Apis India Ltd Receives Subsidy of INR 1,65,71,000 from MOFPI for Fruit & Vegetable Processing Unit
Apis India Ltd has received a formal Sanction Letter/Approval dated March 13, 2026 from the Ministry of Food Processing Industries (MoFPI), Government of India, under the scheme Creation/Expansion of Food Processing & Preservation Capacities (CEFPPC) of Pradhan Mantri Kisan Sampada Yojana (PMKSY). The Company has been granted a subsidy of INR 1,65,71,000 for setting up a new unit for Fruit & Vegetable Processing- Jam with a proposed capacity of 2400 MT/annum at Roorkee, Uttarakhand. The subsidy is subject to fulfilment of certain terms and conditions as stipulated in the sanction letter issued by the Ministry. This financial assistance will support the Company’s expansion plans in the food processing segment and strengthen its manufacturing capabilities.
Key Highlights
- Apis India Ltd received a subsidy of INR 1,65,71,000 from MOFPI for a new Fruit & Vegetable Processing unit
- The new unit will be located in Roorkee, Uttarakhand
- The proposed capacity of the new unit is 2400 MT/annum
- The subsidy is granted under the CEFPPC scheme of PMKSY by MoFPI
- This financial assistance will support the Company’s expansion plans in the food processing segment and strengthen its manufacturing capabilities
Price Impact