World Food India 2020
23 – 25 September 2020
Vigyan Bhawan, New Delhi
TRANSFORMING THE FOOD ECONOMY
The Opportunity Is Here
With a massive food market that is fast-expanding, exciting growth in the retail sector, and attractive economic policies and fiscal incentives, India’s food ecosystem is the place to be in. Join in transforming the food economy by leveraging opportunities along the food value chain.
Among the fastest growing economies in the world
Largest producer of several agricultural commodities
1.3 Billion consumers with increasing demand for branded food
The 5th largest economy in terms of purchasing parity
Proactive government policies with attractive fiscal incentives
Significant investments in world-class ports, logistics, and supply chain infrastructure
Rich demographic dividend with a high focus on skill development, availability of skilled personnel
Opportunity for investors across the food processing supply chain
A favorable economic and business environment
India’s GDP growth in 2016 stood at 7.6%.
Large skilled workforce.
100% FDI through automatic route in food processing.
100% FDI in retail marketing, including through e-commerce, of food products that are produced and/or manufactured in India.
Proactive policy support.
A dedicated investors portal has been set up by MoFPI aimed at easing the process for investors: http://mofpi.nic.in/
A dedicated investment promotion and facilitation agency called Invest India, set up by the Government: http://www.investindia.gov.in/
The advantage of Food Processing Sector in India
India ranks 2nd in terms of total food production globally
Indian ranks 1st in the world in terms of production of milk, bananas, mangoes, guavas, papayas, ginger and okra
India ranks 2nd in the world in production of green peas, potatoes, tea, tomato, sesame and many other key commodities
The food processing sector ranks 1st in terms of employment and number of factories in operation and 3rd in terms of output
The industry has witnessed a growth 7.1% during 2013-14, much higher than the growth in agriculture sector and at par with the manufacturing sector
Strategic geographic location and proximity to food-importing nations makes India favorable for the export of processed foods
The sector has a total of 37,175 registered units with fixed capital of nearly USD 24 Billion and aggregate output of around USD 114 Billion. Major industries constituting the food processing sector are grains, sugar, edible oils, beverages and dairy products
About World Food India
A global event to facilitate partnerships between Indian and international businesses and investors, World Food India (WFI) is a gateway to the Indian food economy and an opportunity to showcase, connect, and collaborate.
Organized by the Ministry of Food Processing Industries, Government of India, WFI will be the largest gathering of investors, manufacturers, producers, food processors, policymakers, and organizations from the global food ecosystem. It aims to provide opportunities for both investment and trade in the food processing sector for leading Indian and international companies. Encompassing the entire food spectrum from production to consumption, WFI is looking at creating a better sourcing environment, thereby enabling higher returns for farmers, creating employment, and fostering entrepreneurship.
WFI is being held in partnership with Confederation of Indian Industry (CII), at New Delhi, India from 3-5 November 2018.
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