10 Feb, 2018
With an aim of getting all the namkeen and mithai manufacturers on a single platform, Federation of Sweets and Namkeen Manufacturers (FSNM) along with AIM Events organised World Mithai & Namkeen Convention (WMNC) 2018 at Hotel Eros, Nehru Palace, New Delhi on February 10th. The event was graced by Manoharlal Agarwal, Chandubhai Virani – Guests of Honour and other several eminent dignitaries. Mentor of FSNM and MD of Haldiram’s, Manoharlal Agrawal said “This convention provides unprecedented opportunities to allied sectors of our industry giving them tremendous prospects of growth.”
The consumption ratio is vast in India as everyone, right from a 5 year-old child to senior citizens are consumers of namkeen & sweets. This sector cannot face a dip in the consumption pattern as Indians always crave for namkeen and delicious sweets. In September-October 2017, the industry was in doldrums as the central government kept this sector in the GST slab of 12 per cent but later the council cut this slab to 5 per cent on khakra and loose farsan.
World Mithai & Namkeen Convention 2018 has provided a platform to all manufacturers from different parts of India to come together for benefits of their trade and industry. During the committee meeting, the association emphasised on GST to be set at 5 per cent and credit input should not be removed. Haldiram’s MD voiced for the namkeen industry to be united and collectively ask the government to bring down GST slab to 5 per cent. FSNM Mentor Srinivasan stressed that it was important to categorize both branded and unbranded snack in the same slab and hence have all the privileges of 5 per cent GST and credits. Even he called for unity in sweet and namkeen industry.
Giving the welcome note, President of FSNM, Virendra Jain said that “every day we face new challenges in doing business and FSNM has been able to deal with them for benefit of the trade and industry. Today manufacturers in Rajasthan can dream of supplying in MP or West Bengal. Similarly, due to increase in demand of quality & hygienic products from consumer has opened new avenues for raw material, ingredients suppliers and food safety system providers. This convention has provided unprecedented opportunity for allied sectors to meet the whole industry, manufacturers and others.”
Editor of Hindu Business Line, G Chandrashekhar presented an industrial overview & opportunities of this segment. The growth in food industry is rising and India is fastest growing economy in the world. “We have highest ratio of young population and this is good for namkeen and sweet industry. The next 20 years for savoury and sweet snack industry seems positive and on whole it has a sweet future.” He complimented Firoz Naqvi for organizing such an epic event that is need of the hour for this industry.
Secretary of FSNM, Vikram Agarwal gave vote of thanks at the end of inaugural session. As the ethnic food category is growing, cash-rich companies make a beeline for share of salty snacks market. Around 1500 snack items are sold in India spanning various tastes, shapes and fillings. This sector has witnessed tremendous growth in recent years as several players have switched from traditional methods to modern means of manufacture and trade.
Organiser and Treasurer of FSNM, also Editor of Firoz Naqvi said food safety was another issue hence it has become vital for the sweet and namkeen industry to have their own labs for food safety testing. He was glad as the companies involved in sweets & namkeen business and allied sectors made this event, first-of-its-kind in India a success with their support through participation, sponsorship and advertisement.
This event proved significant for the industry as panel discussions and presentations on several matters related to this segment were covered during the seminar. Topics like technological advancements in mithai & namkeen industry, choosing right ingredients for the products, global packaging trends, food safety and challenges in mithai & namkeen segment and other issues were discussed. MD of VKC, Gunjan Jain, CMD of Roha Dychem – Ramakant Tibrewala, Area Marketing Manager-India of Roquette – Jatin Sharma elaborated on various details during the first session – ‘Modern Ingredients for Ethnic Foods. Following which there was a session on Role of Automation & Modern Technologies in Snacks Industry. Thereafter, the managing directors of popular namkeen brands in the country shared the dias and spoke with the delegates present there.
Companies like Balaji Namkeen, Jain Namkeen, Green Dot Foods, Vadalia Foods, and many other sweet & namkeen firms attended this meet. Various names from the allied industry like Testo India, Fabcon, Kapcone, Heat & Control, Balaji Dry Fruits, Kanchan Metals, Chandigarh Sweets, Nichrome and others were glad as it was wonderful event that has cracked many deals for their business. A good number of footfall was observed and the industry looks forward to events of such kind.