The India International Halal Expo 2020 being organised in Hyderabad will boost the global halal economy
Abdul Bari Masoud | Caravan Daily
NEW DELHI — For the first time in India, an international halal trade show is being organised in the southern city Hyderabad, known as the Muslim cultural hub. The event, billed as the India International Halal Expo 2020, would be held from January 18 to 20, and could attract more than 200 exhibitors and 15,000 attendees from within and abroad.
The Halal market has been growing exponentially worldwide. The idea now is to tap the potential in India, said Muazzam Ahmed Naik, CEO of Atoba Business Networks Ptv. He told Caravan Daily that India International Halal Expo 2020 would boost the global halal economy and act as a connecting point for the world’s halal industries. There, he said, is an increasing awareness among Muslims all over the world about the halal concept.
Quoting the DinarStandard Report, Naik said the global Muslim spend vis-à-vis halal meat would reach $3.7billion by 2020 and this was the right time for companies to participate in India’s first halal tradeshow. Naik’s company, the Atoba Business Networks, is the organiser of this mega event, and is based in Mumbai.
Naik said the halal markets have grown from halal foods to new areas like halal cosmetics, halal logistics, halal fashion, halal healthcare and halal tourism. “The halal industry now spans across industries of food processing, food services, cosmetics, personal care, pharmaceuticals and logistics industries and is expanding further into lifestyle offerings including halal tourism and hospitality services,” he said.
Naik said India is a gateway to the growing halal market. India’s huge Muslim population, the second after Indonesia, makes it an ideal halal marketplace the size of trillions of dollars.
Asked why Hyderabad has been chosen for the event, Naik said the Telangana government is the official partner for this event and it will set up its own pavilion to display and promote local halal products and services. In addition, “Hyderabad is the best place for Halal products in the Indian context, as it has more potential than other metro cities because of its formidable size of Muslim population and culture.”
Extending support to the halal market in India, Mohammed Saleh Badri, secretary general of International Halal Accreditation Forum (IHAF) said “India, being home to several crore Muslims, is a country we look forward to working with as we strive to strengthen IHAF. Driven by our mission to unify the global halal industry and break trade barriers, IHAF is ready to support India in bolstering its halal infrastructure.”
The word halal comes from Arabic language and denotes every lawful object and action in the context of Islamic laws. However, in recent years, there has been addition of different sectors to the halal industry. Studies proved that use of halal products is not only eco-friendly but also has no negative effect on human body. Halal products are getting traction in the global market as it is not only related to Muslims. International Halal Trade Expos are playing an important role in boosting its growth, he said.
So far, 17 editions of the International Halal Trade Expo were held in Malaysia and seven in Turkey. Besides, Dubai, Thailand and London also host the halal expo, and this has emerged as an outstanding platform to position the brands among the latest and most state-of-the-art halal products and services.
The Hyderabad International Trade Expositions Centre (HITEX) will be the most advanced exhibition centre consisting of all types of modern facilities spread over 70 acres land. It would provide modern infrastructure to foreign as well as domestic exhibitors. It has a team of expert professionals, advanced techniques and services of high standards. It will conduct three days’ parallel conference with the industry’s global experts, advisers and halal-eco-system.
The expo will cover the following domains and give its attendees– both individuals and businessmen – a space to explore in sectors like food & beverages, cosmetics, fashion & lifestyle, halal travel and tourism, pharmaceuticals, alternative finance, industrial parks, engineering products, e-commerce and logistics.