GUWAHATI, Feb 6 � Mumbai, the commercial capital of India, shall host the 3rd World Tea & Coffee Expo 2015, India�s only International trade show dedicated to the tea and coffee sectors. With over 100 exhibitors from 10 countries and dedicated country pavilions, this International Tea Coffee show in India promises an even bigger presence to provide the perfect environment for the hot beverage industry to meet face-to-face and develop real business opportunities, said a press release here.
The 2015 edition is to be held at Bombay Exhibition Centre, Mumbai from October 1 to October 3, 2015 and shall cater to a prospective visitor base of over 6000 buyers from across India and abroad � up from the visitor count of 4100 witnessed during the second edition held in Sept 2014.
In addition to a display of innovative and exotic products, machineries, accessories, technologies, vending machines and certifications from the entire gamut of the hot beverage sector, additional activities planned at the expo include: B2B match-making, workshops and championships, a high-level two-day conference by industry leaders, academicians and policy makers, export/import guidance kiosks, knowledge zone etc.
Priti M Kapadia, Director, Sentinel Exhibitions Asia P Ltd, the organiser of the show said, �The 2015 edition of this unique trade fair will also see buying delegations from Iran, Nepal, Dubai, and Russia.�
The global market for RTD (Ready-to-Drink) tea and coffee is expected to reach $125 billion by 2017 with an annual growth rate of 11 per cent. The Asia-Pacific region is the largest market and also showing maximum growth.
Drinking habits and lifestyles have changed in the last 8-10 years and people are now willing to pay more for quality. India is the 2nd largest producer, 2nd largest consumer and 4th largest exporter of tea with a 23 per cent share in global production, a 12 per cent share in world tea exports and a per capita consumption of about 725 grams (2013-14 figures).
The 6th largest producer of coffee in the world, India exports more than 80 per cent of its coffee presently but a rising domestic demand at 7 per cent annually may change this scenario completely over the next decade or so.
WTCE will determine trends, create awareness on optimisation of product lines, enable networking with peers, industry stalwarts, academia and government officials, said the press release.