indian firms eye agribusinesses in uruguay paraguay
Last Updated : GMT 16:22:18
Arab Today, arab today
Arab Today, arab today

Indian firms eye agri-businesses in Uruguay, Paraguay

Arab Today, arab today

Arab Today, arab today Indian firms eye agri-businesses in Uruguay, Paraguay

Kolkata - XINHUA

Indian companies are scouting for cultivable land in Uruguay and Paraguay to set up agri-businesses such as food processing industries and soya oil plants, an industry executive said Thursday. This follows significant investments by companies such as Adani Group, India\'s state-owned MMTC and Iffco in Africa. Representatives of companies such as United Phosphorus, Mida & Co and Kirloskar Brothers have showed keen interest in investing in agri-business segment. Indian companies under the aegis of industry chamber CII are looking for trade in agricultural products such as rice, soybean, wheat and cotton. According to Paraguay\'s agriculture minister Enzo Cardozo, \" with proactive government support and encouraging investment climate, Paraguay is also emerging as a manufacturing hub for the region. Its geo-strategic location as well as its robust connectivity in terms of transport and communication with its neighbours makes it a preferred destination for investments by Indian companies.\" Genaro Pappalardo, Paraguayan ambassador to India has also said that the Indian companies are mostly interested in food-processing plants. Rengaraj Viswanathan, former ambassador to Argentina, Paraguay and Uruguay, said, \"Paraguay -- the fourth largest soy exporter in the world -- is a good source to import soy oil as well as pulses. So Indians can invest in Paraguayan agri-companies that produce or lease land in collaboration with them.\" Indian businessman Sanjeev Kumar, who has been doing business in Paraguay for over 20 years, said, \"Paraguay provides ideal opportunities for leasing land and developing agro-based export businesses. The labor is cheap, reasonable, peaceful, and being a founding country of Mercosur, its products can be exported to bigger markets like Brazil without any duties.\" The government of Paraguay said it will provide security and seek to create necessary conditions. \"If you want to buy land, install industries, they will provide, if they meet the administrative laws,\" the Paraguayan minister has said. Attracted by its cheap land and labor costs, Indian companies are already engaged in commercial farming in Africa. A large number of people in east African countries such as Kenya work in the cultivation of tea, coffee, corn, vegetable, sugarcane, wheat and fruits, among others.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

indian firms eye agribusinesses in uruguay paraguay indian firms eye agribusinesses in uruguay paraguay

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

indian firms eye agribusinesses in uruguay paraguay indian firms eye agribusinesses in uruguay paraguay

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Airbnb raided by Japan

GMT 01:55 2017 Saturday ,18 November

Airbnb raided by Japan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday