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India Expo Centre & Mart to host IHE19 in Greater Noida from August 7
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Friday, 01 February, 2019, 08 : 00 AM [IST]
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Our Bureau, New Delhi
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After the tremendous success of the 2018 edition of the India International Hospitality Expo (IHE18), India Expo Mart Ltd (IEML), the organisers, are set to kick off the second essay of the show, IHE19 @ India Expo Centre and Mart, Greater Noida, Delhi NCR, between August 7 and 10, 2019.
India is one of the fastest-growing economies in the world, thereby demonstrating a strong business case for the global food and beverage industry.
Food and gastronomic science, henceforth, is definitely the future of hospitality at home and overseas, and there are no second thoughts about that.
Before divulging further how IHE19 plans to ride on this global wave, here are some facts that need to be analysed:
n The F&B industry is the fifth-largest sector in manufacturing in the world
n The Indian food and grocery market is the world’s sixth largest, with retail contributing 70 per cent of the sales
n Between April 2000 and June 2017, the Indian food processing sector received FDI (foreign direct investment) worth $7.81 billion, making it the 13th-largest sector receiving FDI in the country
n The organized food service industry i.e restaurants is projected to grow rapidly at a CAGR (compound annual growth rate) of 16 per cent and its market value is expected to reach Rs 1,45,770 crore ($28 billion) by 2018
IHE has been curated in tandem with the vision of becoming the greatest, grandest and biggest hospitality show in Asia.
And an essential milestone of achieving this spectacle is to harness the opportunities in F&B, the most promising sector of the industry.
As the world evolves into witnessing food and culinary arts transition from being a mere product of sustainability to a full-fledged trillion-dollar industry, it was time that IHE 19 gave India the future of food.
From inviting Michelin Star chefs to having the best-in-the-business food connoisseurs heading panel discussions on latest practises around the globe, IHE 19 is planning to go all way out.
Additionally, we will also be hosting culinary theatres with renowned chefs from the country, masterclasses where you get to learn the expertise from these stalwarts, food awards honouring legends, celebrity bakers who are social media sensations, demo workshops of the latest equipments by food influencers and more such extraordinary aspects inspired by celebrated food shows from across the world.
With a robust strength of 650 exhibitors and 15,000 decision-makers, IHE19 promises to attain record heights of success by making the hospitality industry a catalyst for economic growth in the country.
(Sources: Forbes, Economic Times, ibef.org)
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