Connect with:
Sunday / September 8. 2024
Home2023June (Page 2)

The prestigious recognition, made possible through the completion of necessary formalities, will officially brand the renowned local product

The State government of Goa has announced a grant of Geographical Indication (GI) tag for ‘Goan Cashew’ (nuts and apple). This was the long pending demand of cashew producers for protecting the Goan cashew and its unique identity.

Swetika Sachan the Director of Industries, Trade and Commerce informed about the imminent granting of a GI tag for ‘Goan Cashew’.

The prestigious recognition, made possible through the completion of necessary formalities, will officially brand the renowned local product.

According to the local media, the GI tag is expected to significantly enhance the reputation and marketability of Goan cashews, providing a tremendous boost to the cashew industry as a whole.

The Goa government is also keen on highlighting Goa’s diverse range of handicrafts, art, and cultural heritage. The State government is to launch Unity Mall in collaboration with Invest India.

The prestigious recognition, made possible through the

A roadmap for the revival of the Pradesh Cooperative Dairy Federation – popularly known as Parag Dairy, has also been prepared

Dr Meenesh Shah, Chairman National Dairy Development Board, has said that NDDB is committed to the development of the dairy sector in Uttar Pradesh, for which it is working with the Government of Uttar Pradesh. A roadmap for the revival of the Pradesh Cooperative Dairy Federation – popularly known as Parag Dairy has also been prepared, and discussions are on to bring its idle capacities to better utilisation.

“When we took over the Varanasi Milk Union’s 2 Lakh litre per day capacity dairy plant, just more than a year back, it was operating merely at 6,000 to 7,000 litres, which is now operating at more than one Lakh litre per day. This reinforces that by providing better services to milk producers and bringing about professionalism and efficiencies in operations, the dairy cooperatives can be revived in Uttar Pradesh. However, the revival of the dairy sector in Uttar Pradesh through cooperative strategies would require joint efforts of Dairy Cooperatives and Milk Producers’ Organisations.” Dr Shah said.

He was speaking to the journalists after inaugurating the mobile milk vending van operation for the sale of milk at the consumer doorsteps in Agra. Besides, he inaugurated one Bulk Milk Cooler and a Bio-gas plant in nearby villages, where he also distributed maize fodder seeds to dairy farmer members of Saahaj Milk Producer Company Limited to promote quality fodder.

Dr Shah said that “this has been possible with the negotiation with the agency by taking into account carbon credits earned from these biogas projects, thus enabling the supply of biogas plants to the farmers at a minimum rate. I am happy to inform you that we are now targeting to set up at least 50,000 biogas plants across India the milk farmers organisations as this will help the environment besides supplementing the income of the farmers.”

A roadmap for the revival of the

Omnivore expects to make 25-30 new investments in Seed and Series A rounds of agritech startups, with initial cheque sizes ranging between $1 million and $5 million.

 Impact venture capital firm Omnivore is pleased to announce the first close of its third fund at $ 150 million. The Omnivore Agritech & Climate Sustainability Fund, which was launched in April 2022, will continue focusing on startups developing breakthrough technologies for agriculture, food, climate, and the rural economy.  First close investors include KfW, the Self-Reliant India (SRI) Fund, FMO, SIFEM, the International Finance Corporation (IFC) with support from the Bill & Melinda Gates Foundation Inclusive Agritech Facility, Louis Dreyfus Company Ventures, the Dutch Good Growth Fund (DGGF), the Belgian Investment Company for Developing Countries (BIO), and Yara Growth Ventures.

With their third fund, Omnivore expects to make 25-30 new investments in Seed and Series A rounds of agritech startups and MSMEs, with initial cheque sizes ranging between $ 1 million and $ 5 million.  Key themes for new investments include agrifood life sciences, rural fintech, and climate-smart agriculture.

Over the past year, Omnivore has exited two agritech startups, delivering strong returns to its investors.  In July 2022, Omnivore sold its stake in aquaculture IoT startup Eruvaka to Nutreco, a global leader in animal nutrition and aquaculture, realizing the largest exit in Indian agritech to date.  Later, in March 2023, Omnivore sold its stake in precision sprayer manufacturer MITRA to farm machinery giant Mahindra.

