In a first-of-its-kind initiative by the Union Government, the Department of Commerce (DoC) along with Trade Promotion Council of India (TPCI) on Tuesday launched “Indus Food”- a mega international food and beverage trade show- in a bid to showcase India’s diverse and wide range of food products to global consumers.
Coined as “World’s Food Supermarket”, the event aims to provide a common platform for food exhibitors to display their products in the “global arena” and connect with their global counterparts while eyeing to present a wide variety of local products viz. dairy products, spices and poultry among others to over 500 international purchasers and importers.
Flagging off the trade event, Minister of Commerce & Industry (I/C), Nirmala Sitharaman said, “the Commerce Ministry is continuously taking steps to improve the prospects of India’s trade and commerce and as part of its ongoing effort has taken this initiative to create a mega food show which aspires to establish itself among the best food shows in the world”, adding that the international show will enable farmers to realize better price for their farm products.
The unique venture comes as a major boost to the expanding domestic food processing market providing a push to employment and revenue generation in one of India’s fastest growing segments while reinterating India’s position in the global food industry
“Indus Food is a brilliant initiative that will provide a much-needed platform to Indian exporters to connect, network and explore new partnerships with global buyers. India remains a strategic location with prosperous crops and suitable climate despite a consistent decline in food exports for the past two years “said Rita Teaotia, Secretary, Department of Commerce, pressing the essentiality of the trade event on the country’s agro-economy.
The ingenious move by the BJP-led Government which aims to offer a “global trading hub” to farmers is being seen as taking precedence from the UPA’s Mega Food Parks Scheme (MFPS) which provides financial assistance to farmers for food production process.