Karnataka backs 10,500 food processing units under PMFME, generating up to 1 lakh jobs

KAPPEC reports state has supported 10,500+ micro food processing units, including 3,500 millet-focused operations, creating 80,000-1 lakh jobs. Industry leaders at BCIC conference project India's $300B food processing sector to reach $535B by 2025-26, with capex commitments of Rs 4,064 crore and Rs 9,227 crore cited.

— Source publishedTue, 23 Jun, 2026, 19:55 IST·First seen Tue, 23 Jun, 2026, 20:08 IST·Source ET Small Business

What happened

KAPPEC · Karnataka has backed 10,500+ micro food processing units under PMFME, creating up to 1 lakh jobs, with 3,500 millet units. India's $300B food

Key facts

  • 10,500 units
  • 80,000-1 lakh jobs
  • 3,500 millet units
  • $300 billion
  • $535 billion by 2025-26
  • Rs 4,064 crore
  • Rs 9,227 crore

Why this matters

The fragmented 10,500-unit landscape signals a roll-up window in millet and micro-processing assets before larger strategics consolidate around the announced capex commitments.