ADF Foods has received approval from the government of India under Category III of the Production Linked Incentive (PLI) Scheme for Food Processing
Industries.
The approval has been received for branding and marketing expenditure abroad.
The company will be extended financial incentive @ 50 percent of budgeted outlay on international branding and marketing expenditure or three percent of sales of food products whichever is lower subject to a maximum incentive of Rs 61.35 crore during the scheme tenure from FY21-22 to FY25-26.