food Park”.
  • The prime goal of the project is to develop cooperation between agriculture and industry.
  • The project IS focussing on the research and development of efficient technologies in this sector.
  • It is implemented by a Special Purpose Vehicle. The SPV is a registered corporate under the Companies Act.
  • It will link agricultural production and markets. 
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