According to Mark Kahn, Managing Partner at Omnivore, “The greatest risk and opportunity for Indian agriculture are the adverse effects of climate change. Our new fund will have a sharper focus on catalyzing climate action in agriculture by funding startups addressing climate mitigation and climate adaptation.”

Jinesh Shah,Managing Partner at Omnivore, noted, “We are grateful to our investors who share Omnivore’s vision of making India an agritech superpower which positively impacts the lives of smallholder farmers globally.”

Omnivore was founded in 2011 by Mark Kahn and Jinesh Shah to fund Indian startups building the future of agriculture and food systems.  Omnivore pioneered agritech investing in India, and over the past decade has backed over 40 startups which are making farming more profitable, resilient, sustainable, and climate-proof.  Omnivore raised $ 82 million for its second fund, which had a final close in April 2019. Some of Omnivore’s portfolio companies include DeHaat, Arya, Stellapps, Reshamandi, Ecozen, Aquaconnect, and Pixxel.

Omnivore expects to make 25-30 new investments

The project involves the evaluation of elite sugarcane clones in the various sugar mills located in different zones of the country

ICAR-Sugarcane Breeding Institute, Coimbatore, and the Indian Sugar Mills Association (ISMA), New Delhi signed an MoU and launched a project in the Institute premises, for the identification of location-specific & climate- resilient varieties with high yield & quality potential for both tropical and sub-tropical regions of the country.

Speaking on the occasion, Aditya Jhunjhunwala, President of ISMA said that the project, to be implemented with a financial outlay of Rs.7.5 crores, will help in identifying varieties with better yields that would benefit the farmers. Mentioning that investment in R&D in the sugarcane sector is very minimal in the country, he felt that this and similar projects would help the Indian sugar industry in meeting the sugar and energy needs of the country.

Delivering the Presidential address, Dr. G.Hemaprabha, Director, ICAR-SBI said that it is for the first time a project of this magnitude is being taken up by the Institute with the support of ISMA. The project involves the evaluation of elite sugarcane clones in the various sugar mills located in different zones of the country with the objective to achieve a cane yield of 100 tonnes/ha and a sugar recovery of about 11.5 per cent. The evaluation trials in the identified sugar factories will be conducted for five-six years wherein 40-50 superior clones will be tested for their yield and quality potential, she added.

Over 150 scientists and staff of ICAR-SBI participated in the MoU exchange ceremony.

The project involves the evaluation of elite

The implementation of stock limit orders and the status of stock disclosure on the portal are continuously monitored by the Department of Consumers Affairs and the State Governments

The Government has decided to release Tur from the national buffer in a calibrated and targeted manner till imported stocks arrive in the Indian market. The Department of Consumer Affairs, Ministry of Consumer Affairs, Food & Public Distribution has directed National Agricultural Cooperative Marketing Federation (NAFED) and National Cooperative Consumers Federation (NCCF) to dispose of Tur through online auction among eligible millers to augment the available stocks for milling into Tur Dal for the consumers.

The quantities being auctioned and the frequency will be calibrated on the basis of the assessed impact of the disposal on the availability of Tur to consumers at affordable prices.

It may be recalled that the Government had imposed stock limits on Tur and Urad by invoking the Essential Commodities Act, of 1955 in order to prevent hoarding and unscrupulous speculation and also to improve affordability to the consumers. Under this order, stock limits have been prescribed for Tur and Urad until 31st October 2023 for all states and UTs.

Stock limits applicable to each of the pulses individually are 200 MT for wholesalers; 5 MT for retailers; 5 MT at each retail outlet and 200 MT at the depot for big chain retailers; last 3 months of production or 25 per cent of the annual installed capacity, whichever is higher, for the millers. The order has also made it mandatory for these entities to declare the stock position on the portal (https://fcainfoweb.nic.in/psp) of the Department.

The implementation of stock limit orders and the status of stock disclosure on the portal are continuously monitored by the Department of Consumers Affairs and the State Governments. In this regard, data on stocks held by various entities in warehouses of Central Warehousing Corporation (CWC) and State Warehousing Corporations (SWCs), stocks pledged by market players with banks etc. have been crosschecked against the quantities declared on the stock disclosure portal.

The State Governments are continuously monitoring the prices in their respective States and are verifying the stock positions of stock-holding entities in order to take strict action on those who violated the stock limits order. 

