pennews
www.pennews.net
TPCI pegs business deals worth USD 30 million from THAIFEX 2019
Business

TPCI pegs business deals worth USD 30 million from THAIFEX 2019

Agency News

New Delhi, May 28 : Leveraging the India- ASEAN partnership, Trade Promotion Council of India (TPCI) organised a participation of India Pavilion at THAIFEX, Bangkok in Thailand and is expecting spot orders of USD 30 million from the fair.The Thaifex Fair was inaugurated by Ambassador of India in Thailand Suchitra Durai on Tuesday in the presence of TPCI team members and Indian exhibitors and buyers from across the world.

Speaking on the business generated during the Thaifex, TPCI Chairman 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.Some of the participants that were part of the show included Royal import and export, Shreeji Nut Butter, The good life company (TGL CO), Ankur chemfood ltd, Kravour foods private limited and Ezeebee overseas pvt Ltd.

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

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, Drinks, Fine Food, Food Service, Food Technology, Frozen Food, Fruits & Vegetables, Meat, Rice among others.

Indo-ASEAN bilateral trade grew by almost 14 per cent to reach USD 85 billion 2018. India's imports from ASEAN were valued at USD 51.34 billion while its exports to ASEAN stood at USD 33.6 billion, according to a statement here. UNI