Wednesday, Feb 20 2019 | Time 00:37 Hrs(IST)
image
  • Cabinet approves Cadre Review of 8 organised Group 'A' Services in Railways
  • Shivaji Jayanti : 14-feet turban of Shivaji made by 100 metres cloth to commemorate warrior
Business Economy Share

Buyers from West Europe to source F&B from India

Buyers from West Europe to source F&B from India

New Delhi, Oct 8 (UNI) 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 focussed annual F&B trade fair organised by Trade Promotion Council of India (TPCI) jointly with Department of Commerce, Ministry of Commerce and Industry.



Discussions were held with TPCI and Ms Maria Carillo, International Director of FIAB (Spanish Federation of Food and Drink Technology) for bilateral cooperation and promotion of Indian and Spanish dairy sector.

Ms Maria Carillo evinced keen interest in sending a delegation to India during Indusfood-II to source their raw food requirements from India. Milk plays an important role in the northern regions of Spain as it is the main agricultural produce with the dairy industry contributing to 9 per cent of gross added value of Spanish food and drink sector.



Indusfood is a tradeshow, the second edition of which will be held in Greater Noida (NCR Delhi) 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 and are gearing up for B2B meetings and business tie-ups with Indian food suppliers.



It 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.



The Indusfood-I, held in early 2018, was a big success that saw international buyers from 43 countries and 320 Indian exporters, from 12 categories of Food and Beverage industry, generating an estimated business of USD 650 million.

The Indusfood-II is expected to see the participation of more than 600 global buyers from around 50 countries.



The TPCI is committed to promoting value added packed Indian consumer products in the F&B segment by establishing direct contacts with the major retailer chains of the world. This leads to popularisation of Indian taste and culinary traditions with Indian ready-to-eat products.

Over 75 global retailers with high regional penetration and market size such as Panda of Saudi Arabia, Magnet of Russia, BIM of Turkey or Rewe of Germany and many more will be present during the show with their purchase teams which will give direct access on the international platform to Indian brands.

TPCI’s efforts are to put India on the global F&B map and establish it as a global market in the food trade giving India the much needed recognition as a major player in the global food value chain, according to an official statement here on Monday.

UNI RSA SY 1608

More News

Finance panel chief praises Telangana schemes

19 Feb 2019 | 8:03 PM

Hyderabad, Feb 19 (UNI) The 15th Finance Commission Chairman H K Singh said on Tuesday that the development and welfare schemes launched by Telangana were a model to other states.

 Sharesee more..

Finance panel chief praises Telangana schemes

19 Feb 2019 | 7:59 PM

Hyderabad, Feb 19 (UNI) The 15th Finance Commission Chairman H K Singh said on Tuesday that the development and welfare schemes launched by Telangana were a model to other states.

 Sharesee more..

GeM platform to eliminate middlemen, says Prabhu

19 Feb 2019 | 7:57 PM

Solan, Feb 19 (UNI) The Union government has launched the Govt e-Marketplace (GeM) platform from Tuesday on wards to felicitate and promote industry in the country.

 Sharesee more..

Kottayam-Kochi Rubber Market Rates

19 Feb 2019 | 7:33 PM

Kottayam, Feb 19 (UNI) Following were the Rubber Market rates
announced by the Rubber Board here today (per quintal).

 Sharesee more..

Tuna long liner cum gillnet fishing vessels flags off

19 Feb 2019 | 7:18 PM

Kochi, Feb 19 (UNI) The First batch of Four (4 Nos) Tuna Long Liner Cum Gillnetter Fishing Vessels designed and built by Cochin Shipyard Limited, for fishermen beneficiaries of Department of Fisheries, Government of Tamilnadu was flagged off here on Tuesday by Tamil Nadu Chief Minister Thiru Edappadi K Palaniswamy.

 Sharesee more..
image