According to U.S. officers, american meals and agricultural merchandise has contributed to an 11 per cent progress in the US agricultural-related exports to India over the previous two years. Representational picture.
| Photo Credit: The Hindu
A high-powered US trade delegation will visit India later this month to explore opportunities in the nation’s big agribusiness sector and additional promote American merchandise amongst India’s rising center class.
“India represents a growth economy for the US agribusinesses seeking to capture an increasing share of the household food purchases in the fifth-largest economy in the world,” mentioned Under Secretary of Agriculture for Trade and Foreign Agricultural Affair Alexis Taylor.
From April 22 to 25, Taylor will lead a US Department of Agriculture (USDA) agribusiness trade mission to Delhi.
“India’s rising middle-class consumers’ familiarity with American food products and increased purchasing power is a real opportunity for US producers,” Taylor mentioned.
“This, along with the Indian consumers’ trusted view of American food and agricultural products as high-quality has contributed to an 11 per cent growth in the US agricultural-related exports to India over the past two years,” she mentioned.
While on the trade mission, individuals will have interaction in focused business-to-business conferences and web site visits to construct new trade linkages, strengthen current partnerships, observe US merchandise in {the marketplace}, and uncover the newest Indian client meals traits.
Participants can even obtain in-depth market briefings from USDA’s Foreign Agricultural Service and business trade specialists.
In an announcement, the USDA mentioned that final yr, India diminished tariff necessities for US poultry merchandise, greens, fruits, pulses, and tree nuts, strengthening the agribusiness trade relationship between the US and India.
The trade mission will comply with up on these wins and safe an increasing variety of new buy agreements for American farmers, ranchers and producers, it mentioned.
