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Foods & Inns gets sanction for third tranche of PLI subsidy worth Rs 25.08 crore

19 May 2025 Evaluate

Foods & Inns has received the sanction letter for the third tranche of incentives under the Production Linked Incentive (PLI) scheme from the Government of India, amounting to Rs 25.08 crore for the fiscal year FY 2023–24, on May 19, 2025. This milestone reaffirms company’s strong commitment to operational excellence, financial discipline, and sustainable growth.

The company has successfully met all eligibility criteria under the scheme - completing the committed capital expenditure (capex) and achieving the sales revenue targets, as declared in its original application. Furthermore, the company has already met the required sales thresholds for FY 2024–25, as per the PLI guidance formula, reflecting company’s proactive approach and execution capabilities.

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.

Peers
Company Name CMP
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