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Hyderabad: On Tuesday, Indusfood, South Asia’s largest integrated F&B (Food and Beverage) trade event, came to an end. Telangana hosted the four-day F&B trade fair for the first time.
Over 550 Indian exhibitors interacted with over 1200 top-tier buyers from over 80 countries at the largest integrated F&B trade exhibition. The Trade Promotion Council of India (TPCI) ran it from January 8 to January 10 at Hitex in Hyderabad.
With numerous F&B start-ups, knowledge-driven collaboration, and sustainability, Indusfood 2023 redefines India’s F&B economy through an integrated F&B trade event. One billion dollars’ worth of export business was anticipated to be closed at the show.
Speaking at the event, Mohit Singla, TPCI founder chairman said Indusfood has provided a dedicated and powerful platform for the Indian F&B industry to promote its strengths and expand its horizons in the international market.
“Over the past five years, Indusfood has become the sole catalyst for robust growth in India’s processed food exports, by ensuring direct linkages with global buyers,” said Mohit Singla.
Singla added India’s F&B exports have been growing at a CAGR of 6.7 percent YoY since 2017 and touched US$ 42 billion in 2021. He hoped Indusfood2023 will continue this strong growth momentum both internationally and in the domestic market.