Embassy of India

Belgrade

Press Release

 Ambassador of India calls on Minister for Agriculture, Forestry and Water Management of the Republic of Serbia

Ambassador of India to Serbia, Mrs. Narinder Chauhan called on Mr. Branislav Nedimovic, Serbian Minister for Agriculture, Forestry & Water Management of the Republic of Serbia on 17th August 2017 to handover the letter of invitation from Union Minister of Food Processing Industries of India for participation in ‘World Food India 2017’ to be held in New Delhi from 3-5 November 2017. Minister Nedimovic expressed Serbia’s willingness to participate with the possibilities of presenting Serbian agricultural products such as fruits, vegetables and meat in the fair.

Both sides agreed to intensify talks about investments by leading Indian companies in the production of tractors and machinery in Serbia. This will be important not just for commerce as a whole but also for small farmers, through the greater availability of quality tractors and mechanization. Indian companies TAFE, Mahindra and Sonalika sell tractors in Serbia and have a fine reputation, including Jain irrigation equipment.

India is the fastest growing economy and one of the most attractive investment destinations in the world. The Indian food processing industry has grown by 11% in the last decade and is expected to reach $480 billion by 2020. The 'World Food India-2017' is a global event to facilitate partnerships between Indian and international businesses and investors, it is a gateway to the Indian food economy and an opportunity to showcase, connect, and collaborate. Organized by the Ministry of Food Processing Industries of India, WFI will be the largest gathering of investors, manufacturers, producers, food processors, policy makers, and organizations from the global food ecosystem.

Place: Belgrade

Date: August 18, 2017