Indian Institute of Packaging (IIP), a premier institute and an autonomous body working under the administrative control of Ministry of Commerce and Industry is organising 16th edition of National Packaging Exhibition and Conference, INDPACK 2014 on 16-18, 2014.
The main objective of INDPACK 2014 is to provide Indian packaging industry a unique platform where the industry would showcase state of the art packaging technology and machinery, products and services along with international companies providing effective packaging solutions in terms of costs, productivity suitability and quality. The three days exhibition, INDPACK 2014, will witness participation of about 90 exhibitors from all over India.
As compared to the global context, in India, the value addition to food production is only 7%, the same is 23% in China. To realize India’s potential in this industry, the government has set an investment target of US$25.07 billion by 2015 to double India’s share in global food trade from 1.6 percent to 3 percent, increasing processing of perishable food from 6 percent to 20 percent and value additions from 20 percent to 35 percent. Inaugurating the conference K Chandramouli, IAS, Food Safety and Standards Authority of India, said that while India has abundant food supply, the processed food industry is still in its nascent stages, only 2 percent of fruits and vegetables and 15 percent of milk is processed. The opportunity for collaboration and improvement through conferences such as these is huge.