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Feb, 13 2015

India a strategic market for Dubai in food sector

Dubai Exports facilitated 90 business-to- business meetings between the two sides during the exhibition held in Dubai from 8th to 12th February.

Dubai Exports, the export promotion agency of the Department of Economic Development in Dubai said that India is a highly promising market in food sector a networking sessions held by the agency, reported PTI.

Dubai export promotion agency organised a networking session during Gulfood to link key Indian suppliers to the exporters in UAE.

The networking session was attended by over 70 suppliers from India.

Dubai Exports facilitated 90 business-to- business meetings between the two sides during the exhibition held in Dubai from 8th to 12th February.

It was part of linking key suppliers in India to the UAE as a major source market, a released issued by the company said.

"Dubai Exports and its overseas offices play a pivotal role in supporting local exporters through varied programmes. The International Buyers Programme is one among them and it includes organising missions and platform for buyers and suppliers to connect with exporters in the UAE across hosted meetings," said Mohammed Ali Al Kamali, Deputy Chief Executive Officer, Dubai Exports.

India was a strategic market for Dubai and the UAE in general and the Indian economy is projected to grow 6.7 per cent on average during 2015-2019 according to the Organisation for Economic Co-operation and Development ( OECD).

"Economic dynamism along with the size and diversity of tastes automatically make India a highly promising market for the foods sector," added Kamali.

“Meanwhile, the dairy industry in India has emerged remarkably stronger post the 'White Revolution' and continues to grow. By 2020 the combined strength of the organised and unorganised dairy sector in India will reach formidable levels," shared Naema Bannai, Manager of Overseas Office Services at Dubai Exports.

Indian foods sector will also enter into new products, services and partnerships, the group believed.

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