Tata Consumer Signs Rs 2,000 Cr MOU at World Food India 2025

Tata Consumer Products Ltd (TCPL) has entered into a non-binding Memorandum of Understanding (MOU) with the Ministry of Food Processing Industries, committing to invest up to Rs 2,000 crore in India's food processing sector over the next five years.

This strategic move, announced on Friday, aligns with the government's initiative to bolster the food processing ecosystem and was formalized during the World Food India 2025 event.

The proposed investment is contingent upon the financial evaluation of individual projects and the acquisition of requisite corporate and statutory approvals. TCPL emphasized that the details provided are subject to change, and appropriate disclosures will be made once the terms and conditions are finalized.

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This announcement coincides with a significant surge in investment commitments at the World Food India 2025 summit. Union Minister Chirag Paswan highlighted that MoUs worth over Rs 1 lakh crore have been signed during this edition, marking the largest number of agreements since the inception of the global food and agri-investment summit.

Prime Minister Narendra Modi, inaugurating the event, underscored India's pivotal role in ensuring global food security. He emphasized that the country's diversity, demand, and scale offer unparalleled opportunities for international investors in food sector. Additionally, the government announced credit-linked assistance exceeding Rs 770 crore to nearly 26,000 beneficiaries under the Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme.