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TPCI pegs business deals worth USD 30 million from THAIFEX 2019

Updated: May 28, 2019 12:07:32pm
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TPCI pegs business deals worth USD 30 million from THAIFEX 2019

New Delhi, May 28 (KNN) The Trade Promotion Council of India (TPCI) is expecting spot orders of USD 30 million from THAIFEX Fair 2019, Bangkok (Thailand).

THAIFEX is the Asia’s largest food and beverage trade show and every year, the show attracts thousands of exhibitors and visitors around the world, in a truly global knowledge and business exchange platform.

Leveraging the India- ASEAN partnership, TPCI organized a participation of India Pavilion at THAIFEX. The fair was inaugurated by the Suchitra Durai, IFS, Ambassador of India in Thailand today, in presence of TPCI team members and Indian exhibitors and buyers from across the world.

Speaking on the business generated during the THAIFEX, Chairman of TPCI, Mohit Singla, said, “This is our third participation in THAIFEX, TPCI took 45 member trade delegation and we are expecting the spot orders of 30 million USD from the fair. I am happy that, India is generating interests from the big food consumers companies and retail chains. I am sure the India- ASEAN partnership will take this fair to next level.”

The TPCI trade delegation included exhibitors were mainly from Biscuits, Confectionaries, Dried vegetables, Spices and heath food, etc.

A unique concept of THAIFEX – World of Food Asia, 11 trade shows in one, showcases a unified F& B industry through a diversity of products which includes; THAIFEX Coffee & Tea, THAIFEX Drinks, THAIFEX Fine Food, THAIFEX Food Service, THAIFEX Food Technology, THAIFEX Frozen Food, THAIFEX Fruits & Vegetables, THAIFEX Meat, THAIFEX Rice, etc.

Indo-ASEAN bilateral trade grew by almost 14% to reach US$ 85 billion 2018. India’s imports from ASEAN were valued at US$ 51.34 billion while its exports to ASEAN stood at US$ 33.6 billion.

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