Close Menu
Timesbite

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    RAK ICC Strengthens Foundations Regime with 2025 Legislative Enhancements

    August 14, 2025

    Westlife Foodworld Celebrates 30 Years of Local Partnership and Progress this Independence Day

    August 14, 2025

    Driving Energy Independence: Eastman Launches SolarLink Grid-Tie Inverter Range

    August 14, 2025
    Facebook X (Twitter) Instagram
    TimesbiteTimesbite
    Demo
    • Home
    • Latest
    • Business
    • Interviews
    • Lifestyle
    • Hervoice/TBTV
    • Sports
    Timesbite
    Home » IBA’s National Beverage Conclave 2024: Paving the Way for India as a Global Beverage Processing Hub
    Business

    IBA’s National Beverage Conclave 2024: Paving the Way for India as a Global Beverage Processing Hub

    By November 29, 2024No Comments3 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Indian Beverage Association (IBA) is organizing the National Beverage Conclave 2024, which will be held at the ITC Maurya Hotel, Sardar Patel Marg, New Delhi. The conclave, scheduled for December 4, 2024, shall focus on the theme of “Making India a Global Beverage Processing Hub“.

    The Conclave aims to position the Non-alcoholic Beverage Industry as a key driver of Indias transformation into a global beverage processing hub. The conclave will also lay touchstone emphasis on sustainable practices in beverage production, reflecting on the industrys commitment to environmental responsibility. It will spotlight the industrys potential to solidify India’s position as a key player in the global beverage processing market and contribute towards the Government of India’s vision of “doubling farmer’s income and thereby the national economy as part of the “Viksit Bharat initiative.”

    The Event shall bring together key stakeholders including Policymakers, Regulatory bodies, Food Processing & Standards Authorities, Export & Trade bodies and other key players within the beverage industry. The global non-alcoholic beverage market was valued at USD 1.8 trillion in 2024 and is expected to reach USD 3.8 trillion by 2034 rising at a CAGR of 7.75%. Similar growth can be observed within India as well, with the industry having a market size of approximately $16 billion in 2023, which is expected to grow to $23 billion by 2028 at a CAGR of 7.29%.

    The Indian Non-alcoholic beverage industry also plays a significant role in employment generation, with over a million jobs created across the value chain as of now, up from 6.9 lakh in 2019, driven by 30% market growth. The industry also supports millions of informal workers and contributes substantially to retail incomes, with beverages occupying over 85% of retail stores nationwide and accounting for 11% of the Total Income as an estimate of the retailer’s revenue. Despite being the world’s largest producer of key raw materials like banana, mango, lime, papaya, milk, and sugar, India’s potential as a global beverage processing hub remains untapped due to supply chain gaps and regulatory challenges. Scaling up processing facilities and adopting modern standards can position India as a leader in global beverage production.

    Commenting on the conclave, Mr. JP Meena, Secretary General, IBA stated, “India holds immense potential to emerge as a global hub for beverage processing. The upcoming National Beverage Conclave 2.0 aims to create meaningful dialogues to help the industry grow. For this event, we are bringing together industry partners and policymakers to unlock and elevate our potential. As an association, we are dedicated to driving innovation, fostering investment, and enabling collaboration to firmly establish India as a global leader in the beverage industry.” He added that major players had already invested Rs 50,000 crore in the sector in the last few years and that investments could rise to Rs 80,000 crore in the next five years with the right facilitative environment.

    The Conclave will build on IBA’s roadmap for making India a global beverage processing hub by 2030. It will focus on best practices, policy recommendations, and fostering an ecosystem that drives export-oriented growth, innovation, and international collaboration. It aims to position India as a global beverage processing hub, leveraging the non-alcoholic beverage industry’s potential to contribute significantly to the nation’s economic growth and its journey toward becoming a 5 trillion-dollar economy.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    RAK ICC Strengthens Foundations Regime with 2025 Legislative Enhancements

    August 14, 2025

    Westlife Foodworld Celebrates 30 Years of Local Partnership and Progress this Independence Day

    August 14, 2025

    Driving Energy Independence: Eastman Launches SolarLink Grid-Tie Inverter Range

    August 14, 2025

    BSE Limited Felicitates HDFC Life Commemorating the Life Insurer’s 25th Anniversary of Incorporation

