Mar 14, 2013

Maharashtra offer incentives to set up nutraceutical units

Mumbai, Mar 13 (PTI) The Maharashtra overnment today invited industries to set up manufacturing and R&D plants in the area of nutraceuticals and functional foods and offered incentives. "Considering the relevance of nutraceuticals, we invite all industries interested in setting up manufacturing and R&D plants in the area of nutraceuticals and functional foods.
We are allotting land near Chiplun (in Konkan region) to parties interested in setting up nutra manufacturing or research plants," Satej Patil, Minister of State for Food and Drug Administration, said on sidelines of a conference here. He requested the organisers of the conference, 8th Nutra India Summit, to submit to him details of deliberations at the event. Patil askdd K Chandramouli, Chairperson, Food Safety & Standards Authority of India (FSSAI), who was at the meet, to ensure that the Food Safety and Standards Authority of India (FSSAI) Act is soon converted into law.
The law will ensure that structured guidelines are laid down for easy operations, decisiveness and quality of the food and related industry, the Minister said. Maharashtra is the largest consumer for nutraceuticals (food/food products that provide health and medical benefits) in the country, Patil said. Speaking at the conference, Samir K Brahmachari Secretary, Department of Scientific & Industrial Research (DSIR), observed that India, with its research strengths, will witness great innovation in the areas like nutrition, nutraceuticals and nutrigenomics. He predicted that by 2030, people's consumption of chemicals will become negligible and it will be taken over by consumption of natural, organic foods, nutraceuticals and functional foods. Chandramouli said it was still being debated whether nutraceuticals are to be included in pharma or food.

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