Top Food Giants To invest in India

New Delhi Nov 4: In a bid to invest in Food processing sector and to improve the farmer's income many Food giants across the globe have signed MOUS to set up plants in the India.

Global CEOs and Food Industries have lined up to sign the MOUS at the World Food India was inaugurated yesterday.

ITC, Coca-Cola, Cargill, Patanjali and Yes Bank have signed 13 memorandums of understanding (MoUs) to set up industries in the country.

# PepsiCo beverages and snacks firm committed Rs 13,300 crore for setting up a food and beverage plant.

# Coca-Cola said it will invest Rs 11,000 crore in juice bottling infrastructure, fruit processing plants and equipment.

# FMCG company ITC has said it would invest Rs 10,000 crore sector.

# Ayurvedic product manufacturer Patanjali said they will investing Rs 10,000 crore in the sector.

# Amazon, Janani Foods, Metro, Cargill, Britannia, Hershey’s, Blue Star India, Sharaf Group of UAE and Yes Bank committed investments across food processing projects, manufacturing, exports, and financing.

More companies are expected to sign Mous in the next 2 days of World Food India.