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IBCCI to join Delhi Indusfood show in Jan

Published : Sunday, 9 September, 2018 at 12:00 AM  Count : 123
Business Correspondent

India-Bangladesh Chamber of Commerce (IBCCI) will participate in the seconf edition of Indusfood, dubbed as the world's food supermarket, to be held in New Delhi in January 2019, IBCCI sources said.
Around 600 food and beverage (F&B) importers from about 50 countries are likely to participate in the event, according to the Indian Ministry of Commerce and Industry.
Over 350 Indian exporters and producers are expected to participate at this event, the mini9stry said in a statement.
Indian news agency IANS said: The second edition of Indusfood will be held on January 14-15, 2019 in Greater Noida in the National Capital Region (NCR). Indusfood-I, held in early 2018, saw importers from 43 countries generating an estimated business of $650 million, it said.
Following a recent meeting between TPCI Director Ashok Sethi and IBCCI President Abdul Matlub Ahmad in Dhaka, IBCCI has confirmed its participation with a strong contingent at the F&B trade fair.
"Bangladesh is already doing business with North Eastern states of India and in Indusfood-II, their contingent will be looking forward to meeting new exporters from the North East region, including the horticulture departments of these states," it said.
Some of the key products that Bangladesh is likely to source from India are fruits, spices, confectionary, agri produce, dry fruits and mustered and soya oil.
"TPCI is working to attract maximum buyers from the SAARC countries to source their food and beverage-related requirements from India," the Commerce Ministry said.
Some big buyers, including supermarket chains, from Gulf Cooperation Council (GCC) countries including Iran and Russian Commonwealth countries (or CIS) have already pledged their presence in Indusfood-II, the statement added.
"(At Indusfood-I,) international buyers and Indian sellers from 12 categories of F&B industry experienced a unique opportunity of a B2B dialogue and insight into the large basket of brands, private labels and bulk purchase of raw items that India could offer to the world," the Ministry said.

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