Indo-Canada Chamber of Commerce India Mission 2014

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Focus on Agriculture & Agri-food sector

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Indo-Canada Chamber of Commerce India Mission 2014

  1. 1. India Mission 2014 Dates: 05 January 2014 to 12 January 2014 Sectors in focus: Agriculture, Education, Infrastructure, Energy Cities: Delhi, Hyderabad, Kolkata, Pune Events: Sector-focussed B2B meetings, interactive sessions with corporate leaders, government decision- makers, representatives of industry associations, chambers of commerce Register now: Early bird registration deadline: 30 November 2013 Contact ICCC 416-224-0090 / indiamission@iccc.org 1
  2. 2. India Mission 2014 Focus on agriculture and agri-food sector Register now: Contact ICCC 416-224-0090 / indiamission@iccc.org Sector composition  Retail consumer spending in stores, restaurants, on alcoholic beverages & tobacco  Food distribution  Food & beverage processing  Primary agriculture  Inputs to primary agriculture 2
  3. 3. India Mission 2014 Focus on agriculture and agri-food sector Register now: Contact ICCC 416-224-0090 / indiamission@iccc.org Role in the economy Canada GDP: 11% Trade: 10% Largest employer: 250,000 jobs Exports: 90% of 220,000 farms export-oriented India GDP: 13.7% Trade: 10% Largest employer: 58% of population Market: World’s 4th largest food retail market 3
  4. 4. India Mission 2014 Focus on agriculture and agri-food sector Register now: Contact ICCC 416-224-0090 / indiamission@iccc.org Trade Canada World’s 5th largest agri- food exporter US is main trading partner in sector ($23.6b) Mexico, China, India are export markets of focus India World’s largest importer of vegetable oil US is the main trading partner in sector ($5.3b) US, Vietnam, Iran are main export markets Canada-India trade in sector: $583m 4
  5. 5. India Mission 2014 Focus on agriculture and agri-food sector Register now: Contact ICCC 416-224-0090 / indiamission@iccc.org Opportunities in India Food Processing - 1 Size  Worth $100b and will grow to $194b by 2015  2nd fastest-growing industry segment  Exports worth $17b, 63% higher than 2012 Growth segments  Ready to drink tea and coffee market  Packaged food  Packaged milk 5
  6. 6. India Mission 2014 Focus on agriculture and agri-food sector Register now: Contact ICCC 416-224-0090 / indiamission@iccc.org Opportunities in India Food Processing - 2 Technology transfer / Knowhow  Integrated dairy farms – technology for mechanized milking, use of improved artificial insemination techniques & hitech production of fodder & feed  Streamlining agri-supply chains – there isn’t a single company in India operating across various categories of crop, grains, oilseeds, plantation crops, spices, fruits, vegetables and cotton  Integrated warehouse – there is an acute lack of scientific infrastructure for storing surplus produce. Government is offering public-private partnership mode to build integrated warehouses 6
  7. 7. India Mission 2014 Focus on agriculture and agri-food sector Register now: Contact ICCC 416-224-0090 / indiamission@iccc.org Opportunities in India Cold Chain  Cold chain facility is available only for 10% of produce – 30% post harvest produce is lost  Most existing storage facilities are for single commodity Market’s greatest need is for an effective & economically viable cold chain solution that will integrate supply chains for all commodities from production centres to consumption centres Market size is $3b and it is growing at 20-24% annually 7
  8. 8. India Mission 2014 Focus on agriculture and agri-food sector Register now: Contact ICCC 416-224-0090 / indiamission@iccc.org Market entry - 1 In primary agriculture sector, India doesn’t permit foreign direct investment, High tariffs of over 30% in processed food sector India encourages investment, technology transfer in all agri- food sector, especially food processing, storage and cold chains Vegetable oil tariffs have been slashed from 85% to 7% - direct gain for Canada’s canola oil exports 8
  9. 9. India Mission 2014 Focus on agriculture and agri-food sector Register now: Contact ICCC 416-224-0090 / indiamission@iccc.org Market entry - 2 Canadian agri-food and agri-processing companies in India McCain Food Richardsons Bunge India Pvt. Ltd. Grace Kennedy (Ontario) Connors Brothers Western Delight Balcorp Thank you 9
  10. 10. India Mission 2014 Dates: 05 January 2014 to 12 January 2014 Sectors in focus: Agriculture, Education, Infrastructure, Energy Cities: Delhi, Hyderabad, Kolkata, Pune Events: Sector-focussed B2B meetings, interactive sessions with corporate leaders, government decision- makers, representatives of industry associations, chambers of commerce Register now: Early bird registration deadline: 30 November 2013 Contact ICCC 416-224-0090 / indiamission@iccc.org 10

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