Dubai, Feb 21 (IANS) Food Processing Minister Harsimrat Kaur Badal on Sunday invited investors from UAE as well as around the world to invest in mega food parks and cold chains and other food processing value chains in India, where ready infrastructure awaits them.
“The time to invest and ‘Make in India’ is now,” Badal said while delivering the keynote address in the Food and Beverage Business Forum of the GulFood Conference 2016 here, where she also inaugurated the India Pavilion.
She said that India’s food regulatory mechanism is moving from licensing to the registration regime, ensuring ease of doing business.
The government is committed to facilitating and encouraging investment in India in the food processing sector, and providing an environment that is smooth, transparent and easy for investors wanting to start an enterprise in India, she added.
The UAE is India’s second largest export destination and the third-largest trading partner, with current bilateral trade being at around $60 billion.