    August 14, 2025

    VinFast’s Swift Tamil Nadu EV Build Signals Bold Ambition

    August 14, 2025

    Patriotism, Popcorn & Partnerships: Bank of Maharashtra Lights Up Pune’s Independence Day Celebration

    August 14, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Top 5 Businessmen in India: Titans of Industry

    September 24, 2024

    OPPO Find X8 Series Goes on Sale: Price, Launch Offers, Specs and More

    December 4, 2024

    Baba Siddique Assassinated: Mumbai Ex-Minister Gunned Down on Dussehra Night

    October 12, 2024

    Top 5 Online Businesses to Watch for in 2025

    September 23, 2024
    Don't Miss

    RAK ICC Strengthens Foundations Regime with 2025 Legislative Enhancements

    By EditorAugust 14, 2025

    Ras Al Khaimah International Corporate Centre (RAK ICC) has announced significant amendments to its Foundations…

    Westlife Foodworld Celebrates 30 Years of Local Partnership and Progress this Independence Day

    August 14, 2025

    Driving Energy Independence: Eastman Launches SolarLink Grid-Tie Inverter Range

    August 14, 2025

    BSE Limited Felicitates HDFC Life Commemorating the Life Insurer’s 25th Anniversary of Incorporation

    August 14, 2025
    Editors Picks

    What is a Credit Score? The beginner guide for the first-time Indian borrower

    October 26, 2024

    Blending Traditional Classrooms with Augmented Reality: A Transformative Approach to Learning

    October 24, 2024

    Sony India Establishes ‘Cinema is Coming Home’ Concept for BRAVIA Televisions, Stamped by Acclaimed Filmmaker Mr. S.S. Rajamouli’s Cinematic Vision

    October 18, 2024

    Third Wave Coffee marks 8 years of creative journeys fueled by coffee with the ‘Inspiring Indian Crea8ors’ campaign

    October 18, 2024
    Latest Posts

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Advertisement
    Don't Miss

    RAK ICC Strengthens Foundations Regime with 2025 Legislative Enhancements

    By EditorAugust 14, 2025

    Ras Al Khaimah International Corporate Centre (RAK ICC) has announced significant amendments to its Foundations…

    Westlife Foodworld Celebrates 30 Years of Local Partnership and Progress this Independence Day

    August 14, 2025

    Driving Energy Independence: Eastman Launches SolarLink Grid-Tie Inverter Range

    August 14, 2025

    BSE Limited Felicitates HDFC Life Commemorating the Life Insurer’s 25th Anniversary of Incorporation

    August 14, 2025
    Our Picks

    RAK ICC Strengthens Foundations Regime with 2025 Legislative Enhancements

    August 14, 2025

    Westlife Foodworld Celebrates 30 Years of Local Partnership and Progress this Independence Day

    August 14, 2025

    Driving Energy Independence: Eastman Launches SolarLink Grid-Tie Inverter Range

    August 14, 2025

    BSE Limited Felicitates HDFC Life Commemorating the Life Insurer’s 25th Anniversary of Incorporation

    August 14, 2025
    About Us
    About Us

    Welcome to TimesBite, your premier destination for up-to-the-minute news and in-depth analysis across a wide array of topics. Founded with the mission to deliver accurate, reliable, and engaging news coverage, TimesBite is dedicated to keeping our readers informed about the events that shape our world. We're accepting new partnerships right now.

    Email Us: editor@timesbite.com

    Editor’s Pick

    RAK ICC Strengthens Foundations Regime with 2025 Legislative Enhancements

    August 14, 2025

    Westlife Foodworld Celebrates 30 Years of Local Partnership and Progress this Independence Day

    August 14, 2025

    Driving Energy Independence: Eastman Launches SolarLink Grid-Tie Inverter Range

    August 14, 2025
    Most Popular

    Top 5 Businessmen in India: Titans of Industry

    September 24, 2024

    OPPO Find X8 Series Goes on Sale: Price, Launch Offers, Specs and More

    December 4, 2024

    Baba Siddique Assassinated: Mumbai Ex-Minister Gunned Down on Dussehra Night

    October 12, 2024
    Facebook X (Twitter) Instagram LinkedIn
    • About US
    • Disclaimer/ Privacy Policy
    • Contact Us
    © 2025 Timesbite. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.