Oct 15, 2018
European supermarket chains and top manufacturers of processed food plans to source their food & beverages requirements from India at Indusfood II
Its good news for Indian food industry as European supermarket chains and top manufactures of processed food will be sourcing their Food and Beverage (F&B) requirements from India at the Indusfood-II – the export focused annual F&B trade fair organized by Trade Promotion Council of India (TPCI) jointly with commerce and industry ministry.
Indusfood is a tradeshow, the second edition of which will be held in Greater Noida on January 14-15, 2019, to showcase India’s best line-up of food, beverages and agri products to global buyers, many of whom have already committed participation in Indusfood-II.
The Indusfood-I, held in early 2018, saw international buyers from 43 countries and 320 Indian exporters, from 12 categories of Food and Beverage industry, generating an estimated business of $650 million.
According to ministry, the Indusfood-II is expected to see the participation of more than 600 global buyers from around 50 countries and will also generate interest in the large basket of brands, private labels and bulk purchase opportunity of raw items that India could offer to the world.
Indusfood-2019 will see the participation of many foreign government delegations and representatives of large foreign companies involved in strategic purchase of food commodities through investments or long-term purchase agreements to achieve the food security of their country or to supply their large food processing industries.