The implementation of stock limit orders and

The Babrala plant is one of the largest and most sustainable agricultural units in the country, annually produces 1.2 million metric tonnes of urea.

 Yara India, a subsidiary of Yara International and the world’s leading crop nutrition company, recently overhauled its manufacturing unit in Babrala, Uttar Pradesh in record time of 35 days, reducing its Specific energy of Urea to below 5 Gcal/MT Urea. After this overhaul, this plant is one of the most sustainable Urea manufacturing plants across India among the same vintage plants and the most sustainable among the manufacturing units under the Yara global network.  It demonstrates Yara India’s unwavering commitment to enhancing efficiency and sustainability within the agricultural industry.

This significant achievement marks a milestone since Yara’s acquisition of the plant from Tata Chemicals in 2018. Through diligent efforts, Yara has successfully been able to lower the Specific Energy Consumption from 5.18 GCal/MT Urea to an impressive 4.95 GCal/MT Urea. This remarkable reduction corresponds to a 5 per cent decrease in emissions, which is equivalent to substantial annual decrease of approx 70,000 TCO2e. By adhering to the principles of 7Rs of sustainability, the Babrala site has achieved remarkable energy efficiency, specific water consumption, effluent generation, and greenhouse gas emission reduction. These achievements position the Babrala unit as a trailblazer within the urea manufacturing industry in India.

Highlighting its commitment to sustainable land management, Yara India’s Babrala unit has undertaken extensive water conservation projects within and beyond the fence. In former category, Yara Babrala replaced their old STPs with new MBR based technology STP and using the treated sewage effluent for high end application as cooling water makeup. Also, the site developed the infrastructure for rainwater harvesting, having potential of 1,28,000 KL.  In latter category, over the past two years, the company has successfully covered 350 acres of agriculture land, showcasing its dedication to fostering sustainable agricultural practices of water conservation and ensuring future food production. The company aims to cover 300 acres of land by the end of CY 2023. The site has also rejuvenated four nos. of ponds (approx 15000 sq mtr) in nearby community for ground water recharge. The Babrala plant, one of the largest and most sustainable agricultural units in the country, annually produces 1.2 million metric tonnes of urea.

Sanjiv Kanwar, Managing Director, Yara South Asia, said, “We take immense pride in our newly renovated Babrala plant which now has taken its position among the leading sustainable manufacturing facilities in the country. The unit embodies sustainability, with health, environment, safety, and quality as its key pillars. It has played a pivotal role in driving economic growth by creating employment opportunities through collaborations with local stakeholders and suppliers. We strive to set industry benchmarks by adopting the highest level of environmental responsibility and employing cutting-edge technologies for sustainable operations. Our continuous growth efforts at Babrala align with our global commitment to responsibly nourish the world and safeguard our planet while uplifting the local community towards the nature positive food future”.

Maya Shanker Prasad, Plant Head, Yara Fertilisers India Pvt. Ltd., said, “For 28 years, Barbara Plant has played a vital role in our nation’s food security. We have provided crop nutrients that have helped feed people across the country. We are committed to becoming one of the most sustainable plants globally.”

The Babrala plant is one of the

Utrisha N/BlueN is the first biostimulant to be included in the USDA Agricultural Marketing Service Process Verified Program

Corteva Agriscience announced that Utrisha N, a microbe-based nitrogen fixation product, has been verified as a USDA Process Verified Program (PVP) by the United States Department of Agriculture.

The USDA Process Verified shield assures farmers that the USDA validated quality management systems and specific process points Corteva established to indicate the quality of Utrisha N, which is also branded as BlueN in some markets. Utrisha N/BlueN is the first biostimulant to be included in the USDA Agricultural Marketing Service Process Verified Program.

“Corteva sought the USDA PVP to elevate farmer and industry expectations for biostimulant knowledge and transparency. Programs such as the USDA PVP provide innovative tools for building farmer confidence in our biostimulants,” said Frederic Beudot, General Manager, Biologicals Business, Corteva Agriscience. “We are committed to being a leader in the biologicals market and providing farmers with sustainable solutions that bring value and productivity to their operations.”

To receive the verification, the USDA Agricultural Marketing Service conducted a rigorous audit of Corteva’s adherence to the exacting International Organisation for Standardisation 9000 Quality Management Standards. It also audited criteria set by Corteva. The robust standards encompass Symborg production and manufacturing at its facilities in Spain, as well as efficacy in fields in the United States.

