fbpx
Emerging Trends Advisors Important Announcement! Emerging Trends Advisors Official Statement READ NOW

Level 18, Park Ventures Ecoplex,
57 Wireless Road, Bangkok,
Thailand 10330

Home » India » UAE and Saudi Arabia to invest in making India hub for food security.

UAE and Saudi Arabia to invest in making India hub for food security.

Jan 14, 2019 | Emerging Trends Advisors, India

United Arab Emirates and Saudi Arabia have decided to make India as a base for food security for the countries and plan to invest in both organic and food processing industries, minister of commerce and industry and civil aviation Suresh Prabhu said on Sunday.

Speaking to media at the Partnership Summit organised by the Confederation of Indian Industries (CII) held in Mumbai, Prabhu said that the development comes at a time when India has recently announced an agricultural exports policy.

"India is already the largest producer of milk and the second largest producer of fruits which gives it a huge potential to export," Prabhu said.

He added that the government has identified which product will be exported from which district and each district will be divided into clusters for that. For example, Nasik has been identified for grapes, Nagpur for oranges, Ratnagiri for mangoes etc. It is working with states to facilitate this arrangement.

ETA Investment Banner

Make an Enquiry
Fill out the form and a member of our team will get back to you shortly.Usual response time 1-2 hours.


Prabhu, however, did not disclose details about the potential investment.

The export policy has removed restrictions on the export of both organic and horticultural products and UAE and Saudi Arabia wants to invest in both kinds of products.

India is expected to produce 290 million tonnes of agricultural products along with 310 million tonnes of horticultural products, according to advanced estimates.

Article Source : economictimes.indiatimes

Leave a Reply

Login With Emerging Trends Advisors [ultimatemember_social_login id=237543] Or Register With Emerging Trends Advisor

Up to 15% Returns on Investment

Fixed return investments fully backed by properties.

*15% p.a. paid at the end of the term on capital gain option*

 

Submit your email address and a member of our team will contact you shortly. Usual response time is 1-2 hours.

Thai Cannabis Industry sprouting New Investment Opportunities

Thai Cannabis Industry sprouting New Investment Opportunities

Thai Cannabis Industry sprouting New Investment Opportunities Policy to allow every Thai household to grow six marijuana plants for sale to the government is starting to take root.Thailand has built what’s being described as the biggest industrial-scale medical...

3,000 rai of land reclaimed | 330Billion Baht Investment

3,000 rai of land reclaimed | 330Billion Baht Investment

3,000 rai of land reclaimed | 330Billion Baht Investment A significant boost for the EEC and Si Racha District US energy company Exxon Mobil is committed to spending roughly 330 billion baht on its ethylene cracker and refinery expansion project in Si Racha District,...

UP TO 15% PER YEAR FIXED RETURN

 

Flexible Terms

3 year investment plan, ideal for first-time investors.

Flexible Payment Options

Option to receive interest payments monthly or quarterly.