India's Flourishing Food Industry Shines at Gulfood 2024

  • Feb. 20, 2024
India's Flourishing Food Industry Shines at Gulfood 2024

India is making a significant mark at Gulfood 2024 in Dubai, UAE, with over 350 Indian companies showcasing their diverse range of products. This unprecedented turnout underscores India's growing prominence as a global leader in the food supply industry. India has long been a trusted supplier of various food items to the United Arab Emirates, including grains, cereals, and pulses. Now, with such a massive presence at Gulfood, India is not only demonstrating its culinary expertise but also exploring new trade opportunities in the UAE and beyond.

At the heart of India's representation is the Agricultural and Processed Food Products Export Development Authority, featuring over 70 exhibitors, from startups to MSMEs, offering a glimpse into India's rich culinary landscape. Recent agreements like the Comprehensive Economic Partnership Agreement have boosted trade by 16% in just one year, making the UAE India's third-largest trading partner. From fragrant spices to wholesome grains, India's offerings cater to a wide range of tastes in the UAE, paving the way for further growth in the domestic food industry.

Looking ahead, India's domestic food industry is projected to reach $620 billion by 2029, with the Middle East presenting a lucrative opportunity for exporters. As the primary food exporter to the Arab League, India is solidifying its position on the global culinary stage.

As Gulfood continues, it remains a crucial platform for Indian businesses to connect, explore new markets, and forge partnerships. From industry giants to innovative startups, the event promises exciting opportunities in the ever-evolving global food sector. Gulfood, the world's largest annual gathering for food and beverage sourcing, offers a window into the diverse offerings of the global food sector, from future-shaping F&B innovations to superfoods that are redefining our plates and palates. The fair commenced on February 19th and will conclude on the 23rd.