The 6th edition of IndusFood, the largest integrated F&B trade show in South Asia and the biggest ever edition concluded at Hitex, Hyderbad on 10 January.
It was for the first time the Trade Promotion Council of India, organized it outside Delhi at Hyderabad. TPCI is the organizer of the IndusFood, which is a notified trade body in the Foreign Trade Policy and approved by the department of commerce, Government of India.
The show has attracted 1300 major international buyers from 80 plus countries. Neary 600 Indian companies with export-oriented products put up their stalls. The three-day event is expected to negotiate aggregate business deals worth US$ 1 billion+. Indus Knowledge Hub, a novel initiative to fuel knowledge-driven collaboration unveiled at IndusFood at Hyderabad. The Telangana Government had the special pavilion. 11 MSMEs from the state showcased their products.
Indusfood was able to bring institutional buyers from the remotest corners like French Guinea, Mangolia, Papua New Guinea, Reunion, Seychelles, Sierra Leone, Sint Maarten, Syria, Togo and Turkenistan informed Mohit Singla, Founder Chairman TPCI.
One of the major features of this year is the presence of mainstream buyers in large numbers, which has so far been a critical challenge for Indian exporters.
Indusfood 2023 has given focussed attention to domestic F&B opportunities, considering the strong growth potential in the Indian market. A number of modern trade players, eCommerce firms, QSRs, airlines and startups from India were present at the marquee event.
Millets, the wonder crop to combat climate change, were the spotlight product category at Indusfood 2023. This is in commemoration of the International Year of Millets 2023, announced by the UN General Assembly. The event featured an extensive range of millet-based food products, sessions by industry experts and exclusive millet recipes by celebrity chefs.
Indusfood 2023 featured a variety of food & beverage products from India, including raw and processed, alcoholic/non-alcoholic, organic, healthy, plant-based, ready-to-eat and ethnic, across over 16 zones. This year, an unprecedented number of promising F&B start-ups exhibited at the event. Furthermore, plant-based food, health food, organic and dairy categories have seen stronger participation.