Food Park coming up

A Food Park is coming up at Gangaikondan SIPCOT Industrial Complex near here on an outlay of ₹ 77.93 crore on 50 acres in which the investors can establish their food processing units for exporting th

A Food Park is coming up at Gangaikondan SIPCOT Industrial Complex near here on an outlay of ₹ 77.93 crore on 50 acres in which the investors can establish their food processing units for exporting their products.

As the Union government is promoting Food Parks across the country to encourage new business ventures in the field of food processing and export, the facility coming up through the Department of Agro Business. Each plot will be of 1 acre in which the investors can establish their business ventures with the subsidy being extended by the Central and the State Governments.

The Food Park with a compound wall will have basic infrastructure such as road, drinking water, power connection, drainage channels, weigh bridge etc. It will have the common facilities like cold storage, packaging bay and laboratory. To ascertain the needs and expectations of the potential investors, a stakeholders’ meet was organised on Thursday.