The increase in the Kisan Credit Card loan limit will also strengthen the farming ecosystem: MD – HyFun Foods
Mumbai, The Union Budget 2025-26 solidifies the commitment of the government toward food processing, agriculture, MSMEs, and exports—the very strong pillars of the economy. Under ‘Prime Minister Dhan-Dhaanya Krishi Yojana,’ there will be efforts toward enhanced agricultural productivity, improved post-harvest storage, and credit availability to farmers, Quote Mr. Haresh Karamchandani, MD & Group CEO, HyFun Foods
It would lead to a more resilient supply chain for food processing industries like ours. The ‘National Mission on High Yielding Seeds’ will improve yield, quality and climate resilience further, which improves the raw material base for this food processing segment.
The government is continuing to push farm exports to a new level, with a strategic goal of reaching $80 billion by 2030. This is also in line with India’s aspiration to be a global food powerhouse. Improved cold chain infrastructure and streamlined export logistics will empower Indian food brands to expand their global footprint.
The MSME sector, which forms the backbone of India’s food industry, has received a much-needed boost with enhanced credit guarantees, allowing businesses to invest in advanced technology and expand production. The increase in the Kisan Credit Card loan limit from ₹3 lakh to ₹5 lakh will also strengthen the farming ecosystem.
The National Institute of Food Technology in Bihar will further accelerate the innovation in food processing and extend value addition, which will further enhance India’s competitiveness in the global market. Combined with the Export Promotion Mission and BharatTradeNet for seamless trade facilitation, these measures will make it easier for food processors like HyFun Foods to scale and access international markets with ease.
These transformative initiatives will well establish the budgetary foundation for a thriving food ecosystem. At HyFun Foods, we look forward to utilizing these opportunities and contributing to India’s economic growth.
