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Transforming The Food Economy
3-5 November, 2017 | Vigyan Bhawan, New Delhi, India

Session Details

World food India (WFI) is an opportunity for Indian and international businesses, investors, and government bodies to showcase, connect and collaborate. The conference will consist of various sessions aiming to share understanding and opportunities across the food economy to facilitate partnerships and propel growth.

List of conferences at WFI 2017

World Food India 2017 proposes to have Partner Country(s). The Partner Country is expected to bring a high level Ministerial as well as business delegation to the event. Additionally, the Partner Country will also put up a vibrant exhibition at the country pavilion.

An exclusive session will be organized for the Partner country to showcase its strength in food processing, present opportunities for India to leverage, explore complementarities for partnerships through JVs or collaborations and also highlight specific requirements for sourcing, import etc from India.

World Food India 2017 proposes to have Partner States. The Partner States are expected to bring a high level Ministerial as well as business delegation to the event. Additionally, the Partner State will also put up a vibrant exhibition at the state pavilion.

An exclusive session will be organized for the Partner State to showcase its strength in food processing sector in terms of production base, policy environment, fiscal incentives, infrastructural support etc. The Partner state will also get an opportunity to showcase ready investable projects in the states, progressive farmers / FPOs who can be tapped to meet sourcing requirements on the companies etc.

In addition, there will be other state sessions/focus country sessions based on participation.

The Ministry of Food processing has undertaken various focused initiatives to build on the Indian advantage and boost growth in the food processing sector. 100% FDI in food retail for food products manufactured / produced in India; creation of huge capacity by way of Mega Food Parks and Cold Chain projects; slew of tax exemptions extended to the cold chain sector; reforms to improve the ease of doing business; attractive incentives viz capital subsidies, tax rebates, reduced custom and excise duties; creation of an enabling regulatory environment are a few steps initiated by the Government.

To understand the response of the industry both domestic as well as global to the reform processes initiated by the Government and to take stock of any pending issues that still need to be resolved a close door session of select CEO's from International as well as National food processing companies with Hon'ble Prime Minister of India will be organized. The session will help the industry understand the vision of the Ministry and will give the policy makers an insight into the expectations from the industry and their ask in terms of policy and procedures.

India with a population of 1.3 billion, ~ 30% of which is middle class having growing disposable income, is poised to be one of the largest markets in the near future. Clear insights of the on ground policies and practices can be a strategic competitive advantage to unlock the huge market potential on offer by India.

An exclusive session on India immersion is designed to provide potential investors a holistic overview of the Indian context as well as specific insights into policy and regulatory issues as required. The session will provide detailed insight in the policy environment in Indian food processing sector to provide potential investors a clear picture of the opportunity India offers. Also the various Government agencies established for investor facilitation and hand holding will brief the participants on the role they can play in planning and hand holding them in India entry.

Indian food processing sector has a huge opportunity to offer and global companies can take advantage of its liberalized foreign investment rules, readymade infrastructure and improving ease of doing business environment.
The session will showcase investible opportunities as well as have experience sharing from established MNCs in India and established Indian brands that. This objective will be to showcase India as a preferred investment destination.

An enormous amount of work is being done by the Food regulatory in India the Food Safety and Standards Authority of India (FSSA). Specifically the harmonization of the food additives standards with Codex, formulation of new regulations on Nutraceuticals, and Food Recall will go a long way in creating an enabling environment for food businesses.

In addition, to boost trade, regulations have been defined for import of food products in India with specific provisions for risk based sampling procedures to reduce the current turn- around times at ports. This is helping enormously to streamline the process of imports in the country, thereby ensuring inflow of safe food for consumption.

With changing consumer's preference towards nutritious & healthier diets, a framework has been laid to regulate the fortification and enrichment of food with vitamins & minerals through comprehensive regulations and a logo has been introduced for consumer awareness. This creates opportunities for the food industry to invest in product innovation and research and development to strengthen their portfolio of healthier choices.

The session will provide an update on all the initiatives undertaken to develop science-based globally compatible regulations and to encourage a culture of food safety in the country, thereby enabling an environment for investments in the food processing sector.

Access to affordable credit is a key requirement to boost growth in various sub segments of the food processing sector. Taking cue of this the Government has included credit to food processing under priority sector lending; also a special fund is created under NABARD for easy credit flow.

The session will be a platform to generate ideas on further easing credit availability and access to the sector.

There is a lot of rationalization in the tax structure currently underway with implementation of GST on the anvil. The session will focus on the taxation structure in the country, impact of GST on the food processing sector and also concerns of the industry, both global and domestic, if any.

India offers the largest diversified production base which is the key advantage of the Indian food processing sector.

  • India is the 2nd largest producer of fruits and vegetables and produces approximately 13.6% of fruits and 14% of vegetables produced in the world.
  • On the dairy front India ranks first in milk production, accounting for 18.5% of world production . Indian dairy sector is amongst the largest and fastest growing markets in the world and is expected to grow by 13-15% CAGR in the coming years .
  • Indian Poultry Industry is one of the fastest growing segments of the agricultural sector today with annual growth rates of 5.57 percent and 11.44 percent in egg and broiler production, respectively .

These production advantages put forth massive opportunities for industries engaged in food processing, equipment manufacturers, service providers like aggregators, financial institutions, as well as small and large entrepreneurs. Advantages in segments such as dairy, meat & poultry also put forth huge opportunity for automation, integration etc.

To build on the India opportunity an exclusive session on sub-sectoral opportunities will be organized to highlight specific opportunities for processors, sourcing teams, technology and service providers etc as well as policy and fiscal incentives (center as well as state) for the various sub segments viz Fruits & Vegetables, Dairy, Cereals, Poultry and Sea Food.

