‘Highly complementary economies’: Indian F&B firms urged to pursue lucrative Canadian food trade opportunities

According to numbers from the Trade Promotion Council of India (TPCI), there are many areas of potential when it comes to food trade between the two countries, especially for processed food products. “Potential for enhancing Indian exports exists across many categories – [from] our interactions with Indian and Canadian businesses, some of the key product categories with potential for Indian exports include coffee, processed/ready-to-eat fresh fruits and bakery products,”​ TPCI Chairman Mohit Singla told FoodNavigator-Asia​. “Canada is a lucrative market with the food and drink consumption base expected to progressively increase due to improving lifestyles and disposable incomes [and particularly for India, there is a] sizeable Indian diaspora there of around 2.5 million, which is expected to grow even further in the coming years, which is a key market for Indian processed food products.​ “Roasted snacks and non-oil health food supplements are also being explored as potential ...