INDIA PAVILION 19th PROFOOD & PROPACK AND AGBIZ SRI LANKA – 2022

We are delighted to inform you that “ASSOCHAM” with the support of the Ministry of Commerce& Industry, Govt. of India, is organizing India Pavilion during the 19th International Processed Food & Beverage and Packaging & Agriculture Exhibition – PROFOOD & PROPACK AND AGBIZ which will be held from 18-20 November 2022 at BMICH, Colombo, Sri Lanka. In this expo, ASSOCHAM is focusing on the Agritech segment of the sector.

Exhibit Profile 

• Agriculture machinery & Irrigation systems., including tractors and equipment\'s
• Food Processing & Packaging Technology
• Retailing and vending systems
• Refrigeration & Cold Storage systems
• Post-Harvest technologies & setups
• Agri inputs, greenhouse, seeds, fertilizers, pesticides, agrochemicals, etc.
• Food Packaging Materials

About the Show:

• Over 300 exhibiting companies from 20 countries showcasing more than 1000 new products & services.
• This will be the 19th edition of this expo.
• Over 30,000 visitors from the food processing industry and agriculture sector comprising industrialists, importers, distributors, resellers, marketers, food retailers, and wholesalers, etc.
• A unique exhibition platform to discover and learn about the latest innovations in the agro tech sector, Engineering & Packaging service and Agriculture business.

Market Insight 

• Sri Lanka has been an agriculture economy like India and relay heavily on agriculture and agro based food processing industries. However due to limited land area, agriculture sector is not very diversified and due to which all the food crops are not grown in the country.
• This in turns creates the dependence of Sri Lanka on processed food imports. To a large extent the food technology – processing & packaging requirements and agriculture inputs, chemicals, technology and cold storage systems are imported by the country due to lack of indigenous engineering capability.
• Sri Lanka has been a very good and old trading partner to India and major imports of Sri Lanka from India comprise of Mineral fuels & allied products, engineering & machinery of food processing, cold storage & refrigeration, pumps & motors, agriculture machinery tools and accessories etc., Cereals – especially Rice, Processed Food and Beverages, Confectionery and Bakery, textiles and Pharma etc.
• India has traditionally been among Sri Lanka’s largest trade partners and Sri Lanka remains among the largest trade partners of India in the SAARC. In 2020, India was Sri Lanka’s 2nd largest trading partner with the bilateral merchandise trade amounting to about USD $ 3.6 billion. It is observed that Indian business has good scope in the market especially in sectors like agriculture implements, technology, food processing technology and packaging material ad machinery, processed food segments & high end cereals, metals based industries etc. which are indeed the most imported items of the Sri Lanka and domestic production is almost nil.
• Also keeping in the view that Chinese products are slowly getting avoided by the world due to its shorter life span and viability and Sri Lanka also following the path, it is real time opportunity for the Indian engineering industry to supply and grab the market in potential segments and markets, especially like Sri Lanka.