Following is an excerpt from a report in Business Standard.

The Orissa government has allotted 110 acres of land to 55 industrial units for the proposed food processing park project being developed at Malipada in Khurda district.

“The food processing park would be developed on 162 acres of land. The state government has already allotted 110 acres to 55 units. It will invest Rs 9.9 crore on infrastructure development for this food park and out of this Rs 1.91 crore has already been deposited with the Industrial Infrastructure Development Corporation of Orissa (Idco)”, said state industries minister Raghunath Mohanty.

Besides the food processing park, the state also planned to develop a mega food park at Khurda and the proposal is under the consideration of the Government of India, the minister stated.

The mega food park project, which is to be developed on around 200 acres of land, has the potential to attract investments to the tune of Rs 2000 crore. …

The government had roped in IL&FS as a consultant to help boost investments in the food processing sector. Tenders for this project were likely to be invited by August this year. …

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