NEW DELHI – Prime Minister Narendra Modi will on Friday inaugurate World Food India 2017, the biggest congregation of global investors and business leaders of major food companies, an official statement said.
Organized by the Food Processing Industries Ministry here, the three-day event aims to transform food economy and realize the vision of doubling of farmers’ income by establishing India as a preferred investment destination and sourcing hub for the global food processing industry, the statement said.
This is the first time that India is hosting such an event for the food processing sector.
After the inauguration from Vigyan Bhavan, the Prime Minister will visit the Food Street at India Gate lawns.
“World Food India platform will strengthen India’s position as a global food factory and is a positive step towards making the country food secure.
“India is expected to attract an investment of $10 billion in food processing sector and generate one million jobs in the next three years,” the statement said.
During the event, India would host over 2,000 participants and 200 companies from around 30 countries.
Apart from representatives of 28 states, the event would also see participation of 18 ministerial and business delegations, nearly 50 global CEOs along with CEOs of all leading domestic food processing companies.
While Germany, Japan and Denmark are partner countries for the extravaganza, Italy and the Netherlands are the focus countries.
The event will witness specially curated experiential platform by chef Sanjeev Kapoor which will showcase Indian and foreign cuisines using Indian ingredients, flavors and fragrances.
A massive exhibition spread over 40,000 sqmt at the India Gate lawns — where more than 800 global companies representing 22 countries and domestic companies will be exhibiting — is expected to attract significant footfalls, the statement said.