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“Grant of Rs 50 crore to be provided to mega food parks,” states Badal
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Friday, 15 September, 2017, 08 : 00 AM [IST]
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Anurag More and Prashant Nikale, Mumbai
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After the National Democratic Alliance (NDA) government, led by prime minster Narendra Modi, came to power, nine mega food parks became operational, and three more will be operational shortly. A grant of Rs 50 crore will be given for mega food parks.
This was stated by food processing industries minister Harsimrat Kaur Badal, who inaugurated the 12th essay of Annapoorna-World of Food India, a business-to-business (B2B) platform for the Indian food and beverage market, which commenced at Bombay Convention and Exhibition Centre, Mumbai, on Thursday.
The three-day event was organised by Koelnmesse YA Trade fair Pvt Ltd and the Federation of Indian Chambers of Commerce and Industry (FICCI).
She added, “The biggest challenge faced by the processing sector is the inadequate infrastructure. However, the government of India is working to improve the same, as it has envisaged the doubling of farmers’ incomes by 2022.”
Badal said, “I see a great response to the event this year. India is the largest producer of food in the world. We are the second-largest producer of fruits, vegetables and meat.”
“We process only 10 per cent of the agricultural produce, whereas smaller countries process over 50 per cent of it. Not only does processing help reduce the wastage of food, but it also fetches farmers an income on their produce. So it is a win-win situation for everyone,” she added.
The minister stated that food consumption patterns were now being driven by quality, health and convenience, and Indian food companies needed to upgrade technology to be competitive in the global markets and focus on ready-to-eat (RTE) food products.
The Indian food and grocery market is the world’s sixth largest, with retail contributing 70 per cent of the sales. Food is one of the largest segments in the country’s retail sector, and is expected to reach $894.98 billion by 2020.
The others who inaugurated the event included Rashesh Shah, senior vice-president, FICCI, and chief executive officer, Edelweiss Group, Rajiv Aggarwal, joint secretary, Department of Industrial Policy and Promotion (DIPP), Government of India, Kumar Rajagopalan, chief executive officer, Retailers’ Association of India (RAI), and Tomasz Kozlowski, ambassador, European Union (EU).
Delivering the welcome address, Shah said, “The Indian food processing industry is the fastest-growing industry. The minister, Badal, has taken various steps for its betterment.”
“The investment for the industry will continue to increase over the coming years. I am sure this event will help food processing companies to showcase their products and get to know what is happening in the industry,” he added.
Rajagopalan said, “It is wonderful that so many companies are participating in the event. The retail sector in India is growing, and food retail holds a share of about 60 per cent share in it.”
“We want retailers to give receipts to every customer for his/her purchase. Goods and Services Tax (GST) has changed the landscape of the business, and it will surely help the business,” he added.
Kozlowski said, “It is a real pleasure to be here at the event. EU is the official partner of Annapoorna-World of Food India this year. We have a good presence at the event.”
“India is a strategic partner for EU. Our cooperation is firm with India. In the coming months, companies from the EU member states will visit India for various summits and discussions to invest in the country. We have trade ties with India for agricultural products. We also have displayed various products at the event,” he added.
Annapoorna-World of Food India features over 250 exhibitors representing 18 countries, and also has a number of pavilions representing Indian states such as Chhattisgarh, Jharkhand, Odisha, Maharashtra and Gujarat, and an EU pavilion.
The Indian states showcased their investible projects in the food sector to the international delegates and investors.
One of the sessions at the event witnessed state-specific presentations. The presenters included Sunil Mishra, managing director, Chhattisgarh State Industrial Development Corporation Ltd, M Beena, managing director, Kerala State Industrial Development Corporation Ltd, and Vikram Kumar, joint chief executive officer, Maharashtra State Industrial Development Corporation Ltd.
Chhagan Lal Mundra, chairman, Chhattisgarh State Industrial Development Corporation Ltd, said, “Today, Chhattisgarh is one of the most happening states in the country. The state government has set up a food park in the state. We will provide full support to those who want to set up their businesses.”
Prabodh Halde, regulatory head, Marico Pvt Ltd, made a presentation about the emerging food regulations and unravelling global food trade.
He highlighted such topics as the present structure of the food processing industry in India, the changing regulations in the in food industry and the history of how these norms about food safety emerged in the world.
Giving the reference of the decision titled Tort of Negligence - 1932, Halde said, “The regulations are based on three main principles - scientific, safety assessment and risk analysis. On the basis of these three, our regulations come in force.”
“As a person belonging to the food safety industry, it is needless to say that Annapoorna-World of Food India holds a special place,” said Ashwin Bhadri, chief executive officer, Equinox Labs.
“We started half-a-decade ago with just four people and a small desk. Today, not just the technical experts but people with various profile work together to assists as many people as they can. It gives us perfect opportunity to meet new food business, interact with them, no there quires and in turn, we understand the trends problems at the grassroot level and how to improvise while providing solution to them. Over the time it has help connect many FBO's and boosted the very growth of our indian as well as our collaboration with the international food market" he added.
“It gives us the perfect opportunity to meet new food businesses, interact with them, know their queries and problems, and in turn, we understand the trends and problems at the grassroot level and how to improvise while providing solutions to them,” Bhadri said.
“Over a period of time, it has helped connect many food business operators (FBOs) and boosted the very growth of the Indian food market as well as our collaboration with the international food market,” he added.
DIPP’s Geographical Indications (GI) pavilion, themed Jewels of India, Made in India, Made for the World, was another attraction of the show. Over 50 GIs from across India are on display in this pavilion.
International Food Service India, India’s unique food service show for catering and retail technology, is being held concurrently with Annapoorna-World of Food India, creating perfect synergy for both visitors and exhibitors.
With an expected growth rate of over 25 per cent, the Indian fast food sector is attracting investments from leading global players who are looking for International standard food service and retail technology.
Annapoorna-World of Food India has a series of supporting activities, including a seminar with eminent speakers from across the globe, live cooking sessions, wine tasting sessions by reputed institutes and a live demonstration of state-of-the-art food service equipment.
On display at the event are a wide range of products and technologies, including alcoholic and non-alcoholic drinks, bread and baked products, conserves, spices, fine, health and baby foods, food additives and ingredients, fish, shellfish and seafood, products, frozen food products, fruit and vegetable products, grocery products, meat and poultry, milk, dairy and ice cream products, raw materials, rice and rice Products, sweets and confectionery, etc.
It is a must-attend event for professionals associated with airlines, bakeries, cash and carry markets/hypermarkets, clubs and resorts, departmental stores, fast food chains, food caterers, food manufacturers, food service institutions, hotels, restaurants and bars, importers, distributors, wholesalers and retailers, packaging and distribution centres, supermarkets, grocery and convenience stores, etc. Over 6,000 decision makers are likely to visit the event.
Cornitos launched the following new products: Nacho Tricolour Veggie Crisps, Roasted Pumpkin Seeds and festival gift packs.
Vaishalee Das, a visitor to the event, said, “I, being a food lover, Annapoorna-World of Food India is the perfect platform to know about the recent trends going on in the food industry.”
Ashwani Pande, managing director, Koelnmesse YA Trade fair Pvt Ltd gave the vote of thanks.
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