World Food India Live Updates: World Food India event is being held in New Delhi. Starting today, the three-day event facilitate partnerships between domestic and international businesses. Prime Minister Narendra Modi has inaugurated the event. The major attraction of this event is the popular dish ‘Khichdi’. It has been learnt that 2,000 participants, 400 exhibitors, 20 countries, 26 states and over 50 global CEOs are participating in the event. The major attraction will be eminent chef Sanjeev Kapoor will cook over 800 kg khichdi, a traditional Indian dish relished by both rich and poor, live on November 4. The purpose behind this will be to create a world record and popularise it as a brand India food globally. Ministry of Food Processing Industries is organising the event. Finance Minister Arun Jaitley will also address a plenary session of the meeting.
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2: 38 PM: “The place with unlimited opportunity from farm to fork. The place to produce, process, and prosper. For India, and for the world,” PM Modi said.
2: 15 PM: With CEOs of top global and Indian firms in the food processing sector in attendance, Modi invited investment in India’s food processing sector and promised full support, reported PTI.
12:26 PM: Prime Minister Narendra Modi asserted that it is now easier to do business in India than ever before after the country leaped 30 places to break into top 100 nations worldwide.
12:21 PM: The jump to 100th rank on this year’s World Bank Ease of Doing Business index, from last year’s 130, is the biggest by any country this year, he said while addressing the World Food India conference here.
12:16 PM: India, he said, is one of fastest growing economies in the world and implementation of the Goods and Services Tax (GST) from July 1 has eliminated multiplicity of taxes.
12:11 PM: The prime minister invited global companies to come and invest in the food process industry in India, saying it offers immense opportunity.
12:06 PM: He made a point that more investment is required in contract farming, raw material sourcing and creating agricultural linkages.
12:01 PM: There are opportunities in post-harvest management, Modi said, adding that there is immense potential for value addition in areas such as organic food.
11:56 AM: PM Modi also spoke of the government targeting doubling of farmers’ income in five years. India can provide solution and offer win-win partnership combination of traditional Indian food and modern technology, the prime minister stressed.
11:51 AM: Food processing holds solutions to nutrition security. Our coarse grains and millets have high nutritional value, says PM Modi.
11:48 AM: They can withstand adverse agro-climatic conditions. Can we take up a venture based on these? This will raise incomes of farmers and also enhance nutrition levels, says PM Modi
11:45 AM: Our farmers are central to our efforts in food processing. We launched the Pradhan Mantri Kisan Sampada Yojana to create world-class food processing infrastructure, says PM Modi.
11:43 AM: This will leverage investment of US $5 billion, benefit 2 million farmers & create more than half million jobs, says PM Modi.
11:41 AM: Our farmers are central to our efforts in food processing. We launched the Pradhan Mantri Kisan Sampada Yojana to create world-class food processing infrastructure. This will leverage investment of US $5 billion, benefit 2 million farmers & create more than half million jobs, says PM Modi.
11:39 AM: Over a million passengers consume food on trains in India in a single day, they are potential customers for food processing industry, says PM Modi
11:37 AM: Private sector participation has been increasing in many segments of the value chain. However, more investment is required in contract farming, raw material sourcing and creating agri linkages, says PM Modi
11:36 AM: This is a clear opportunity for global chains, says PM Modi
11:35 AM: There are opportunities in post-harvest management, like primary processing and storage, preservation infra, cold chain and refrigerated transportation, SAYS pm mODI
11:33 AM: There is also immense potential for food processing and value addition in areas such as organic and fortified foods, says PM Modi
11:31 am: India was ranked number 1 in the world in 2016 in greenfield investment. India is also rapidly progressing on the Global Innovation Index, Global Logistics Index and Global Competitiveness Index, says PM Modi
11:29 AM: Food processing is a way of life in India. It has been practiced for ages. Simple, home-based techniques, such as fermentation, have resulted in the creation of our famous pickles, papads, chutneys and murabbas that excite both the elite and the masses across the world, says PM Modi
11:27 AM: India has jumped 30 ranks this year in World Bank’s ease of doing business rankings, says PM Modi.
11:25 AM: India is one of the fastest growing economies in the world. GST has eliminated multiplicity of taxes, says PM Modi in Delhi
11:22 AM: PM Narendra Modi is speaking at the inauguration event at Vigyan Bhawan in Delhi.
