WASHINGTON — The USDA Below Secretary for Commerce and Overseas Agricultural Affairs Alexis Taylor will lead an agribusiness commerce mission to New Delhi, India, from April 22-25, 2024. USDA is now accepting functions from U.S. exporters who want to be part of this delegation.
“There is no such thing as a bigger untapped market on this planet for U.S. agriculture than India and its 1.4 billion customers,” Taylor stated. “We achieved notable tariff reductions this 12 months on chickpeas, lentils, almonds, walnuts, apples and frozen turkey amongst different merchandise that may open market alternatives for U.S. farmers on this planet’s most populous nation. We’ve entered a brand new chapter of U.S.- India commerce relations, and FAS is worked up to help our meals and agriculture exporters discover all that India’s market has to supply.”
Whereas in New Delhi, U.S. agribusinesses will take part in business-to-business conferences with potential importers from India, Nepal and Sri Lanka. FAS employees and native/regional trade commerce specialists will present detailed market briefings to your entire U.S. delegation. The occasion will embrace engagements with USDA management, related retail and web site visits in New Delhi and the encircling space, and a number of networking alternatives.
Whole U.S. agricultural and associated product exports to India, Nepal and Sri Lanka exceeded $2.5 billion in 2022, with January – October 2023 exports reaching greater than $1.7 billion. India leads the area as one of many fastest-growing economies on this planet. Its fashionable retail sector, together with a quickly increasing center class and a extremely environment friendly e-retail sector, presents newfound alternatives for a various vary of U.S. exports, amongst them: animal protein; and turkey and duck for the lodge, restaurant, and institutional sector. The deadline to use for the India commerce mission is Monday, Jan. 22. For delegation consideration, click on right here.