Ambassador of India Dr. Deepak Mittal inaugurating the Indian Pavilion at Doha Exhibition and Convention Center.
Doha: The Indian Embassy along with its Trade Apex Body Indian Business & Professionals Council (IBPC QATAR) jointly participated in the 9th edition of Qatar International Agricultural and Environmental Exhibitions (AgriteQ and EnviroteQ 2022) at the Doha Exhibition and Convention Center (DECC) which concluded yesterday.
The India Pavilion showcased several companies specialising in information technology, fresh & processed food supply, farming and gardening tools, and environmental technology for converting organic waste into compost soil for farming.
Ambassador of India to Qatar Dr. Deepak Mittal inaugurated the Indian Pavilion. Accompanying Dr. Mittal were IBPC Coordinating Officer Angeline Premalatha (Counsellor, Political & Commerce at the Embassy) and IBPC President Jaffer Us Sadik.
Dr. Mittal said that AgriteQ has been at the forefront of providing a platform for local and international agriculture stakeholders to exchange expertise, discover trends and developments, and seize business opportunities in this vital sector, while highlighting innovation in agricultural techniques, local & International food products and pinpoint the road map to achieve food security and sustainable development. He was proud to see that India has a lot to offer to Qatar in this sector.
Premalatha highlighted that India can play a major role in Qatar’s Food Security, since 58% of India’s population is involved in agriculture & aquaculture, contributing $277bn annually to the Indian Economy. India’s total agricultural and allied products exports stood at $42bn in FY21.
IBPC President Sadik spoke about the Indian food industry which is poised for a huge post-pandemic growth, due to its immense potential for value addition, particularly within the food processing industry. Indian food and grocery market is the world’s sixth largest.
India is also the world’s second-largest producer of rice, wheat, sugarcane, cotton, groundnuts and fruits & vegetables. The organic food segment in India is expected to reach $11bn by 2025. The processed food market in India is expected to grow to $470bn by 2025 due to government initiatives such as planned infrastructure worth US$1trillion, making it attractive for Qatari Companies to make a 100% Foreign Direct Investment in this Sector.
IBPC Qatar has a mission to be the preferred platform to empower Indian Business Persons and Professionals by creating enrichment opportunities, and a VISION to enhance Indo-Qatari Trade and Professional relations.
