May 23, 2024

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FoodTech Expo: Joint ventures for coconut and dairy products on the cards

The 11th edition of FoodTech India 2021, the region’s leading foodstuff processing and packaging expo, bought in excess of on Thursday evinced not just enquiries for merchandise or providers but joint ventures way too.

Joseph Kuriakose, Director, Cruz Expos, organizers of the 3-day expo, which was structured practically because of to covid limitations, mentioned the expo generated concrete inquiries for joint ventures in coconut and dairy product sectors, which includes two initiatives for placing up coconut consume/chips and dairy and ice product in Sri Lanka. An additional question was for a milk and related drinks task in Bangladesh, he mentioned.

The expo captivated a full of one,350 trade visitors, which includes 475 from abroad. He mentioned most of the worldwide visitors ended up from Saudi Arabia, UAE, Iran, Bangladesh, Nepal and Sri Lanka.

The reaction from the foodstuff processing sector was encouraging as it is a single of the the very least afflicted and the quickly recovering industries from the consequences of Covid. Although being held practically, the demonstrate also delivered all the enterprise networking opportunities readily available in a bodily expo. And by being online, it was obtainable from throughout the world, he extra.

Kerala is residence to several spices and foodstuff crops, the foodstuff-processing sector is a single of the most significant and quickest growing industries. The State has 69,000 foodstuff processing units which form 23 for each cent of the full industrial enterprises.

Cruz Expos, the show’s organizers, have lately executed identical digital expos on agri-enterprise and boat and maritime sectors in Oct 2020 and February 2021.