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Indian Embassy to hold series of bilateral trade promotion events

publish time

05/09/2024

publish time

05/09/2024

Indian Embassy to hold series of bilateral trade promotion events

KUWAIT CITY, Sept 5: The Indian Embassy in Kuwait is organizing a series of bilateral trade promotion events in the food, agro, and beverages sectors from September 8-10, 2024. The event will be organized in collaboration with the Trade Promotion Council of India (TPCI), an apex trade and investment promotion organization is organizing an exclusive Buyer Seller Meet (BSM) in the Food and Beverages (F&B) sector on 8 September 2024 at the Hotel Grand Majestic, Kuwait City. A delegation of 10 leading Indian F&B companies will be showcasing a variety of products during the event.

The Embassy, in association with the Federation of Indian Export Organizations (FIEO) and the Kuwait Chamber of Commerce & Industry (KCCI), will be organizing a Buyer-Seller meet in Food and Agro Products 9-10 Sept 9 and 10 at the KCCI Exhibition Hall. A delegation of around 30 Indian companies will exhibit a product range consisting latest trends and innovations in the Indian food and agriculture sector, food processing, food packaging, etc. during the event. The Ambassador of India to Kuwait, HE Dr. Adarsh Swaika will inaugurate both events at Hotel Grand Majestic and KCCI Exhibition Hall respectively.

India’s total export of food and agro products to Kuwait was valued at USD344.36 mn in FY 2023-24. There is a significant potential for greater bilateral trade in this sector given that India is one of the top producers of agro and food products with the Indian food industry currently valued at $258 billion. India has the second largest arable land available for agriculture and it produced 278 million tonnes of food grains last year, including rice and wheat. India is ranked number one in the world in the population of livestock and production of milk and buffalo meat, and number two in the production of fruits and vegetables, eggs, and goat meat. India is the third largest producer of poultry meat.

The proposed BSMs will feature a new range of products where exhibitors will present advancements in organic farming, food safety standards, and sustainable agricultural practices. Visitors can expect to see product innovations such as alternative proteins, fortified foods, and advanced food preservation technologies, which promise to open new markets and consumer segments. The visiting delegations will also hold B2B meetings with the prominent importers, hypermarkets, and retail stores in Kuwait. FIEO delegation will also be participating in a Business networking session organized by the Indian Business Professionals Council (IBPC). Both events are open for B2B meetings.

By Paulo Francisco X. Fernandes
Arab Times/Al-Seyassah Staff