The Ministry invites German companies for investment

Food Processing Minister Harsimrat Kaur Badal invited German companies to invest in India's food processing sector, saying this segment has huge growth potential as only 10 per cent of food is being processed.

The minister, who participated in food exhibition at Anuga in Cologne, invited German companies to participate in World Food India summit to be held early next month.

Badal was quoted as saying in a statement "Germany is among India's most important partners bilaterally and in global context, and India are ready with open arms to welcome German companies. Anuga, which is the number one trading place in the world, gave us the right platform to interact with various global players in the food industry. The ministry is gearing to host over 30 countries and 2,000 companies at World Food India and Germany will be a partner country.”

The World Food India summit will provide a platform to foster partnerships and transform food economy, she said, and welcomed food processors, machine manufacturers, technology suppliers and refrigeration companies, to come to India and expand their business opportunities.