Cremica Food Park Pvt. Ltd.

, an SPV floated by Cremica Group, plans to develop a

food park at Singha village, Haroli taluka, in Una district of Himachal Pradesh.The
food park will come up over 51 acre of land. Cremica Food Park Pvt. Ltd. will
invest Rs 100 crore in the project. Around 45 per cent of the project cost will be
funded by the central government, 40 per cent through bank loan, and the remaining
15 per cent from internal accruals.
Cremica Food Park Pvt Ltd is an upcoming Mega Food Park in the Una district of
Himachal Pradesh. The food park is established under the Government of India -
Ministry of Food Processing Industries scheme of "Mega Food Park". As per the
"Ministry of Food Processing Industries", the Scheme of Mega Food Park aims at
providing a mechanism to link agricultural production to the market by bringing
together farmers, processors and retailers so as to ensure maximizing value
addition, minimizing wastages, increasing farmers income and creating employment
opportunities particularly in rural sector. The Mega Food Park Scheme is based on
Cluster approach and envisages a well-defined agri/ horticultural-processing zone
containing state-of-the art processing facilities with support infrastructure and
well-established supply chain. Envisaged to function as a decentralized structure,
the Mega Food Park at Una will specifically include developing infrastructure to
facilitate establishment of strong food processing units, backed by an efficient
supply chain including collection centres, primary processing centres and cold
chain infrastructure.
Mega Food Park Scheme is the flagship program of the Ministry of Food Processing
Industries, Government of India. Mega Food Park Scheme proposes a demand
driven/pre-marketed model with strong backward/forward linkages and sustainable
supply chainThe primary objective of the proposed scheme is to facilitate
establishment of integrated value chain, with processing at the core and supported
by requisite forward and backward linkage.
The scheme provides for creating infrastructure for farm level primary processing
centre-cum- cold chain in identified clusters, processing of intermediate products,
collection centre cum cold chains, centralized infrastructure to take care of
processing activities, which require cutting edge technologies and testing
facilities, besides the basic infrastructure for water supply, power, environmental
protection systems, communication etc.The supply chain will establish on-Farm
Primary Processing Centre cum cold chain facilities for aggregation of the produce
at village level, which will be linked to the retail outlets/processing parks
through appropriate produce aggregation facility and collection centre cum cold
chain and Refer van transportation net works. The scheme is proposed to be
entrepreneur driven to be implemented on a PPP basis.The scheme envisages a onetime
capital grant of 50% of the project cost, subject to a maximum of Rs. 50 crores in
general areas and 75% of the project cost, subject to a ceiling of? 50 crores in
difficult and hilly areas i.e., North-East Region including Sikkim, J&K, Himachal
Pradesh, Uttarakhand and ITDP notified areas of the States.
Mega Food Parks Scheme (MFPS) was launched in 2008 whereby, the Government provides
Financial Assistance up to Rs. 50 Crore to set up modern infrastructure facilities
for food processing called Mega Food Parks. The key objectives of the scheme are to
reduce wastage of perishables; raise processing of food items from 6% to 20% and
raise Indias share in Food Processing Industry from 1.5% to 3%.