PIB | 11 May, 2023
Union Minister of Commerce & Industry Piyush
that business is not just about numbers but about building
relationships, partnership, collaborating, learning, technology and
During the Trade and Investment Promotion Event for the
Agricultural and Food Processing sector with Indian companies and
Canadian importers on the sidelines of SIAL-2023, Toronto, Canada
yesterday, the Minister said that focus has to be on shared prosperity
for people across the world making all stakeholders in the value chain
Goyal said that this is an opportunity to celebrate the Canada-India
partnership and there is a huge potential of growth in the expansion of
business and engagement between the two countries.
He said that value
addition of food products is a priority area. Sh. Goyal stressed that
Indian businesses must focus on quality, scale, design, packaging, etc.
to earn the confidence and trust of consumers and businesses in Canada.
Minister appreciated the participation by Indian businesses at SIAL
2023 as it showcased India to the world. He said that the challenge
ahead is to organize a larger and bigger trade show in the food industry
in India or abroad showcasing the best we have to offer across
Piyush Goyal said that SIAL 2023 offered an opportunity
to hone product quality and marketing skills of the food industry.
Goyal said that 'World Food India' in November 2023 can serve as the
platform that can showcase the best of India & collaborate with
businesses across the world. He said that as a part of outreach as G20
President, Government and businesses need to put their best efforts in
Minister said that the food industry is a high profile, high profits
and high growth sunrise sector.
He said that it is a focus area of
Government and businesses as it directly impacts agriculture in India by
adding value to the products of farmers and encouraging diversification
of crops, fruits, vegetables.
Goyal said that this industry’s
contribution to the growth story of India is immense and valuable as it
brings better life for the families engaged in farming and agriculture
related sources of livelihood.
Minister highlighted that there is multifold growth potential in the
bilateral trade of India-Canada in this sector.
Goyal said that the
food industry has been able to bring the best of India into Canada and
promised encouragement by the government in expansion of their
businesses in Canada.
He said that the export of agri-based products,
foodstuffs, food products, marine products, etc. from India is rising
but there is huge potential for more exports of these products.
Goyal said that millets are becoming popular amongst consumers in India
and the world, it is important to highlight the nutritional and health
benefits of millets especially among the youth who need high energy and
high protein food intake.
He said that millets can be a game changer in
promotion of the Indian food industry. The Minister praised the serving
of millets at the event.
another meeting with Canadian companies inToronto, Canada earlier
yesterday, Sh. Piyush Goyal invited the people and businesses from
Canada to visit India. He said that the India that they will visit now
is truly a New India.
The Minister also invited them to join the B20
Sessions and sectoral engagements being organized across the country
under India’s G20 Presidency. He also encouraged the Canadian companies
to hold Board meetings in India.
Goyal said that India is not only the fastest growing large economy but
also a consistently growing economy. He said that as India grows as an
economy in the next 25 years, he invited Canadian businesses to be a
part of India’s growth journey.