The anatomy of global food and agriculture has undergone a complete metamorphosis in recent decades. According to the World Fact Book of the CIA 2015, the global agricultural output was $ 4,771 billion and 42 percent of this output comes from just six countries, five of them being developing ones. While China leads, India ($ 367 billion) is second largest, US is third ($ 279 billion), followed by Brazil ($ 130 billion), Nigeria ($ 122 billion) and Indonesia ($ 121 billion).In fact, China and India alone account for about 30 percent of the total. The world's population will be about 10 billion by 2050. Food supplies need to increase by 60 percent of the current, as mentioned in 'World Agriculture Towards 2030/2050'.
India's domestic demand for food is expected to go up considerably with increasing population. Indian agriculture needs advanced farming systems, agri services, planting material, farm machinery, agroprocessing equipment, crop care and soil health products, dairy, poultry and fishery technologies, infrastructure, value chain models, agri and food businesses and substantial participation in global food and agro trade. As India’s institutions are providing global expertise and cooperation, it has become the gateway to almost two dozen Asian countries and whole African continent. Though 8% of world’s food is grown here, the share in global trade remains dismal at 2%.
In a bid to introduce contemporary agriculture – Horticulture, Dairy Farming, Food processing technologies etc , along with their best practices that can inevitably help countless farmers and platform owners, ICFA is fully geared up to floor their next edition of IATF 2018.IATF will be an eye opener for the growers, wholesalers, importers, exporters and all other stakeholders of every segment of Agriculture and Farm Machinery, Equipment and allied sectors who want to expand and diversify their business and activities. On the theme of - Building Global Competitiveness, the event will showcase the best and latest in Indian Agriculture and Allied Sectors produced, manufactured and practiced in India and abroad, making it a significant platform for business partnerships worldwide. The platform will be an outstanding opportunity where local, regional and international investors can engage and evaluate promising investment opportunities. Three days fair would bring together local, regional and international livestock breeders, extensive livestock keepers, processors, marketers, industry regulators, policy makers, Business Development Services providers, researchers, academia, farmers, NGOs, input suppliers, development sector, media, machinery suppliers, financiers, insurers, Indian & foreign companies related to Agriculture& Allied Sectors.