Financial Daily from THE HINDU group of publications
Saturday, Feb 09, 2002
Financial Daily from THE HINDU group of publications Saturday, Feb 09, 2002 |
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Agri-Biz & Commodities
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Foods & Food Processing Canada eyes food market Our Bureau
CHENNAI, Feb. 7 CANADA plans to focus on exporting value added food products and beverages to India, which has emerged a major market for its agro-commodities. Addressing importers and trade representatives in Chennai, Mr Benoit Prefontaine, Senior Counsellor (Commercial), Canadian High Commission, said India was seen as a promising market for Canadian products. With the Indian Government deregulating the sector, time was ripe for Canadian industry to identify partners here to tap the market potential. India is among the largest importers of Canadian pulses and peas. The Commission was considering setting up a permanent trade office in Chennai, he said. Mr R.N. Gupta, Senior Advisor (Trade), Canadian High Commission, said following its success in exporting agro-commodities, Canada was now concentrating on value added and processed food products and beverages. Last year alone Canada exported over 6,50,000 tonnes of pulses to India, accounting for 50 per cent of the market share. Mr Charles Charron, Deputy Director, Department of Agriculture and Agro-Food, Canada, said Canada was an attractive destination for those interested in investments in food processing sector.
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