AP, SBI ink deal to upgrade, establish 7,500 micro food processing units This agreement will be executed in the ongoing 2023-24 fiscal under the Prime Minister Formalisation of Micro Food Processing Enterprises (PMFME) scheme

Banking & Finance

The Andhra Pradesh Food Processing Society (APFPS) and the State Bank of India (SBI) have entered into an agreement on Tuesday to upgrade and support the establishment of at least 7,500 micro food processing units in the state.This agreement will be executed in the ongoing 2023-24 fiscal under the Prime Minister Formalisation of Micro Food Processing Enterprises (PMFME) scheme.This partnership with a financial powerhouse like SBI will provide a significant boost to micro food processing enterprises in the state.


     

     

     

 

     


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