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India is one of the world’s fastest growing large economies and is projected to become the world’s third largest economy by 2026. India’s per capita GDP growth will increase by 61 percent and overall economic growth is predicted to accelerate to 7.7 percent in 2018. There has been an increase in purchasing power, and as a result, upper income consumers are changing their preferences of shopping at smaller markets for fresh ingredients to prepare foods at home to going out to restaurants and purchasing prepared foods. Similarly, India is a growing market for processed food imports, which are becoming more popular with the younger population, especially in urban areas. Imports of consumer-oriented foods, led by tree nuts and fresh and dried fruits have doubled since 2009 to $4.5 billion. Demand for specialty and high value foods, including imported, such as chocolates, almonds and other dried nuts, cakes and pastries, exotic fruits, fruit juices, and Indian sweets peaks during the fall festive season, especially at Diwali - the festival of lights. This is also the best time to introduce new-to- market food products in India.
SUSTA in collaboration with USAPEEC is offering an outbound mission and trade show opportunity to southern exporters. The mission will include market tours, one-on-one meetings with pre-vetted buyers, and booth space at the SIAL India trade show. The inaugural SIAL India 2018 had more than 150 exhibitors and more than 5,000 visitors. The 2019 show is anticipated to expand on those numbers, offering great opportunity for companies to meet the keys buyers.
Participation Fee:
Fee Includes:
Registration Deadline: June 23, 2019 (No refunds for cancellation after this date)
50% CostShare: Apply now for 50% CostShare to request 50% reimbursement of participation fees, travel costs for up to two company representatives (flight, hotel, meals and incidentals), promotional giveaway items, point of sale materials and more!
Event Surveys: You are required to complete two surveys for this event. Access your surveys by logging into your MySUSTAaccount.
Initial Survey: Available September 19, 2019 and due September 26, 2019
Concluding Survey: Available March 19, 2020 and due March 26, 2020
Event Activities and Prices | Pricing | Additional Information |
---|---|---|
India Outbound Trade Mission and SIAL India 2019 | ||
India Outbound Trade Mission | $600.00 |
Event Activities and Prices | ||
---|---|---|
India Outbound Trade Mission and SIAL India 2019 | ||
Event Title | Pricing | Additional Information |
India Outbound Trade Mission | $600.00 |
There are no affiliated events. |
There are no market related events. |
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