Indus Food fair sees business enquiries worth $1B: TPCI

indus-food-fair-sees-business-enquiries-worth-1b-tpci

The fair is one of the most comprehensive and expansive show on the global food and beverage industry

INDUS FOOD is a global platform where top exporters from Food and Beverage Industry of India participates and buyers from across the world are invited.

2nd version of Indus Food happened in Greater Noida on 14th and 15th January 2019 and saw business enquiries worth $1 billion. More than 700 buyers from 70 countries and 500 food suppliers visited INDUS FOOD-II. The event lead to greater interaction of Indian exporters with global customers leading to enhanced product development and better price realization in international markets.

Indus Food, a food and beverage trade fair, saw business enquiries worth $1 billion (about ₹ 7,000 crore) which would materialise in the upcoming months, said the Trade Promotion Council of India (TPCI) on Wednesday.

Mohit Singla, Chairman, TPCI said, “We had 800 global buyers from 78 countries who participated in the fair. This year, we managed to secure business transactions worth over $1 billion.”

Supported by the Department of Commerce, Indus Food is a global trade show to maximise business opportunities for the food and beverage industry.

This time, he said, the fair focused on small and medium enterprises (SMEs) for export business by bringing buyers to their doorsteps and creating opportunities for producers of value-added and organic products.

“Doubling of farmers’ income will happen if the business grows. With the government itself working towards the identification of most prominent global buyers, the benefit will percolate to farmers,” he added.

The fair is one of the most comprehensive and expansive show on the global food and beverage industry.

 

 

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