You are here: Home » Current Affairs » News
More high-net Indians, Chinese applying for US 'Golden visa': Report
Bombay HC to hear Shiv Sena's plea for Dussehra rally at Shivaji Park today
Business Standard

India's first plant-based meat shipped to the US from Gujarat: Report

The 5,000 kg consignment consisted of mini samosas, hot and spicy strips, momos, spring rolls, nuggets, and grilled patty, among other products

Topics
BS Web Reports | Vegan meat | Apeda

BS Web Team  |  New Delhi 



indian economy, exports, imports, trade deficit

Plant-based protein food company GREENEST shipped the first consignment of India's plant-based meat to the US on Wednesday. The 5,000 kg consignment consisted of mini samosas, hot and spicy strips, momos, spring rolls, nuggets, and grilled patty, among other products, according to an announcement by the Agricultural and Processed Food Products Export Development Authority (APEDA), and reported by BusinessLine(BL).

"This is just a beginning, and we hope that India with its rich vegetarian heritage will become a hub for the growing global demand for plant-based Vegan products," M Angamuthu, chairman, APEDA, was quoted as saying by BL.

The report further added that expects the Indian plant protein market to reach $400-450 million in the next five years.

GREENEST has collaborated with Wholesome Foods to export its plant-based products to the US. Gaurav Sharma, founder of GREENEST said that the company has been receiving "large interest" from foreign markets.

Wholesome Food's managing partner Jeet Hirpara added that the consignment to the US is the "first of many more to follow."

"Plant-based vegan food is a burgeoning category with a strong international potential and we see it as one of the key contributors to our packed foods export portfolio from Gujarat," Harpreet Singh, regional head, APEDA- said.

GREENEST's investors include names like Better Bite Ventures, a New Zealand-based dedicated Alt Protein VC fund, Magnetic and Sachid Madan, former chief executive of ITCs’s frozen snacks business.


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, September 22 2022. 10:03 IST

RECOMMENDED FOR YOU