Foods And Inns Eligible For PLI Incentives, Receives ₹338.7 Million From Government

Foods and Inns Ltd announced that it will continue to benefit from the government’s Production Linked Incentive (PLI) scheme for another two years. The company confirmed receipt of ₹338.7 million in incentives, which will support its growth plans and enhance competitiveness in the food processing industry.  

Key Highlights  

• Foods and Inns eligible for PLI scheme incentives for two more years  
• Company receives ₹338.7 million in government incentives  
• Funds to be utilized for expansion and strengthening operations  
• PLI scheme designed to boost India’s food processing and manufacturing sector  
• Management highlights incentives as a catalyst for long-term growth  

Strategic Impact  
The extension of PLI benefits and receipt of incentives provide a significant boost to Foods and Inns, ensuring financial stability and enabling further investment in capacity expansion. Analysts note that the scheme enhances competitiveness of Indian food processors in global markets, while supporting domestic employment and innovation. The development underscores the government’s commitment to strengthening India’s food processing ecosystem.  

Sources: Reuters, Economic Times, Business Standard