Three-day mega food fair attracts 19 billion dollars investment

Investment of around 19 billion dollars were committed during the three day mega food event- World Food India which concluded yesterday. The event achieved a resounding success and saw participation from 60 countries and over 50 global CEOs. 

A guinness world records was also created by cooking 918 kg of Khichdi at the event. This was the first time that India hosted such an event for the food processing sector to strengthen its position as a global food factory.

The conference



witnessed participation of 10 thousand participants and over 8 thousand business to business and business to government meetings were held. 50 MoUs were signed worth 11.25 billion dollar to boost food processing levels from the current 10 per cent.

Of which, about 2.5 billion dollar worth of MoUs have been signed between state governments and stakeholders. The US, UAE, Germany, Netherlands and France have announced big amount of investments in the country's food processing sector.