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By Author
Published on February 25, 2024
Kerala, known for its rich culinary heritage, is now attracting global attention for its burgeoning food technology sector. Recently, at the 'Investor Conclave' organized by the Kerala State Industrial Corporation (KSIDC) in Dubai, the state showcased its immense potential in the food, ready-to-eat, and food tech domains.
The conclave, held alongside the prestigious Gulfood 2024 event, provided a platform for investors, entrepreneurs, and industry leaders to explore the investment opportunities in Kerala's food sector. Suman Billa, Principal Secretary (Industries and NORKA), highlighted Kerala's impressive infrastructure dedicated to food processing, including modern parks and facilities.
The event witnessed enthusiastic participation from global policymakers, industry experts, and investors. S Harikishore, Managing Director of KSIDC, emphasized Kerala's commitment to creating an enabling environment for both domestic and foreign investors in the food-based ecosystem. The state's cosmopolitan outlook and extensive international market offer ample opportunities for growth and expansion.
Kerala's food ecosystem has benefited from progressive reforms, in line with the Kerala State Industrial Policy 2023. With significant contributions to India's agricultural output, Kerala stands out for its production of spices, cocoa, coffee, and seafood processing. The state also boasts a robust network of research and development institutions dedicated to the food sector, fostering innovation and excellence.
Institutions like the Central Institute of Fisheries Technology and Kerala Agricultural University play a pivotal role in driving advancements in the sector. With a fertile land and conducive climate, Kerala is poised to emerge as a key player in the food processing industry, both nationally and internationally.
The presence of global investors and the positive response to the conclave underscore Kerala's growing prominence in the food tech landscape. As the state continues to harness its strengths and opportunities, it presents an enticing prospect for investors seeking to capitalize on the thriving food sector.
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