All About Food Expo (AAF 2008) August 6-8, 2008

India is the most preferred location for business and with a GDP of US$ 3.6 trillion, it is one of the five largest economies in the world. The Indian economy grew 9.4% in 2006-07, the fastest in 18 years and this growth is estimated to continue in the coming years. According to recent surveys, India is one of the most attractive retail markets in the world estimated at US$ 350 billion. The food industry in India is currently estimated to be worth over US$ 200 billion and expected to grow to the level of US$ 300 billion by 2015. The development of the food sector in the country provides an immense opportunity for large investments in food and food processing technologies, skills and equipment. India presents an attractive and viable opportunity for foreign companies wanting to make a foray into the Asian market. The food industry is booming with the growing economy and rising income in the country. Changing lifestyle and highly disposable incomes have prompted the Indian consumer to increasingly accept world cuisines - Chinese, Thai, Greek, Lebanese, Italian, Mexican, Mediterranean restaurants are mushrooming even in small towns.

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