High Commissioner of India to Singapore, Shilpak Ambule, highlighted India’s potential as a key food supplier to Singapore during the Food & Hospitality Asia show. This move aims to address food security concerns and meet the evolving demands of Singapore’s diverse consumer market. The inaugural edition of Indus Food Asia 2026, organized by the Trade Promotion Council of India and Department of Commerce, signifies India’s efforts to explore new global markets for its food products.
The event, graced by over 100 Indian companies, showcased a wide array of products ranging from rice, processed foods, tea, coffee, spices, to wines, spirits, and GI-tagged products like makhana and Kala Namak rice. Major Indian commodity boards and export promotion bodies, including APEDA, MPEDA, Spices Board, Coffee Board, and Tea Board, participated in the event, emphasizing India’s commitment to global food security through sustainable solutions.
Singapore, despite its small population of around 6 million, imports a significant $16.2 billion worth of food and beverages, meeting almost 90% of its requirements. The country serves as a crucial food import hub in Asia, providing access to the wider ASEAN and Asia-Pacific region. Success in Singapore opens doors to neighboring ASEAN markets, making it a strategic location for global food distributors and retail procurement teams.
The Food & Hospitality Asia show at Singapore Expo, hosting 2,750 exhibitors from over 60 countries, projects the Asian food and beverages market to exceed $3.3 trillion by 2034. Additionally, the hospitality sector is anticipated to reach $181.2 billion by 2029, reflecting the region’s growing opportunities in the F&B and hospitality industries.
