Member Article

Hull's Chaucer Foods signs £100k a year crouton deal

Hull-based Chaucer Foods, has signed a deal with an Indian food manufacturer to export 60 tonnes of croutons a year, worth £100,000 a year and increasing their trade with India by 50%.

This comes as deputy prime minister Nick Clegg embarks on a trade delegation to the country.

Ed Davey, secretary of state for Energy and Climate Change, and Lord Dholakia, the deputy Prime Minister’s India Business Adviser, will also join the delegation.

The Deputy Prime Minister said: “The opportunities presented by the Indian retail and food and drink sectors are obvious. Travel around India and you’ll see more and more British products appearing on the shelves of India’s grocery stores.

“From McVities Digestives to Horlicks and Smirnoff, India’s 1.2 billion consumers are increasingly falling in love with British favourites.

“With more UK companies eager to repeat that success, this is fantastic news for both our economies. India’s food and drink industry is one of the fastest growing sectors in this market.

“I am delighted to see British companies expanding, and I am glad to see the delegation I am leading helping our great retail sector to make even greater inroads and launching iconic brands globally.”

This was posted in Bdaily's Members' News section by Clare Burnett .