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2026.03.24
India's gifting industry reached about $75.16 billion (about 11.3 trillion yen) in 2024, and is projected to grow to $92.32 billion by 2030 (TechSci Research). There is ample opportunity for Japanese food products to establish a position as gift items in this massive market.
In particular, corporate gifting (business-to-business gift giving) is valued at about 12,000 crore rupees (Rs 120 billion rupees, approximately 204 billion yen) in scale. Although this remains just under 2% of the overall market, it is growing two to three times faster than consumer gifting. Premium and luxury gifts still account for less than 5% of the overall market, but demand is expanding rapidly.
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The gift market around Diwali, India's biggest festival, is estimated at about 2 lakh crore rupees (about $27 billion) as of 2023 (Technopak Advisors). Introducing Japanese food gifts into this major shopping season is the most effective way to enter the market.
Japanese food products that work well as Diwali gifts:
Starting sales outreach to businesses two to three months before Diwali, and finishing your catalog by September, is key to success.
In Indian corporate culture, gifting to business partners and employees is an important business custom. Beyond Diwali, there is demand for corporate gifts throughout the year on occasions such as the following.
Japanese companies Delhi and Mumbai can use the Japanese business community there as a starting point to spread awareness of Japanese food gifts among Indian companies, which is an effective strategy.
In India's gift market, the beauty of the packaging accounts for much of a product's perceived value. Japanese packaging traditions, such as furoshiki wrapping cloths, origami motifs, and wooden boxes, give Indian consumers a strong sense of premium quality.
Designs based on colors considered auspicious in India, such as gold and red, while blending in Japanese delicacy, are the most effective.
In India's gifting market, purchases via e-commerce are surging. Listing gift sets on platforms such as Amazon India, Flipkart, and IGP (Indian Gifts Portal), and setting up digital payments gift-wrapping options is important.
Quick commerce (Blinkit, Zepto) can also be used for "same-day delivery gifts," which is a differentiating point for
India is Bengaluru has Onam and Ugadi, Kolkata has Durga Puja, Chennai has Pongal, and other region-specific festivals exist. Rather than a single nationwide approach, running gift campaigns tailored to each region's festivals makes it possible to stabilize sales throughout the year.
middle-class For India's more affluent consumers, "Made in Japan" is proof of quality. Carefully conveying, through product packaging and e-commerce descriptions, the origin of ingredients, the manufacturing process, and artisan craftsmanship through storytelling boosts purchase intent.
Instagram Visually conveying the appeal of Japanese food culture through product stories and Reels on social media is also an effective strategy.
Entering the gift market requires partnering with Local partners. Local expertise is especially important in the following areas.
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India's gifting industry is huge and is expected to keep expanding. Corporate gifting in particular is growing faster than consumer gifting. Demand for premium gifts is also rising, leaving room for Japanese food products to enter by appealing to quality.
Diwali is India's biggest festival and the central shopping season for the gift market. Effective products include matcha gift sets, premium Japanese tea assortments, and vegetarian-friendly Japanese sweets. The key to success is starting corporate sales activities months in advance and finishing your catalog early.
In India's gift market, the beauty of the packaging greatly influences a product's perceived value. Elements of Japan's gift-wrapping culture -- furoshiki cloth, origami motifs, wooden boxes -- can give a strong sense of premium quality. Design that is built around colors considered auspicious in India while blending in Japanese delicacy is effective.
In Indian corporate culture, gifting to business partners and employees is an important practice, and there is demand year-round, not just at Diwali, including at New Year's, Holi, Eid, and to mark joining a company or a promotion. For Japanese companies, an effective strategy is to start from the Japanese business community in Delhi or Mumbai and expand awareness from there.
India has region-specific festivals, such as Onam and Ugadi in Bengaluru, Durga Puja in Kolkata, and Pongal in Chennai. Rather than a uniform nationwide approach, running gift campaigns timed to each region's festivals helps stabilize sales throughout the year.
Entering the gift market requires local knowledge for practical matters such as obtaining FSSAI certification and handling labeling, building sales channels for corporate gifts, securing logistics for chilled and frozen products, and handling returns and exchanges. Building a distribution network with a local partner who can handle these is a prerequisite for stable supply.
India's $75.1 billion gift market is an extremely attractive market for Japanese food companies. By starting with Diwali and then expanding into corporate gifts, e-commerce gifting, and region-specific festival offerings, you can build a stable sales base throughout the year.
India Market: entering the gift market with Japanese food gifts localization requires refined packaging and cultural understanding-- product design based on both is the key to success.
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