The Ministry of Food Processing Industries organised the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Bazaar on 24–25 August 2026 at the India Habitat Centre in New Delhi. The event brought together small food businesses, self-help groups, farmer producer organisations, and cooperatives from 25 States and Union Territories to display their products and connect with potential buyers.
The showcase highlighted how traditional foods and regional recipes are being turned into branded products with wider market reach, from makhana cookies in Bihar to jamun vinegar in Rajasthan and soya products in Maharashtra.
How the scheme works
The PMFME scheme was launched on 29 June 2020 to support micro food enterprises through financial help, technical guidance, and business support. Entrepreneurs can use the assistance to start new food processing units or upgrade existing ones.
A key feature is credit-linked capital subsidy, which provides 35 percent of the total project cost, up to ₹10 lakh per enterprise. This means if a business takes a bank loan for equipment or machinery, the government covers a substantial portion through a subsidy.
The Bazaar itself serves as a marketplace where these enterprises can find customers and business partners, explore new markets, and strengthen their brands.
What this means for you
If you run a small food business or are thinking of starting one, the PMFME scheme offers loans with government backing and grants toward your equipment costs. Small entrepreneurs who join gain access to better machinery, wider distribution channels like online platforms, and connections to larger markets. The scheme has helped businesses expand from single locations to multiple cities and even reach international customers, showing that government support can turn a local recipe into a sustainable enterprise.