11:09 AM: In the next three days, WFI will showcase mega food parks along with a Food Street, an experience zone where you can savour Indian and foreign cuisines using Indian ingredients, flavours and fragrances during tasting sessions specially curated by Chef Sanjeev Kapoor.
11:06 AM: The CEOs of top 100 companies of India’s food sector will attend the event. More than 50 global CEOs from 15 countries will be present from countries such as Denmark, Germany, Japan, Italy and Netherlands.
11:03 am: The event is based on the theme of ‘Transforming the Food Economy’. During the event, the exhibition will be showcased at C-Hexagon Park, India Gate while the conferences will be organised at Vigyan Bhawan.
11:00 AM: The event is being organised with an aim to provide opportunities for both investment and trade in the food processing sector for leading Indian and international companies.
10:52 AM: Also, World Food India will create a better sourcing environment, thereby enabling higher returns for farmers, creating employment, and fostering entrepreneurship.
10:49 AM: The event will be inaugurated by PM Modi at 10 am today while President Ram Nath Kovind will grace the occasion for the Valedictory address on Sunday, 5 November 2017.
10:46 am: It is a global event which is being organised to facilitate partnerships between Indian and international businesses and investors.
10:43 am: World Food India (WFI) is a gateway to the Indian food economy and an opportunity to showcase, connect, and collaborate.
10:40 am: Organised by the government of India, it WFI will be one of the largest gatherings of investors, manufacturers, producers, food processors, policy makers, and organizations from the global food ecosystem.
10:38 AM: It is a global event which is being organised to facilitate partnerships between Indian and international businesses and investors.
10:36 AM: World Food India (WFI) is a gateway to the Indian food economy and an opportunity to showcase, connect, and collaborate.
10:34 AM: The Embassy has put up a spread of its ethnic cuisine and Hiramatsu invited the guests to sample the Japanese delicacies from the buffet. “Washoku, the traditional food of Japan, has already been listed as a Unesco heritage, and its appeal has also spread in Indian society,” he said.
10:31 AM: Companies which displayed their products at the Embassy include Choya Umeshu, Yamamoto Shokuhin, Marine Foods, and Sakata Seed Cooperation.
10:28 AM: The three-day event is being hosted at the sprawling India Gate lawns.
10:26 AM: As we move towards 2050,world population set to increase by 25% and demand for food by 50%,we need to wage war against food waste, says Union Minister Harsimrat Kaur
10:23 AM: PM Modi at Vigyan Bhawan to inaugurate World Food India
10:17 am: PM Narendra Modi has arrived at Vigyan Bhawan to inaugurate World Food India.
10:15 AM: He emphasised to the investors from both the sides that there were “amazing possibilities” in the country.
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10:12 AM: The Ambassador said the world food event would help bring Japanese investment in India.
10:09 AM: “The Indo-Japan relationship is expanding and deepening dramatically. And, the special bond between Prime Minister (Narendra) Modi and Prime Minister (Shinzo) Abe is already seen in economic, politics and security fields,” the Ambassador said.
10:06 AM: “Japan is a partner country in the mega event that will take place in Delhi for the next three days. About 60 Japanese firms will participate in it. Our Minister of Agriculture, Forestry and Fisheries will be arriving tomorrow to attend the event,” Hiramatsu said.
10:04 am: Addressing a gathering at a reception held at the Japanese Embassy for representatives of 11 of those firms, the envoy urged both the sides to work towards “establishing a network” which can be “mutually beneficial”.
10:02 AM: The event also aims to create whopping 1 million job creation.
10:00 AM: As per Union Food Processing Industries Minister Harsimrat Kaur Badal, the event is expected to attract investment of $10 billion in the food processing sector.
9:58 AM: Finance Minister Arun Jaitley is also scheduled to address a plenary session of the meeting today
9:56 AM: Renowned chef Sanjeev Kapoor will cook over 800 kg khichdi, a traditional Indian dish relished by both rich and poor, live on November 4 at the World Food India event in a bid to create a world record and popularise it as a brand India food globally.
9:55 am: It is believed that at least 2,000 participants, 400 exhibitors, 20 countries, 26 states and over 50 global CEOs will participate in the event. The major attraction of this event is the popular dish ‘Khichdi’.
9:50 AM: About 60 companies from Japan and 12 CEOs of major firms of that country will take part in the three-day World Food India event that kicks off today, its envoy Kenji Hiramatsu said yesterday.