Dubai Exports Highlights UAE As Competitive Source Market At ‘World Food India’

Dubai Exports, the export promotion agency of Dubai Economy, attended the inaugural ‘World Food India’ exhibition held recently in New Delhi, demonstrating the growing export capabilities in the UAE and exploring new opportunities in the fast-growing Indian market. Dubai Exports was the first international organisation to confirm its participation in the three-day event, which featured strategic pointers to the booming food & beverage industry in India.

Food & beverage is a major component of the Indian economy with a market value of around 1.7 trillion dirhams (US$ 455 billion). Besides, the sector is expected to grow 15% annually and form about half of the overall retail market over the next decade, driven by the growing urban middle class and rising consumption.

Mohammed Al Kamali, Deputy CEO of Dubai Exports, said: “Although, India is a major and important trading partner for Dubai there is still considerable opportunity to increase the value of our exports to the country. Nearly a third of the 1.2 billion people in India are considered to be middle class and this along with the rapid urbanisation happening in the country will continue to drive demand for varied food & beverage products.”