FoodTech Expo: Joint ventures for coconut and dairy products in the spotlight

The 11th edition of FoodTech India 2021, the region’s premier food processing and packaging trade fair, ended on Thursday with not only requests for products or services, but also joint ventures.

Joseph Kuriakose, director of Cruz Expos, organizers of the 3-day exhibition, which was held virtually due to covid restrictions, said the exhibition had generated concrete requests for joint ventures in the coconut sectors and dairy products, including two projects for the establishment of coconut drinks / crisps and dairy products and ice cream in Sri Lanka. Another request was for a milk and related drink project in Bangladesh, he said.

The exhibition attracted a total of 1,350 trade visitors, including 475 foreigners. He said most of the international visitors came from Saudi Arabia, the United Arab Emirates, Iran, Bangladesh, Nepal and Sri Lanka.

The response from the food industry has been encouraging as it is one of the least affected industries and is rapidly recovering from the effects of Covid. Although taking place virtually, the show also provided all of the business networking opportunities available in a physical exhibit. And by being online, it was accessible from all over the world, he added.

Kerala is home to various spices and food crops, the food industry is one of the most important and fastest growing industries. The state has 69,000 food processing units which represent 23 percent of total industrial enterprises.

Cruz Expos, the show’s organizers, recently held similar virtual exhibitions on the agribusiness and boat and marine sectors in October 2020 and February 2021.

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