Utrisha N/BlueN is the first biostimulant to

ASIA FRUIT LOGISTICA brings together leading players from across the global fresh produce business and every step of the value chain.

ASIA FRUIT LOGISTICA, the leading trade show for Asia’s fresh fruit and vegetable industry, returns to AsiaWorld-Expo in Hong Kong on 6-8 September 2023. Thousands of high-quality trade visitors and top buyers from fresh produce industry supply chain will attend ASIA FRUIT LOGISTICA to discover an array of products and services, including fresh produce, technology, machinery, and logistics. Buy your tickets online now to save up to 40% compared with registering onsite and skip the queues in Hong Kong. Tickets include free access to ASIAFRUIT CONGRESS and ASIAFRUIT BUSINESS FORUM, with both events held on the show floor across all three days of ASIA FRUIT LOGISTICA. Tickets are now available to purchase at the online Ticket shop: www.asiafruitlogistica.com/buy-your-tickets/

Strong exhibitor line-up

Exhibitors from 38 different countries and regions have already registered to showcase their products and services at the show. Big brands and key players from across the global fresh produce business all gather in ONE place – ASIA FRUIT LOGISTICA.

Some 22 industry associations and entities will have national or regional pavilions, including Australia, Belgium, Brazil, Canada, Chile, China, Ecuador, Egypt, France, Germany, Italy, Malaysia, Moldova, the Netherlands, New Zealand, Peru, South Africa, South Korea, Spain, Turkey, USA and Vietnam.

ASIA FRUIT LOGISTICA brings together leading players from across the global fresh produce business and every step of the value chain. The exhibitor line-up features top names and brands in the business, including Aomori, BayWa Global Produce, T&G Global, Capespan, ClemenGold, Costa, Del Monte, Dole Asia, Goodfarmer, Jingold, Joy Wing Mau, Mission Produce, Pagoda, Pink Lady, Rockit  Apple, Rijk Zwaan, Valleyfresh, WayCool Foods and Zespri among others.

Exhibitor registrations are still being accepted. Book your stand now at ASIA FRUIT LOGISTICA 2023 to take advantage of the latest advances and untapped market opportunities, and to secure your participation at Asia’s largest gathering of the global fresh produce industry. For more information about exhibiting, please visit www.asiafruitlogistica.com/why-exhibit/

Top-quality insights

The visitor pass also includes access to a busy event programme bringing a wealth of information and insights. ASIAFRUIT CONGRESS, Asia’s premier event for business information and networking, homes in on the latest trends and opportunities in the fast-moving Asia market. Marketing, trade, and technology are all in focus on the three-day programme. Topics on the agenda include ‘New market demographics in Asia’, ‘Where next in food retail?’ and ‘Big changes on China’s distribution landscape’. For more info on ASIAFRUIT CONGRESS and to view the full agenda, go to: https://www.asiafruitlogistica.com/asia-fruit-congress/

ASIAFRUIT BUSINESS FORUM presents three days of workshops under different tracks. At the ‘Launchpad’ on Day One, exhibitors showcase new products, technologies, and solutions. Day Two offers ‘Partner Content’, including special Chinese-language sessions curated by Asiafruit China. On Day Three, the ‘Logistics Hub’ features expert talks and discussions on cold chain logistics, from sea freight to air cargo. More details are available at https://www.asiafruitlogistica.com/asiafruit-business-forum/

For more information on ASIA FRUIT LOGISTICA, please contact the Organising Team by email: info@gp-events.com

ASIA FRUIT LOGISTICA brings together leading players

CPF will invest Rs 600 crore in aquaculture and agro-business in India

Thailand-based Charoen Pokphand Foods (CPF) recently launched two new premium shrimp feed products such as Blanca Extra, CP Mondon Advance Super Marine Extra and seed products Turbo Rocket and Turbo Kong, according to the statement from the company.

Dr Pong Visedpaitoon CPF Chairman and Kwanchai Chaiprem, Vice Chairman along with Sirapong Na Pongs CPF President for Indian Business were present at the launch at Vijaywada.

CPF will invest Rs 600 crore in aquaculture and agro-business in India, said Kwanchai Chaiprem. He also added, “The Company is also improvising and developing agro-based products which will enable farmers to grow exponentially in Andhra Pradesh. CPF seeks to focus on strengthening its businesses with additional funds within a month or two. The company has been in the Indian market for the past 30 years.”

