June 27, 2023 : 
Mr. Sumit Agarwal, the Chairman of Soy Food Promotion and Welfare Association (SFPWA) said “Soy foods have witnessed widespread acceptance as a mainstream food product, serving as a valuable protein source in everyday diets across India. Recognizing the potential of the soy food industry, the conference participants put forth a series of recommendations urging government support to foster growth, innovation, and entrepreneurship within the sector”.
The key government support recommendations include:
- Establishing standards for soy food products and appropriate nomenclature: Setting clear guidelines and quality standards will ensure the consistency and safety of soy food products in the market.
- Including a Soy Food Promotion and Welfare Association (SFPWA) nominee as a member of standards/scientific committees for soy foods: By incorporating representatives from SFPWA, the industry’s interests and perspectives will be effectively represented in the formulation of relevant standards and regulations.
- Addressing corrections to the Food Safety and Standards Authority of India (FSSAI) tofu standards: Identifying and rectifying any discrepancies or gaps in the existing tofu standards will contribute to the improved quality and competitiveness of soy-based products.
- Providing clarity on Goods and Services Tax (GST) rates for soy foods: Clear guidelines and appropriate tax rates will create a conducive business environment, enabling the industry to thrive and reach a wider consumer base.
- Reducing customs duty on soybean imports: Lowering the customs duty on soybean imports will encourage cost-effectiveness and accessibility, thereby promoting increased soybean availability for domestic production.
- Seeking health claims from the Government of India through the Ministry of Health: Obtaining official health claims will validate the nutritional benefits and health advantages of soy food consumption, leading to greater consumer confidence and demand.
- Supporting generic campaigns to popularize soy food consumption through print and electronic media: Robust promotional campaigns will raise awareness about the benefits of soy foods, driving consumer interest and preference for these nutritious products.
- Including soy protein ingredients in the Production-Linked Incentive (PLI) scheme: Incorporating soy protein ingredients into the PLI scheme will incentivize their use in various food manufacturing processes, facilitating market growth and encouraging innovation.
Dr Ratan Sharma, Renowned Soy expert said “These recommendations, formulated during the “Soy Foods Sustainable Protein for Health and Wellness” conference, have the potential to transform the soybean production landscape, foster entrepreneurship, and promote healthier diets in India. The government’s support in implementing these recommendations will contribute to the sustainable growth and development of the soy food industry, benefitting both producers and consumers alike”. By harnessing the collective efforts and expertise of all stakeholders, India can establish itself as a leader in soy food production, consumption, and overall health and wellness.
