India’s Agriculture & allied sector demonstrates its prowess at Expo2020 Dubai
Showcased investment opportunities in millets, horticulture, dairy, fisheries & organic farming to global investors
Dubai, March 03, 2022: The ‘Food, Agriculture and Livelihood fortnight’ at the Indian Pavilion in EXPO2020 Dubai concluded yesterday with the sector highlighting India’s investment-friendly policies, growth opportunities and showcasing country’s core strengths across different areas of Agriculture and allied sectors to the global investors.
At the India Pavilion, the theme of ‘Food, Agriculture and Livelihood’ was represented by celebrating the diversity of Indian Agriculture under four major sub-sectors: Millets, Horticulture, Organic and Food Basket of the World (dairy, poultry & fisheries). The stories shared through the sub-sectors also covered Food Processing & Cooperation, which are also pillars for future growth.
Starting on 17th February 2022, the fortnight was inaugurated by Dr Abhilaksh Likhi, Additional Secretary, Ministry of Agriculture & Farmers Welfare along with Smt. Shubha Thakur, Joint Secretary, Department of Agriculture and Farmers Welfare. The inaugural ceremony also included the opening of the Millets Food Festival along with introductory conversations amongst the Government & Private sector. The inaugural delegation invited audience to participate in seminars/conferences, roundtable meetings and country-level meetings scheduled during this period, to interact with government delegation, businesses, and entrepreneurs from across the globe.
A high-level inaugural delegation, comprising of senior officials from the Ministry of Agriculture and Farmers Welfare (MoAFW), Ministry of Fisheries, Animal Husbandry and Dairying (MoFAHD), Ministry of Food Processing Industries (MoFPI), Ministry of Cooperation (MoCoop), was chaired by Dr. Likhi. The delegation also included representation from the Indian Farmers Fertiliser Cooperative (IFFCO) and several food, hospitality and farm companies.
In addition to the excellent display at the Indian Pavilion, a senior level delegation from India added required enthusiasm and acceleration by participating in meetings with senior officials and investors from Zimbabwe, Vietnam, Morocco & Myanmar. The participants explored areas of cooperation in agriculture, rural development, fisheries & the seafood sector, in order to boost exports and strengthen trade relations.
The UAE is a significant market for agricultural produce from India, the inaugural delegation interacted with key officials from prominent companies like Al Dahra, Grand Hypermarket, Lulu Hypermarket, RNZ enterprises, Choithram group, Aqua Bridge, Sharaf Group, Jaleel holdings, DP World, Transworld etc. The delegation participated in 8 G2G meetings, 20 G2B Meetings, 63 B2B meetings and visited several country pavilions, during the fortnight.
In line with the recent declaration of the year 2023 as the ‘International Year of Millets’ by the United Nations General Assembly, India’s advantage as a major Millet producer was highlighted during the expo. Millets production not only supports small farm holders but also contributes towards achieving food safety and nutrition as a whole. A seminar on Millets was conducted to highlight India’s potential and tremendous opportunities of this sub-sector, for stakeholders across the Millets value chain including processing & export.
The second delegation from the Ministry of Agriculture was led by Mr. P.K. Swain, Additional Secretary, Mr. Priya Ranjan, Joint Secretary and Smt. Chhavi Jha, Joint Secretary, from the Ministry of Agriculture & Farmers Welfare, presided over the activities and events planned to showcase Emerging technologies, Organic & Horticulture sectors.
Given the current scenario of Indian agriculture, technological innovations and advancements will determine the parameters of success. Hence, the Ministry of Agriculture and Farmers Welfare hosted a seminar on ‘Emerging Technologies in Farm Machinery, Digitization & Opportunities for Entrepreneurships’. The seminar focused on showcasing the innovative and relevant technological interventions that will impact the overall productivity and competitiveness of India’s farm sector through farm mechanization, digitization and entrepreneurship development.
The seminar organized on the subject ‘Indian Organic and Horticulture Sector–Moving Up the Value Chain’, further emphasized on the progress made in these sub-sectors to improve quality and access high-value markets. The seminar attracted participation from the government & private sector and business houses expressed interest to increase export/import volumes in this segment.
The Department of Animal Husbandry and Dairying (DAHD) had several engagements at the Dubai Expo from the 28th of February to the 2nd of March, Shri. Atul Chaturvedi, Secretary, DAHD, GoI virtually connected with the heads of prominent companies like Al Dahra and the Lulu Group to apprise them of the various opportunities and schemes that they could explore within India’s dairy, livestock, and animal feed sectors. The objective of such engagements is to one attract more investments in India’s dairying and livestock infrastructure so that there are higher profit margins and more jobs created within India, and secondly it also seeks to promote Indian exports to countries within the Middle East and beyond. Thus, the Secretary DAHD shone the spotlight on the major steps taken towards enhancing traceability, adopting technology, and encouraging startups in the country’s animal husbandry and dairy sector. As a next step, the Invest India team will conduct market research, location analysis, and assist the interested companies with their India entry plans.
India’s food processing sector in India is being increasingly seen as a potential source for driving the rural economy and thereby increasing the farmers’ income. The future of Agri & Food Processing Industry has been anticipated to potentially attract $33 bn investments and generate employment for 9 mn people by 2024. India has a tremendous platform to cater to its domestic demand as well as explore export markets. In order to harness this immense potential, Mr. Kuntal Sensarma, Economic Advisor, to the Ministry of Food Processing Industries (MoFPI) led conversations with key stakeholders to foster business collaborations for the sector, which will not only increase overall processing percentage but also contribute to reducing post-harvest losses.
The Fisheries sector plays an important role in the Indian Economy providing principal livelihood support and employment to more than 14 million people. India is bestowed with more than 2500 fish species with 75% of them being marine species. The fisheries sector has registered more than double growth in the past 5 years from 4.9 % in 2012-13 to 11.9 % in 2017-18. 50+ different types of fish and shellfish products are being exported from India to 75 countries around the world. Major import markets for India are China, South-East Asia, USA, EU, Japan and the Middle East. Frozen shrimp is the key contributor to India’s export basket. The immense potential of the fisheries sector was further highlighted by Mr I.A. Siddiqui, Additional Commissioner, Department of Fisheries, during the meetings and discussions with delegates from other participating countries at the Expo2020.
With a vision to set up 50,000 new start-ups, 500 new incubators and 100 new innovation zones by 2024, India has made significant progress. The start-up India eco-system has so far recognized more than 63,000 start-ups and India is home to a total of 89 unicorns so far. To help connect with the global start-up ecosystem, Start-up India has launched bridges with 13 countries (Brazil, Sweden, Russia, Portugal, UK, Finland, Netherlands, Singapore, Israel, Japan, Canada, Croatia, and South Korea) that provides a soft-landing platform and aid in promoting cross-collaboration.
At Expo2020, the Start-up India ecosystem presented 25 startups from agriculture, food processing, dairy, animal husbandry, Fishery and Poultry sub-sectors. Parallelly, the design and conduct of “Elevate” pitching sessions, outside India Pavilion, has provided an opportunity for India start-ups for pitching their business ideas to global investors and attract investments.
As a result of the carefully designed schedule and active participation of senior government officials over the two weeks time period, prominent business groups like Al Dahra, DP World, Grand Hypermarket, LuLu amongst others have expressed keen interest in the Indian market. During the meetings, business possibilities in upcoming markets like North-Eastern (NE) the States of India, attracted special attention. Overall, India’s active participation during the Expo2020 at Dubai is expected to yield beneficial relationships and partnerships across various sub-sectors, eventually bringing more visibility for the country on global platforms.
