Food processing sector, China Automatic Cookie Making Machine kaur badal, fdi Location: India, Delhi, New Delhi.Besides Amazon, she said Grofers and Big Basket have also submitted FDI proposals for undertaking retail trading of food products, while Metro Cash & Carry has also shown interest in food retailing."We allowed 100 per cent FDI in trading of food products last year. Asked about allowing non-food products in the FDI policy, she said the government will take a decision on this issue soon.76 billion in FDI equity inflows from 2010-11 to 2015-16. Asked about the total investment expected from Amazon, Grofers and Big Basket, she said it will be upward of USD 500 million. Amazon has decided to invest close to USD 500 million in the food retail sector. We have got some good news.The minister said the governmentnew FDI policy is very "attractive" and is generating huge interest among investors.E-retail market is growing at a fast pace and is set to treble by 2020, the minister said."We are excited about the opening of FDI in food retailing.

It is a good news for the country," Badal told reporters here. In 2016-17 (April-December), the food processing sector in the country has received USD 663.Calling food processing as sunrise sector which is growing at over 7 per cent, Badal said the government is setting up mega food parks, cold chain projects and plans to establish a National Food Grid to boost processing level of farm produce and reduce wastages by compressing gaps in supply chain. We have submitted an application for approvals," AmazonDirector Public Policy Avinash Ramachandra said.The government last year allowed 100 per cent foreign direct investment (FDI) for marketing, including through e-commerce, of food products manufactured and produced in India.

The food processing sector received USD 5.23 million worth of FDI equity inflows.Some foreign retailers have demanded that India should allow sale of home and personal care products. Amazon has now decided to get into e-retail of food.New Delhi: The US-based retail giant Amazon has proposed to invest about USD 500 million for e-retail of food products in India, Food Processing Minister Harsimrat Kaur Badal said today. While Amazon is one of the major e-commerce players in India, Grofers and Big Basket are into online grocery space

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