Staff Reporter –
Food Tech India 2019: Bakery Tech & Hotel Tech” International Exhibition was inaugurated today at the Science City Exhibition Complex in Kolkata. The Mega Exhibition would on till November 17, 2019. More than 150 companies and top brands from India and abroad representing the food processing and packaging, confectionery, bakery, dairy, hotel and allied services sectors are participating in the Exhibition. “This year, Food Tech India 2019 is for the first time organizing a Dairy & Ice-Cream Expo at the Exhibition which will run concurrently during the main Exhibition. This will greatly benefit nearly 4000 small ice-cream manufacturers of West Bengal, especially in the rural areas, and provide them with the latest affordable technology, ingredients, flavourings and packaging for manufacturing ice-creams. Many small ice-cream manufacturers would be visiting the Exhibition,” said Mr Zakir Hossain, Regional Head of N K Kapur & Company and the Chief Convener of the International Exhibition. “The Food Tech India 2019 Exhibition, which is in its 18th year, has been growing at a rate of 10 to 12% per annum in Kolkata, generating B2B growth in volumes, revenues and footfalls against the national growth average of 6 to 7% per year,” Mr Zakir Hossain said. This year more than 150 global brands and Indian companies are participating in the Food Tech India 2019 Exhibition showcasing their latest products and technology. The 18th Food Tech India 2019 is bullish on growth through joint ventures, collaborations, industrial licences and 100% export-oriented-units (EoUs). Many foreign companies are scouting for business opportunities in the food and hospitality sector in India. The Mega Exhibition will showcase under one roof the latest products and services cutting across hotel, confectionery, equipment, catering equipment, tableware, food packaging technology, food flavours and additives, industrial refrigeration, hotel and food chain consumables and Bengali Sweet & Snacks. Various seminars and discussions on Bakery & Confectionery Industry, Culinary Industry, Sweets and Snacks Industry are conducted during the three-day Exhibition. Food and grocery account for around 31% of India’s consumption basket. The Food Processing Industry accounts for almost 32% of the total food market in India. The Indian food and grocery market is the world’s sixth largest, with retail contributing 70% of the sales. Consumer spending in India is expected to grow to $3.6 trillion by 2020. India’s food and hospitality sector together are growing at a rate of 17% per annum with Kolkata as a hub in the eastern region.