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MoFPI interacts with Bakery & Confectionery Companies

By TIOL News Service

NEW DELHI, DEC 19, 2024: DR. Subrata Gupta, Secretary, Ministry of Food Processing Industries (MoFPI), chaired a roundtable interaction with the business leaders from the bakery and confectionery sub-sector at Vigyan Bhawan Annexe, New Delhi on 18th December 2024. The discussion served as a platform to deliberate on challenges faced by the industry and explore actionable solutions to drive its growth and global competitiveness.

The discussions touched upon opportunities to enhance the availability of quality raw materials, streamline supply chains, and regulatory reforms to support both large and small-scale manufacturers. Industry representatives also highlighted the potential for increasing investments across the value chain, with a focus on enabling small-scale and specialty manufacturers to further scale operations and meet evolving consumer demands. Integrating informal sector units into the formal ecosystem was underscored as a key step to improving efficiency, scalability, and quality standards.

Enhancing ease of doing business emerged as a pivotal theme, with suggestions to simplify regulatory frameworks and align policies to create a more enabling business environment. Sustainability and innovation were also key areas of focus, with recommendations for technology adoption and expanding domestic production of critical inputs, such as cocoa, to unlock untapped opportunities.

The discussions deliberated on the importance of skill development and capacity-building programs, especially for small and medium enterprises, to foster innovation and drive growth. Additionally, participants highlighted the need for consumer awareness initiatives to promote the benefits of processed foods and encourage wider acceptance in the domestic market.

Secretary, MoFPI, assured participants of the Ministry's commitment to addressing their concerns and fostering a collaborative approach to drive progress. He highlighted the importance of partnerships, strengthening the value chain, and creating an enabling ecosystem for the industry. Industry members were advised to connect with Invest India submit the detailed representation to further develop actionable strategies for addressing the challenges effectively.


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