World Food India is set to revolutionise food processing sector with an investment of $10 bn: Badal


As the Ministry of Food Processing Industries gears up for its mega event ‘World Food India’ 3-5 November, 2017, the buzz is in the air that this event will mint a massive US $10 bn investment for the Indian Food Processing sector. While addressing a massive gathering during the curtain raiser of World Food India, Harsimrat Kaur Badal, Union Minister, MoFPI said that World Food India, touted as the country’s biggest food event, which is scheduled from November 3 to November 5 2017, may attract $10 billion investments in the food processing sector, which in turn will generate a million jobs in the next three years.

“With World Food India, India is poised to attract an investment target of roughly $10 billion in food processing sector, which will generate 1 million jobs in the next three years. I am certain that World Food India platform will reinvigorate India’s position as a global food factory and a global sourcing hub. “

Outlining her vision for World Food India 2017, Badal said, “The Indian economy has global players from both India and abroad. The government of India is creating the right infrastructure, an enabling environment, and an innovation culture to foster strategic partnerships. World Food India 2017 provides that platform for partnerships.”

World Food India will see participation from more than 200 companies from 30 countries, 18 ministerial and business delegations, nearly 50 global CEOs along with CEOs of leading domestic food processing companies and 27 states from India.

The event is supported by Ministry of Agriculture & Farmers’ Welfare, Ministry of Commerce and Industry, Ministry of Tourism, Ministry of Development of North East Region, Ministry of External Affairs and Ministry of Civil Aviation.

Read Previous

LT Foods plans out a new plant in the US

Read Next

Devising separate norms for food packaging: Agarwal

Leave a Reply