FoodTech India expects to clock Rs 30 crores of business-to-business (B2B) transaction

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Eastern India’s largest annual business-to-business (B2B) exhibition on food and hospitality industry – the 16th International Food Tech India Bakery Tech & Hotel Tech Exhibition – is expecting to clock Rs 30 crores of business-to-business (B2B) transaction in the four-day exhibition. The Exhibition being held at the Science City Exhibition Complex had notched up spot B2B transactions worth Rs 20 crore last year. The Food Tech India 2017 Exhibition would be on till October 29, 2017, and open each day from 10:30 am till 6:30 pm. The Exhibition will expand its footprint beyond India for the first time and hold an Exhibition in Dhaka in association with the Dhaka Chamber of Commerce and Industry (DCCI).

 

The Food Tech India Exhibition, which is held in Kolkata, Delhi, Bangalore recently made its debut in Guwahati. “From next year we shall open our Bangladesh chapter by taking this FoodTech Exhibition to Dhaka next year in association with the Dhaka Chamber of Commerce and Bangladesh Auto Biscuit & Bread Manufacturers Association,” said Mr Zakir Hossain, Regional Head of N K Kapur & Company and the Chief Convener of the International Exhibition.

 

This year over 100 foreign and Indian companies and global brands are participating in the Exhibition, showcasing their latest products and technology.  “The 16th Food Tech India 2017, is bullish on growth through joint ventures, collaborations, industrial licences and 100% export-oriented-units (EoUs). Many foreign companies have evinced interest in India and are scouting for business opportunities in the food and hospitality sector. Food Tech India 2017 offers a perfect B2B platform for foreign and Indian companies in the areas of food production, food packaging, food and the hospitality sector,” said Mr Zakir Hossain said.

India is the largest milk and the second largest fruits and vegetables producer and also has the largest livestock population (512 million approx) in the world contributing 25 per cent of India’s farm GDP. Consumer spending in India is set to grow from 1 trillion US dollars in 2015 to 3.6 trillion US dollars by 2020.

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