The event concluded with a substantial surge of investment interest, resulting in the signing of Memorandums of Understanding (MoUs) worth Rs 33,129 crore underscoring the event’s significant impact on propelling India’s food processing sector
The ‘World Food India 2023’ event, organised by the Ministry of Food Processing Industry, concluded at Bharat Mandapam, Pragati Maidan, New Delhi, graced by the esteemed presence of the President of India, Droupadi Murmu. The valedictory session encapsulated the event’s resounding success, with the President acknowledging its pivotal role in showcasing India’s vibrant culinary heritage and fostering robust partnerships among various industries. She emphasised the country’s potential as a global culinary hub and underscored the importance of enhancing food distribution to combat global hunger.
The Mega Food Event, held with the support of ten Ministries/Departments of the Government of India, six commodity boards, and 25 states, attracted significant attention from international and domestic stakeholders. The event featured a remarkable turnout of 1208 exhibitors, 14 country pavilions, and notable participation from 715 international buyers, 218 domestic buyers, and 97 corporate leaders. Spanning an expansive area of 50,000 square meters across seven exhibition halls, the event provided a comprehensive platform for showcasing the latest advancements in the food processing industry. 14 country delegations, including seven Ministerial delegations, participated in the event. The event’s global appeal was further reinforced by the distinguished participation of The Netherlands as the Partner Country and Japan as the Focus Country.
A distinguished CEO Roundtable marked the inaugural day of World Food India 2023, co-chaired by Union Minister Pashupati Kumar Paras of the Ministry of Food Processing Industries and Union Minister Piyush Goyal of the Ministry of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles. This significant gathering brought together CEOs representing over 70 leading companies in the food processing and allied sectors. Key deliberations during the Roundtable encompassed the facilitation of business operations, investment strategies, sourcing interests, and a comprehensive examination of the existing gaps within the value chain of the Indian Food Processing Sector.
The event concluded with a substantial surge of investment interest, resulting in the signing of Memorandums of Understanding (MoUs) worth Rs 33,129 crore underscoring the event’s significant impact on propelling India’s food processing sector. Companies such as Amul, ITC, Mondelez, Kellogg’s, AB InBev, IB Group, Balaji Wafers, Ananda Dairy, Fertis, and Bikanerwala were among the signatories. More than 15200 B2B and B2G meetings conducted during the event fostered meaningful dialogues and partnerships, creating an environment conducive to knowledge exchange and industry growth.