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Investment: World Food India 2023 signs Rs.33,129cr MoUs

Fiinews by Fiinews
November 8, 2023
in Investment
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President Droupadi Murmut graces World Food India 2023.

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Paras discussed global partnerships with visiting industry stalwarts

Leading companies in F&B have signed Memoranda of Understanding (MoUs) worth Rs.33,129 crore at the World Food India 2023 which was graced by the President of India Droupadi Murmu.

Companies such as Amul, ITC, Mondelez, Kellogg’s, AB InBev, IB Group, Balaji Wafers, Ananda Dairy, Fertis, and Bikanerwala were among the MoU signatories, the Ministry of Food Processing Industry (MoFPI) said on the concluding day 5 Nov.

Participants from the Netherlands, the US-India Strategic Partnership Forum, Brazil and the UAE noted growth opportunities in India’s food processing sector.

The event also hosted knowledge sessions by The Netherlands and Japan, promoting knowledge exchange and best practices.

Minister of Food Processing Industries Pashupati Kumar Paras participated in six G2G meetings and held discussions with Ministers of Fiji and Mauritius, focusing on global partnerships in the food processing sector.

He also engaged in talks with dignitaries from Greece and Lebanon, highlighting the event’s commitment to international cooperation. Discussions with the Minister of Agro-Industry and Food Security from Mauritius and a Member of Parliament from Australia emphasized the event’s emphasis on knowledge sharing and international ties.

Among the event’s highlights was the Technology and Sustainability Pavilion, which spotlighted cutting-edge innovations in the food industry, signaling a shift toward more eco-friendly and resilient food production practices, MoFPI said. fiinews.com

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