600 global food & beverages giants to participate in Indusfood next month

Dec 19, 2018

In second edition of Indusfood — the government’s  international food show-cum- reverse buyer seller meet — organic food will be the focus of the with more than 200 global buyers already indicating their interest in sourcing from the country.

Products will be exhibited at the food show across 12 product segments ranging from consumer food, dairy products, marine, meat & poultry to Indian ethnic food.

Large global retail chains, including Germany’s REWE, Australian Culinary Foods, Canada’s Global Choice Foods and Chile’s Soc. De Inversiones Granatta are interested in buying organic food at the Indusfood meet and buyer-seller meets are being organised for the purpose.

Other retail chains participating in the food show include Jumbo from the Netherlands, Lotte Plaza from the US, LuLu from Abu Dhabi, Panda Retail from Saudi Arabia, Loblaw from Canada and X5 retail group from Russia.

Indian Organic food export has a huge scope for increasing especially processed food, as only 0.5 per cent of the global demand is supplied from the country. Total export of organic food products from India in 2017-18 was worth $515.44 million of which just $34.3 million was processed organic food.

At the buyer-seller meets, Indian companies will get to know more about the kind of items in demand in other countries which will help them expand their outreach. Around 600 global buyers from the food & beverages industry from over 40 countries and more than 500 Indian food suppliers will participate in Indusfood on January 14-15 in Noida, organised by TPCI and the Ministry of Commerce.

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