Prataap Snacks has received approval under Production Linked Incentive (PLI) Scheme of Government of India for Food Processing Industry. Approval under Production Linked Incentive (PLI) Scheme - Category - I, Segment - Ready to Cook/Ready to Eat (RTC/RTE). Approval for sales based incentive. The incentive would be payable on incremental sales of eligible products over the base year sales as defined in the PLI Scheme.
PLI Scheme aimed to incentivise manufacturing of four major food product segments viz. Ready to Cook/Ready to Eat (RTC/RTE) including millet-based foods, Processed Fruits & Vegetables, Marine Products & Mozzarella Cheese in India.
Prataap Snacks is Indore-based Indian Snack Food Company. It sells products under the brand name ‘Yellow Diamond’. The company is among the top 6 Indian organized snack market. It has a diversified product portfolio including traditional and western snacks.
