Agri-business Sector
Investment Areas
- Agri-input sectors like seed, fertilizer, Pesticide, irrigation & Farm Machinery
- Post-Harvest infrastructure
- Food processing like eligible oil, rice, sugarcane, potato, fruits & vegetables & spices
Special Incentives
- 100% foreign equity is allowed (Except for defense, nuclear energy, currency and forest plantations)
- Tax incentives for 5-7 years based on location and industry dependent
- Cash Incentives: electricity consumption special rebate of 20% to agro-processing sector
- Tariff-free access to European union
- Cash incentives and export subsidies for selected export products ranging from 5% to 20%
- Loan disbursement target in agriculture is USD 2 Billion
- Entrepreneurs Equipment Fund is allowed agro-sector
- More than 47.5% of population dependent on agriculture for livelihood