18 MARCH 2018
A newly created show to answer a booming Indian market as
well as international food and beverage companies’ expectations
is being promoted to Kiwi businesses looking to export.
Members of the New
Zealand team (from left):
G2G Know-How managing
director Malcolm Millar,
New Zealand Apples &
Pears chief executive
Alan Pollard and Plant &
Food Research business
development manager
(commercial group) Greg
Pringle.
A BOOMING ECONOMY
WITH UNDISPUTED
POTENTIAL
• The fastest-growing economy in
the world (+7.6% per year)
• 1.3 billion consumers
• 4th-largest economy in terms of
purchasing parity
• A middle class that will
represent 300 million
inhabitants by 2025
• 2nd in terms of total food
production globally
• By 2020, India will have 900
million people of working age,
and the average age of its
citizens will fall to 29.
PROACTIVE CHANGES IN
GOVERNMENT POLICIES
• Attractive fiscal incentives
• India’s most significant tax
reforms in decades (GST) in
place since July 1, 2017
• 100% FDI in retail marketing,
including via e-commerce, of
food products that are produced
and / or manufactured in India
• 42 mega food malls to be
opened across the country
in the next four years
• Single-window clearance
• Significant investments in world
class ports, logistics and supply
chain infrastructure.
LOCAL FOOD DEMAND
DRIVES IMPORTS AND
INVESTMENTS IN FOOD
PROCESSING
• Opportunity for investors across
the food processing supply
chain
• The food processing market is
expected to grow by 100% by
2020
• The food processing sector 1st
in terms of employment and
number of factories in operation;
3rd in terms of output.
RETAIL & FOOD CHAINS
• The industry grew by 7.1% in
2013-14, and the online food
delivery industry by 150% in
2016
• Modern-trade penetration is
expected to grow rapidly over
the next five years
• Major international retailers
and food chains already in
(Wal-Mart, Amazon, McDonald’s,
YUM!, Starbucks, Subway,
Burger King, Worldwide &
Wendy’s).
India’s growing demand for dairy products,
coupled with a limited domestic ability to
meet that demand, will create opportunities
for exporters in New Zealand. US-based
agribusiness expert Professor Bill Bailey
says India has “massive” potential for both
the US and New Zealand, as both countries
have worked hard to enhance and broaden
opportunities to increase exports to India…
particularly for food and agricultural products.
Bailey – in a recent report for the ASB – says
the changing political climate in the US,
particularly relating to trade policy, has perked
up Indian exporters. Projections that India
will overtake China and become the world’s
most populous country by the mid-2030s will
radically change exporting opportunities, as
India relies less on imports of agricultural
and food products than China. In 2015,
India imported $US23 billion of food and
agricultural products, whilst China imported
about $US160 billion worth. The Indian
INDIA POTENTIAL
WHY
INDIA?
Food India, which will be
held from September 16
to 18 in New Delhi, will
attract 8500 quality trade
visitors and showcase 250
local exhibitors of food
and beverage (including
wine), equipment (including
bakery and confectionery),
and catering products. For
international exhibitors, a
dedicated package is available
integrating a booth, a
hosted buyer programme,
local store tours and legal
workshops to enable companies
to make the most
out of their participation.
India’s minister for the
food processing industry
Harsimrat Kaur Badal says
an ‘incubator’ offer to gain
a foothold in the Indian
food and beverage market
with a maximum ROI and
added-value services over
the three days of the show
will provide a professional
platform full of opportunities.
“We take absolute
pride in hosting Food India
inspired by SIAL,” she says.
“This platform offers a big
window to the consumers
and producers of India into
food diversity and variety.
The support from the government
is a strong backing
to this wonderful association.
India is a country full of
opportunities and demands,
the only missing factor
being the right platform to
leverage the same. Food
India inspired by SIAL
will help us broaden our
horizons and discern the
potential of the Indian food
market.” Organiser Rajan
Sharma says the link with
SIAL gives the new show
an established reputation.
“India offers so many opportunities;
there is certainly
one for international compa-
FOOD INDIA