New Delhi, Jul 14 (UNI) To explore and harness the untapped potential of the Indian food processing industry, Confederation of Indian Industry (CII) is organising a summit cum buyers-sellers meet 'Processed Food-Advantage India 2008' here on July 17.
The two-day summit will see over 30 global buyers participating at the event.
Supported by the Ministry of Commerce and Industry and the Ministry of Food Processing Industries, the summit will be inaugurated by Food Processing Industries Minister Subodh Kant Sahai.
The event will see participation from buyers like Auchan International; Gate Gourmet, Singapore; Hang Fong Trading Enterprise; Western Gourmet; Tesco; Metro; Sysco; Spinneys; Xongdur Thai Organics food etc.
Some of the participating companies from India are Britannia Industries Ltd; Kaventer; Rasna International; MTR Foods; Tasty Bite; Safal; Priyagold and Tea Board of India.
''India has a significant supply capacity for value-added products and processed food, but to harness that potential, the sector needs to gear up to align itself to real-time demand pull, which is the increasing international taste for Indian foods.
Internationalising tastes and a strong emergence of 'Brand India' has increasingly led to the wide acceptance of Indian cuisine globally,'' said Rasna International Ltd CMD Piruz Khambatta.
Currently, India's share of global trade in the value added processed food sector is less than 0.03 per cent which is estimated to be worth 3.2 trillion dollar.
UNI SR AK GC1913