India is the world’s second largest producer and one of the world’s largest consumers of food products thus playing a key role in contributing to the development of the economy. Going forward, the Indian domestic food market is expected to grow by nearly 40% of the current market size by 2015 and to touch USD 258 billion by 2015 (An industry survey). According to Ministry of Food Processing Industries (MoFPI), the industry is constituted of dairy, fruits & vegetables processing; grain & oilseeds processing; meat & poultry processing; Fisheries & sea food; consumer foods including packaged foods, bakery, confectionery, beverages, Ready-to-Eat and packaged drinking water.
The food processing industry in India is witnessing rapid growth. The growth is driven by the fact that the central government has given a priority status to all agro-processing businesses. Government incentives in the field of mega food parks, cold chain and exports benefits are also playing an important role in promoting food processing. To promote private sector activity and invite foreign investments in the sector the Government allows 100% FDI in the food processing & cold chain infrastructure.
The importance of the Food Processing sector becomes more important with the fact that, India being an agrarian economy has the potential to raise farm incomes, reduce wastages, ensure value addition, promote crop diversification, generate employment opportunities as well as export earnings.
Taking a cue from the scenario, we have successfully organized four editions of FOOD FEST. It has seen an increase of 25% and 50% in the exhibitors and visitors respectively. Key2Green is now conducting the 5th edition of FOOD FEST 2016 in Lucknow. It is an International Exhibition on Food Processing, Agribusiness and Allied Sectors. The companies engaged in Food Processing, Agro-processing, Horticulture, Processing & Packaging Machinery, Food Quality & Safety, Food Bio-technology, Food Ingredients, Fresh & Processed Food Products, Cold Chain & Warehousing Technology, Banks & Other Financial Institutions etc can showcase their strength, products & services to the participants of this unique Food Expo.
The Exhibition is a meeting point for the food processors, producers, Government, Policy Makers, Industries, Media & Other stakeholders to share knowledge, discuss problems and presenting innovative solutions for the exponential growth of the Food Processing in India. The prime motive of organizing a show like this is to understand the needs & challenges of the industry and joining hands together to find novel solutions for these problems. We have planned thoroughly and assure faultless execution of this exhibition so as to bring paramount results for the participants.