Indigene’s food park in Telangana to get fully operational by next March; to generate Rs 500 cr business

Telangana-based Indigene Foods, which is setting up a dedicated park for the production of a wide variety of protein products, is expecting its 25 acre facility to become fully operational by the end of March, 2022. Speaking with Ritwik Sinha of indoasiancommodities, CEO of the firm Dr. Rangaiah Setlam said different sections of plant will become operational […]

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Indian agriculture ministry’s CCE project to strengthen govt flagship crop insurance scheme

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The Ministry of Agriculture recently set afoot pilot projects across 100 districts in 13 states to conduct studies to collate data on the crop output pattern by using high-end automation with private partners. The project is meant to strengthen the government’s flagship Pradhan Mantri Fasal Bima Yojna (PMFBY) by ensuring more scientific and accurate yield […]

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India’s largest tea cooperative plans to enhance retail sales

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India’s largest tea cooperative federation, Indcoserve based out of Coonoor, has set its eyes on enhancing the share of its branded retail sales in the coming years. Commanding a network of 30,000 tea farmers in the Nilgiris hills in Tamil Nadu as well 16 local processing factories, the cooperative presently has an annual production capacity […]

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NCML plans five-fold increase in crop auction via ‘Surakshit Mandi’

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Emboldened by the encouraging response to its ‘Surakshit Mandi’ service in the first year, Gurgaon-headquartered National Collateral Management Services (NCML) has planned to significantly expand this service and take it to more states in the current fiscal.  ‘Surakshit Mandi’ service launched last year just at the onset of Coronavirus and imposition of the national lockdown […]

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BL Agro to expand its non-mustard oil business, build 300 products portfolio by end 2022

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Bareilly-based BL Agro, known for its ‘Bail Kolhu’ brand of packaged mustard oil for over three decades now, has planned to give a major push to its non-mustard oil offerings introduced in the recent years. Speaking with indoasiancommodities, Ghanshyam Khandelwal said that the company has chalked out an ambitious growth plan for its larger FMCG business and […]

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Mustard oil brand ropes in “gang leaders” of Wasseypur for higher sales, glamour quotient

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Bareilly-based BL Agro has roped in the three leading actors of the famous film “Gangs of Wasseypur” for a high-visibility, multi-starrer campaign to boost sales of its five-decade-old flagship mustard oil brand “Bail Kolhu”. Ghanshyam Khandelwal, Chairman and Managing Director, told indoasiancommodities.com that the company was looking at increasing is sales in the upcoming new […]

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Interview: India has the best retail food hypermarket business potential

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Grand Hypermarket, a major retail chain in the Gulf Cooperation Council (GCC) region which is part of Dubai headquartered business conglomerate Regency Group, is now eyeing for big ticket expansion in India – both in the consumer facing and procurement domains.  According to Dr Anvar Ameen, Managing Director of over $1 billion annual sales retail chain, Grand […]

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Omnivore eyeing for investment opportunities in allied verticals; food processing, agri-fintech firms on radar

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Omnivore, the country’s leading VC fund supporting companies in the fast growing agri-tech business, is now planning to expand its ambit and also include startups from allied sectors of the larger food and agriculture space. Speaking with Indoasiancommodities, Jinesh Shah, Managing Partner of the fund, said that Omnivore has already taken some preliminary steps in […]

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