CPF will invest Rs 600 crore in

With this portal, DAHD will facilitate the regulatory approval process with transparency to assess and examine veterinary product proposals.

Union Minister of Fisheries, Animal Husbandry & Dairying, Parshottam Rupala launched NANDI – NOC Approval for New Drug and Inoculation System portal at Krishi Bhawan, New Delhi. With this portal, DAHD will facilitate the regulatory approval process with transparency to assess and examine veterinary product proposals will be more streamlined through seamless integration with the SUGAM portal of Central Drugs Standard Control Organization. Rupala expressed appreciation for the outstanding work of the Department of Animal Husbandry and Dairying (DAHD) and highlighted the initiative as a significant step towards advancing Digital India and promoting the well-being of livestock and the livestock industry. The launch of the NANDI portal is another notable undertaking following the animal vaccination coverage initiative and Mobile Veterinary Units (MVUs). This initiative would also provide valuable support to researchers and industries from a commercial perspective. By raising awareness among livestock rearers and improving logistical facilities, there would be an increase in the consumption of drugs. Union Minister stressed the importance of closely monitoring the portal’s activities for a few months to establish a robust system. Rupala expressed appreciation for the contributions of all stakeholders, including CDAC, in the development of the NANDI portal.

The veterinary vaccines have had, and continue to have, a major impact not only on animal health and production but also on human health through increasing safe food supplies and preventing animal-to-human transmission of infectious diseases. This is a part of our whole ecosystem. it is important to keep our livestock healthy and maintain regular supply of vaccines and medicines.

The DAHD has been making constant efforts to facilitate the regulatory approval process in timely manner, which is very important for the availability of veterinary drugs and vaccines in the country.

In order to expedite regulatory process for approval of animal drugs and vaccines NANDI (NOC Approval for New Drug and Inoculation System) the department has developed NANDI portal through CDAC in coordination with Central Drugs Standard Control Organization (CDSCO) in pursuance of the spirit of Digital India vision initiated by the Hon’ble Prime Minister and captures the essence of Minimum Government and Maximum Governance by leveraging the IT Systems. NANDI will bring about growth and innovation by enabling quick and easy coordination between various Government Departments, Institutes, and Industry through a seamless interconnected system designed to expedite and strengthen the regulatory process. The portal has inbuilt features for end-to-end coordination between Departments, Committees/Subcommittee and Applicants.

With the launch of NANDI (NOC Approval for New Drug and Inoculation System), DAHD continues to stride towards achieving the interventions laid out as part of its Animal Pandemic Preparedness Initiative (APPI).

With this portal, DAHD will facilitate the

Apples from the US to compete on the level playing field with other countries

With the decision to the resolution of six outstanding World Trade Organisation (WTO) disputes between the US and India through mutually agreed solutions as jointly communicated during the official state visit of the Prime Minister to the USA, India will remove additional duties on eight US products, including apples.  

The decision will not result in any negative impact on domestic apple producers and will result in competition in the premium market segment ensuring better quality at better prices for consumers.

After the removal of this duty, the apples from the US would compete on a level playing field with other countries.

The decision will ensure that only premium quality apples could be imported for which there exists a specific market segment and specific demand.

An additional 20 per cent duty was imposed on US apples in 2019 in response to USA’s measure to increase tariffs on certain steel and aluminium products. There is no reduction on Most Favoured Nation (MFN) duty on apples which is still applicable on all imported apples including in the USA at 50 per cent.

The import of apples from the world has been stable in the range of $ 239 – 305 million (except in 2021-22 when it was $ 385 million) in the last five financial years since the application of these additional duties on US apples. The import of apples from the USA has decreased from $ 145 million (127,908 Ton) in FY 2018-19 to only $ 5.27 million (4,486 Ton) in FY 2022-23.

The market share of the US apples was taken by other countries due to the imposition of additional retaliatory duty on US apples. This is reflected as the import of apples from countries other than the US increased from $ 160 million in FY 2018-19 to $ 290 million in FY 2022-23. Turkey, Italy, Chile, Iran and New Zealand are other top exporters to India of apples which took the market share of the US.

