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Japan companies keen to invest in food processing
A 40-member delegation from 30 food processing industries in the State headed by Secretary to Government (Food Processing) M Girija Shankar and Andhra Pradesh Food Processing Society CEO YS Prasad on March 7, met officials of Agriculture and Fisheries Department, Government of Japan, to explore opportunities for mutual cooperation.
Hyderabad: A 40-member delegation from 30 food processing industries in the State headed by Secretary to Government (Food Processing) M Girija Shankar and Andhra Pradesh Food Processing Society CEO YS Prasad on March 7, met officials of Agriculture and Fisheries Department, Government of Japan, to explore opportunities for mutual cooperation.
On Tuesday, the delegation met Vice-Minister for International Affairs, Ministry of Agriculture and Fisheries, Hiromichi Matsushima. During the meeting, discussions were held on investments in Andhra Pradesh by Japanese food processing companies, technology transfer, increasing the imports from India to Japan and establishing food parks in Andhra Pradesh by Japanese companies.
Responding to this, the Vice-Minister promised to take appropriate action to extend cooperation to invest in the State’s proposed mega food parks, rice bran oil extraction, shrimp processing etc. In a joint meeting participated by 50 companies from Japan and 30 companies from Andhra Pradesh, held on Tuesday, several Japanese companies have shown keen interest in investing in the State.
