Indus Food, a food and beverage trade fair, saw business enquiries worth $1 billion (about ₹ 7,000 crore) which would materialise in the upcoming months, said the Trade Promotion Council of India (TPCI) on Wednesday.
The two-day food fair, which provides business opportunities to domestic producers and manufacturers, concluded on Tuesday at Greater Noida.
“We had 800 global buyers from 78 countries who participated in the fair. This year, we managed to secure business transactions worth over $1 billion,” TPCI Chairman Mohit Singla said.
Supported by the Department of Commerce, Indus Food is a global trade show to maximise business opportunities for the food and beverage industry.
This time, he said, the fair focused on small and medium enterprises (SMEs) for export business by bringing buyers to their doorsteps and creating opportunities for producers of value-added and organic products.
“Doubling of farmers’ income will happen if the business grows. With the government itself working towards the identification of most prominent global buyers, the benefit will percolate to farmers,” he added.
The fair is one of the most comprehensive and expansive show on the global food and beverage industry.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.