While the market for most of these products is still nascent in the country, many manufacturers believe this is a good time to gain an early-mover advantage.
"While olive oil consumption is not too high in India, we will be here by the year-end," said Luis Folque, administrator, Sovena.
The Portuguese company is in talks with third-party importers and retailers to stock its brand and increase awareness about olive oil.
H W A Swinkels, director, corporate affairs, VanDrie group, said there was a growing demand for quality veal in the country.
Meanwhile, many European companies are in talks with their Indian counterparts to set up either sourcing or distribution partnerships.
These companies are a part of the high-powered 'Tasty Europe' delegation, led by European Commissioner for Agriculture and Rural Development Mariann Fischer Boel, that is currently in India.
These 28 companies have a combined turnover of Euro 54 billion ($71 billion) among them, indicating that the average size of these companies is in excess of $2.5 billion. Most of them are top global producers in their respective categories.
