Foods & Inns has received approval from the Government of India under Production Linked Incentive (PLI) scheme -- category 3, under which the company has to incur Branding & Marketing expenditure to build its own brands outside India between FY2021-22 to FY2025-26. The government under this incentive scheme will reimburse the company 50% of the Branding & Marketing spends on a yearly basis from FY22-23 to FY26-27. These incentives will be in the form of direct bank transfers to the company upon achieving yearly milestones as committed under the scheme.
Foods & Inns is a leading internationally reputed manufacturer and exporter of fruit pulp and concentrates in canned and aseptic packing, frozen pulp and vegetables, fruit powders etc.
