What Happened
The Ministry of Food Processing Industries recently hosted the PMFME (Pradhan Mantri Formalisation of Micro Food Processing Enterprises) Bazaar at the India Habitat Centre on August 24-25, 2026. This national showcase highlighted India's culinary diversity, featuring unique, ethnic, and traditional foods from exhibitors across 25 States and Union Territories. The event provided a platform for micro food enterprises, SHGs, FPOs, cooperatives, and entrepreneurs to display products, connect with buyers, and explore new markets.
Key Facts
- The PMFME Bazaar took place on August 24-25, 2026, at the India Habitat Centre.
- Exhibitors from 25 States and Union Territories participated.
- The PMFME Scheme, launched on June 29, 2020, offers financial, technical, and business assistance to micro food enterprises.
- SHHE Foods Private Limited, associated with PMFME since 2021, grew its sales from ₹2.5-3 lakh in 2021 to over ₹14 crore.
- SHHE Foods received over ₹3 lakh in subsidy against a ₹10 lakh loan under PMFME's credit-linked capital subsidy for a processing unit upgrade, increasing daily output from 100 kg to 1,000 kg.
- Tribalveda, from Udaipur, expanded its market reach to Amazon, Flipkart, its own website, and international customers in Dubai and the USA with PMFME support.
- Soya Rich in Maharashtra, after joining the PMFME scheme in 2021, expanded operations to eight cities and saw monthly sales increase from around ₹2 lakh to nearly ₹35 lakh.
- Malati Food Products in Odisha, established in 1995, associated with PMFME in 2024 to upgrade its facility through a capital subsidy.
Why It Matters
The PMFME Bazaar demonstrates how local ingredients and traditional knowledge can develop into established brands. The scheme's support, including capital subsidies and market access, has directly enabled micro-enterprises to increase production, expand sales, and reach wider markets, both domestically and internationally.
What To Watch
As the PMFME scheme expands its reach, observers can note how different regions leverage traditional foods and local resources for economic growth. The continued impact on sales trajectories and market expansion for participating enterprises will be a key indicator of the scheme's ongoing success.
