'World Food India 2017' to transform food economy

Putting an end to the anticipation, the much awaited international mega food event is about to commence in the Capital. 'World Food India', organised by the Ministry of Food Processing Industries, will welcome the biggest congregation of global investors and business leaders of major food companies. The event aims to transform food economy and realize the vision of doubling farmer's income by establishing India as a preferred investment destination and sourcing hub for the global food processing industry.

As global and Indian food companies prepare to explore business opportunities in India at the event, MoFPI and FSSAI, the apex Regulatory body for food safety in India, will launch an incredibly powerful new tool called 'The Food Regulatory Portal.' Aiming to create an enabling environment for businesses to operate, the portal is strategically aligned with Government's mission of One Nation, One Food Law.

The convention is scheduled to be inaugurated on November 3 by the Prime Minister Narendra Modi, along with Maris Kucinskis, Prime Minister of Latvia and Serzh Sargsyan, President of Armenia. However, the valedictory Session on November 5, will be addressed by Ram Nath Kovind, President of India.

Also, exclusive CEOs roundtables have been scheduled with Prime Minister, Arun Jaitley, Minister of Finance and Corporate Affairs and Suresh Prabhu, Minister of Commerce and Industry, along with CEOs of leading global and Indian food processing companies. A total of 60 Global CEOs including Asia Pacific (APAC) leadership of leading companies will be interacting with leading CEOs from 100+ top Indian food processing leaders.

As is evident, World Food India 2017 has received tremendous response globally, attracting participation from more than 40 countries, 27 state governments.

Speaking about the event, Harsimrat Kaur Badal, Minister of Food Processing Industries said, "We have a vision of transforming Indian food economy by bringing latest technologies evolution and best practices into the system. We are working towards easing the process of doing business for global and domestic industry players as well as bringing in new talent to achieve India's greatest potential in the coming years."

During the event, an Investor Facilitation Portal "Nivesh Bandhu" will be launched to assist investors to make informed investment decisions. The exhibition spread over 40,000 sq meters in lawns of India Gate is expected to attract significant footfalls. A special feature of the Event is the "Food Street" – a lively vibrant zone, that will showcase Indian and foreign cuisines using Indian ingredients, flavours, and fragrances. The event is supported by Ministry of Agriculture and Farmer's Welfare, Ministry of Commerce and Industry, Ministry of Tourism, Ministry of Development of North East Region, Ministry of External Affairs etc.