Apples from the US to compete on

The project focuses on leveraging sample hyperspectral data from Pixxel’s pathfinder satellites to develop analytics models focused on the crop mapping

Ministry of Agriculture & Farmers Welfare signed an MOU with Pixxel Space India Pvt. Limited in the presence of the Manoj Ahuja, Secretary, DA&FW, Pramod Kumar Meherda, Additional Secretary, DA&FW and other senior officers of the Ministry at New Delhi. C. S. Murthy, Director, MNCFC signed the MOU on behalf of the Government of India, whereas Abhishek Krishnan, Chief of Staff represented M/s Pixxel Space India Pvt. Limited. It aims to develop various geospatial solutions on a pro bono basis for the Indian Agriculture Ecosystem using Pixxel’s hyperspectral dataset. The project focuses on leveraging sample hyperspectral data from Pixxel’s pathfinder satellites to develop analytics models focused on crop mapping, crop stage discrimination, crop health monitoring, and soil organic carbon assessments. This will enable the Government to develop use cases with hyperspectral data provided by PIXXEL. MNCFC on behalf of the DA&FW will associate with the Pixel team for developing and implementing the suitable methodologies.

Hyperspectral remote sensing technology includes spectral measurements in narrow wavelength bands by satellites and such measurements offer certain unique indices to monitor and assess the health of crops and soils. This is an emerging technology with unique capabilities for monitoring agriculture. Crop health monitoring by detecting the changes in chlorophyll content and canopy moisture status, using hyperspectral data would be beneficial to find crop risk management solutions for farmers.

Soil nutrient mapping including soil organic carbon assessments is one of the important applications of hyperspectral technology. The soil reflectance observations measured by the sensors offer more direct, cost-effective datasets to estimate soil organic carbon. This will also help to develop the early detection of crop stress and accurate diagnostics of crop stress due to pest/disease or water using hyperspectral data offering numerous opportunities to strengthen the current advisory system of the Government benefiting millions of farmers.

Secretary, DA&FW expressed that such types of collaboration with young startup companies will go a long way for developing innovative geospatial solutions using advanced satellite imaging technology. The new technology will reduce dependence on manual surveys and measurements which are time-consuming and prone to errors.

The project focuses on leveraging sample hyperspectral

Due to the lower-than-anticipated potash price, ICL expects to see a negative impact to its 2023 EBITDA guidance of approximately $400 million.

Israel based ICL, a leading global specialty minerals company, announced an update to its 2022 to 2024 framework agreement with its customers in China. The company has agreed to supply those customers with an aggregate amount of 800,000 metric tons of potash during 2023, with mutual options for an additional 350,000 tons. The agreed upon price is $307 per ton, which aligns with recent contract settlements.

Due to the lower-than-anticipated potash price, ICL expects to see a negative impact to its 2023 EBITDA guidance of approximately $400 million. In addition, a recovery in demand for flame retardants, which was expected in the second half of the year, has not yet begun to materialize. If a recovery is delayed until the end of 2023, it could result in a further reduction of approximately $200 million in EBITDA guidance for the year. The company reiterated it is on track with regard to its five-year plan and does not expect these developments to have a material impact on its execution.

Due to the lower-than-anticipated potash price, ICL

IFFCO & Kapoor Enterprises Inc, California has signed an agreement in regards to exporting nano urea to the USA

Indian Farmers Fertiliser Cooperative Ltd (IFFCO) announced that the company has signed an agreement with Kapoor Enterprises Inc for the export of nano liquid urea to the US. Kapoor Enterprises is based in California.

According to the statement, IFFCO has started exporting the world’s 1st Nano Urea invented & manufactured indigenously in India by IFFCO to the USA. IFFCO & Kapoor Enterprises Inc, California has signed an agreement in regards to exporting nano urea to the USA.

IFFCO exports more than 5 lakh bottles of nano-liquid urea to more than 25 countries.

In June 2021, IFFCO launched the world’s first nano urea fertiliser, while nano DAP in April this year.

A 500 ml bottle of IFFCO nano urea liquid will replace at least one bag of conventional Urea. The bottle can significantly bring down the cost of logistics and warehousing. IFFCO has already sold more than 5.7 Crore bottles of the nano urea liquid in India since its commercial rollout. Both Nano Urea and Nano DAP are game-changing innovations in the agriculture sector.

IFFCO & Kapoor Enterprises Inc, California has