US commerce mission to go to India to discover alternatives in agribusiness

A high-powered US commerce delegation will go to India later this month to discover alternatives within the nation’s large agribusiness sector and additional promote American merchandise amongst India’s rising center class. “India represents a development financial system for the US agribusinesses searching for to seize an growing share of the family meals purchases within the fifth-largest financial system on the planet,” stated Underneath Secretary of Agriculture for Commerce and International Agricultural Affair Alexis Taylor.

From April 22 to 25, Taylor will lead a US Division of Agriculture (USDA) agribusiness commerce mission to Delhi.

“India’s rising middle-class shoppers’ familiarity with American meals merchandise and elevated buying energy is an actual alternative for US producers,” Taylor stated.

“This, together with the Indian shoppers’ trusted view of American meals and agricultural merchandise as high-quality has contributed to an 11 per cent development within the US agricultural-related exports to India over the previous two years,” she stated.

Whereas on the commerce mission, individuals will interact in focused business-to-business conferences and website visits to construct new commerce linkages, strengthen current partnerships, observe US merchandise within the market, and uncover the most recent Indian client meals developments.

Members will even obtain in-depth market briefings from USDA’s International Agricultural Service and business commerce specialists. In a press release, the USDA stated that final 12 months, India diminished tariff necessities for US poultry merchandise, greens, fruits, pulses, and tree nuts, strengthening the agribusiness commerce relationship between the US and India.

The commerce mission will observe up on these wins and safe an increasing variety of new buy agreements for American farmers, ranchers and producers, it stated.