In a comprehensive ecosystem update released through the Press Information Bureau on April 21, 2026, the Ministry of Food Processing Industries reported that the Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) has decisively outperformed key statutory targets four years into its six-year run. With an outlay of ₹10,900 crore for the period 2021-22 to 2026-27, the scheme had by February 2026 disbursed ₹2,162.55 crore in incentives against approved applications from 165 beneficiaries spanning 274 project locations. Beneficiary firms have collectively reported on-the-ground investments of ₹9,207 crore and added 34 lakh metric tonnes per annum of processing and preservation capacity. Crucially, the scheme has generated approximately 3.39 lakh direct and indirect jobs, decisively surpassing the original 2026-27 target of 2.5 lakh. Exports of agricultural processed food products approved under the scheme have grown at a Compound Annual Growth Rate of 13.23 per cent through 2024-25, with cumulative export sales touching ₹89,053.44 crore between April 2021 and September 2025. PLISFPI covers four product baskets: Ready-to-Cook and Ready-to-Eat foods (including millet-based products), Processed Fruits and Vegetables, Marine Products, and Mozzarella Cheese, supported by SME innovation grants and global branding assistance. The release signals the maturation of performance-based industrial policy in India's agrifood value chain.
Ministry of Food Processing Industries Releases PLISFPI Performance Update on April 21, 2026; ₹2,162.55 Crore Disbursed, 3.39 Lakh Jobs Created and 13.23% Export CAGR Reported
On April 21, 2026, MoFPI reported that the ₹10,900 crore PLISFPI scheme had by February 2026 disbursed ₹2,162.55 crore to 165 beneficiaries across 274 sites, mobilised ₹9,207 crore investment, added 34 lakh MT/year capacity and created 3.39 lakh jobs (against a 2.5 lakh target). Approved exports grew at a 13.23% CAGR with cumulative sales of ₹89,053.44 crore.
Key facts
- On April 22, 2026, the Ministry of Food Processing Industries released a PIB ecosystem update on the Production Linked Incentive Scheme for Food Processing Industry (PLISFPI).
- Total scheme outlay is ₹10,900 crore for the period 2021-22 to 2026-27; ₹2,162.55 crore in incentives had been disbursed by February 2026.
- 165 applications were approved spanning 274 project locations, with beneficiaries reporting investments of ₹9,207 crore on the ground.
- 34 lakh metric tonnes per annum of processing and preservation capacity has been added by February 2026.
- Around 3.39 lakh direct and indirect jobs have been created — exceeding the original 2.5 lakh job target set for 2026-27.
- Exports of approved processed food products grew at a 13.23 per cent CAGR through 2024-25; cumulative export sales reached ₹89,053.44 crore from April 2021 to September 2025.
- Eligible product baskets: RTC/RTE foods (including millet-based products), processed fruits and vegetables, marine products, and Mozzarella Cheese, with separate SME innovation and global branding sub-components.
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Practice MCQ from this story
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Consider the following two statements regarding PLISFPI as reported on April 22, 2026:\n1. PLISFPI's total outlay for 2021-22 to 2026-27 is ₹10,900 crore, of which ₹2,162.55 crore had been disbursed by February 2026.\n2. By February 2026, PLISFPI had created approximately 3.39 lakh direct and indirect jobs, exceeding the original target of 2.5 lakh by 2026-27.\nWhich of the statements given above is/are correct?
Both statements are correct as per the MoFPI April 22, 2026 update. PLISFPI has a ₹10,900 crore outlay (2021-22 to 2026-27) with ₹2,162.55 crore disbursed by February 2026, and 3.39 lakh jobs have been created against a 2.5 lakh original target.
Source: PIB feature (mirrored)
Frequently asked questions
What is the total outlay of PLISFPI?
PLISFPI has a total outlay of ₹10,900 crore for the period 2021-22 to 2026-27, of which ₹2,162.55 crore had been disbursed in incentives by February 2026.
How many jobs has PLISFPI created and how does it compare to the target?
By February 2026, PLISFPI had created approximately 3.39 lakh direct and indirect jobs, well above the original target of 2.5 lakh jobs to be created by 2026-27.
What product baskets does PLISFPI cover?
PLISFPI covers Ready-to-Cook/Ready-to-Eat (RTC/RTE) foods including millet-based products, processed fruits and vegetables, marine products, and Mozzarella Cheese, with SME innovation and global branding sub-components.
At what rate have approved processed-food exports grown under PLISFPI?
Exports of agricultural processed food products approved under PLISFPI grew at a Compound Annual Growth Rate of 13.23 per cent through 2024-25, with cumulative sales of ₹89,053.44 crore between April 2021 and September 2025.
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