The cold-chain sector in India is a thrust area and finds support from the government in form of various fiscal incentives. With the onset of GST regime in India, it is expected that the whole logistics chain (intermediaries, aggregators, etc.) will have a uniform operating environment resulting in reduced variability in the costs incurred. This will make the investor potentially be free to design their logistics network.

Though India is a leading producer of food in the world, we are yet to tap our export potential. To enable export options, India's greatest need is for effective cold chain solutions that will integrate the supply chains for agri commodities from their production centers to multiple consumption centers. Secondly there is the need to set up right infrastructure at port gateways with phyto-sanitary facilitation. These gateways need to be directly linked via rail, road or waterways to farm-gate collection and packing houses.

In light of the above developments in the country the session will highlight the various investment opportunities available in Indian Market and present the interventions needed to strengthen the supply chain, and create the required infrastructure at right location be it at farms, markets or at ports that would facilitate the farmers/ producers to increase their market reach and opportunities to enhance farmer incomes.

The Indian food retail market is expected to reach Rs 61 lakh crore (US$ 915 billion) by 2020. Top countries investing in FDI in the food processing sector are US, Germany, UAE, UK, Switzerland, Singapore, Thailand, Italy etc .The rising FDI into the Indian food sector from Food giants across the world in different sub segments is a testimony to the global interest in the Indian markets.

Allowing of 100% FDI through FIPB route in marketing of food products produced and manufactured in India is a path-breaking initiative that has opened up vast opportunities for international companies to invest in India in the food processing supply and marketing chain.

The session of Food Retail will discuss opportunities offered in the food retail sector, benefits for different stakeholders and highlight key issues and suggestions for the integration of the entire supply chain and the backward integration needed for the retailers. In addition, this session will help highlight and showcase the experiences of the National and International retail chains, and how they have gone about creating private label brands.

The growth in the Indian food processing industry coupled with the recent issues of food quality, safety and hygiene are pushing the demand for more sophisticated machinery and equipment.

In 2013, India imported food processing and packaging machinery worth EUR53 million . According to German Engineering Federation, in 2013, out of the total import volume of food processing and packaging machinery from Germany to India (estimated to be EUR132.4 million), the highest share of machinery import was packaging machinery, with a total volume of EUR79.1 million.

Given the dominance of small and medium, players in the food processing segment cost of the machinery also becomes a critical factor. Given that a large number of specialised equipment is being imported the cost becomes high so there is scope for establishing manufacturing base for the machinery and equipment within the country.

Further to increase the technology uptake the Government is providing specific incentives to the sector in terms of duty reductions, duty exemptions etc.

The session will discuss the technology and equipment appetite of the Indian food processing industry in detail, favourable incentives available to the importers as well as manufacturers and the scope for future growth.

Niche segments viz - Organic, traditional food, ingredients, ready to eat, confectionary, beverages etc that very till now considered premium are today gaining traction amongst a larger population. India has the potential to progress in these segments in a big way.

For example the domestic organic food market would touch the $1.36 billion mark by 2020 . As per the government data, organic farming is practiced in 12 states in about 4.72 million hectares. In 2013-14, organic food production was 1.24 million tons. The current growth in the organic food market is driven by rising health consciousness, changing lifestyles, mounting disposable spending and growing availability of organic food products in shopping malls and retail outlets. Similar growth is forecasted for other niche segments as well.

The session will highlight specific opportunities, policy and fiscal incentives (center as well as state) for the various niche segments.

There is a huge potential in the Nutraceutical food industry in India. Vitamins, fortified milk drinks, pre - prepared diabetic meals, pro-biotics, beverages, herbal supplements, slimming products, and more, all come under the umbrella of Nutraceuticals. Though, at a nascent stage, the Indian Nutraceuticals sector is strongly positioned for growth. The Nutraceuticals market of India was estimated to be around USD 2.4bn in 2015 and was projected to grow at a CAGR of 17% . Dietary supplements specifically herbal & dietic supplements are expected to be the greatest opportunity areas.

India is well positioned to become one of the Nutraceuticals hubs with stronger potential among the emerging markets given its ideal location for manufacturing Nutraceuticals products due to the immense wealth of biodiversity as well as availability of medicinal & herbal plants and good quality produce of fruits and vegetables.

The session will discuss the new regulations formulated on Nutraceuticals. Focus will also be on discussing industry issues viz availability of processable varieties, organized farming etc and further expectations.

Aggregation is one of the most effective means of reducing the risk in agriculture and strengthening the livelihoods of small and marginal farmers. By collaborating through farmer groups and FPOs, farmers have better capacity for and access to technical know-how on crop planning and management, inputs (including seed production), credit, post-harvest management, value addition, marketing infrastructure and better market linkages. The aggregation approach also helps small and marginal farmers in accessing various benefits of government schemes for rural development. India is picking pace on this front and the progressive FPO's can be connected to international buyers with demand for Indian ingredients viz- spices, tea, coffee etc.

The session will focus on highlighting the strong FPO network, geographical distribution and sourcing capabilities to help foster international tie ups. Focus will also be on how to further strengthen and scale up the model.

Driven by technology start ups are the new buzz word today and the food sector is no exception to this. The session will provide a platform for experience sharing by the start ups and will also highlight new opportunities in the segment.

Development of food processing fosters agricultural growth and help farmers with a better price for their produce and sense of income security. Given the critical role that food processing can play in achieving the vision of doubling farmers' incomes the session will highlight areas where a match making between productions and processing clusters can help and will also highlight the infrastructure and backward linkages that are a pre requisite for flourishing food processing sector.

Availability of skilled man power increases efficiency in operations. The session will discuss roadmap for creating a robust and vibrant eco-system for quality education and skill development in the Food Processing Sector in the country.

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