An industry jamboree in Singapore attracts Indian professionals looking for deals and inputs. |
India's presence at Food & Hotel Asia 2004 was 649 visitors (okay, make that from the Indian subcontinent), the same as Taiwan, and only marginally less than Thailand and Australia. |
Clear leaders were host Singapore and neighbouring countries Indonesia and Malaysia. China, though, lagged behind India, despite a booming tourism economy. |
Now, with Food & Hotel Asia 2006, to be held in Singapore from April 25-28, how is India gearing up for Asia's largest food and hospitality event? |
If indications from the recent roadshow are any indication, the event organised by Singapore Exhibition Services could turn out to be a huge networking destination for those looking at studying food and supply trends in hospitality related services and products. |
FHA 2006 is endorsed by India's Agricultural and Processed Food Products Export Development Authority (APEDA) and the India pavilion should have 8-10 participants showcasing processed foods, cereals, fresh food, animal products, floriculture and beverages and liquor. |
Already, the number of registered visitors to the fair number 330 and could rise exponentially. For, the event acts as a platform for comprehensive solutions to front and back-end needs of the food and hospitality industry. |
"Indian buyers visiting the event has broadened considerably," says Ting Siew Mui, senior project manager (lifestyle events), Singapore Exhibition Services. |
The biennial event becomes all the more important for India with tourism booming and an expected 6-7 per cent growth in the hotel, restaurant and institutional service sector over the next few years. |
Indian companies will likely use FHA to source and procure the latest trends in food and hospitality supplies and equipment. |
On the other hand, with the government announcing 100 per cent FDI in the hotel sector, "Our government (Singapore) has shifted focus to investing in India in a big way after five years of concentrating on China," says Mui. |
She also sees Indian ready-to-eat curries and other foods as a big hit with consumers in Singapore. Processed, yet not fully cooked, food is again popular with institutions and restaurants, according to Mui. |
"Singapore is an important market as it has a lot of ethnic population," says Tarun Bajaj, deputy general manager, APEDA. |
India's export to Singapore in 2005 was Rs 150 crore and an increase of 10 per cent in business is pegged for this year. |
Bajaj adds, "The event also acts as a re-export zone to other countries as well as a platform to promote our products and improve relations." |
APEDA also looks at opportunities for tie-ups to engage hotels, restaurants and supermarkets in Singapore to promote its products "" like food variants of the Indian mango, for instance. |
With a forum for general managers of hotels and restaurants to interact, Mui sees it "as a great networking opportunity for international collaborations for expansion and franchise and a business matching between industry and supplier". |
FHA as an umbrella hosts seven cumulative shows simultaneously, each individually tailored for the increasingly sophisticated needs of the food, drinks and hospitality industry. |
FHA 2004 generated business of $16 billion; the 2006 edition is expecting 37,000 visitors and 2,850 exhibiting companies. |