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Trade

Leading Fruit importer, LGS Specialty Sales announces strong supply start of clemetines in April

The company reports a 15 per cent increase in volume this season compared to 2019.  LGS Specialty Sales, a leading importer of citrus, avocados and grapes, announces the start of…

Global spice extracts firm Kancor Ingredients to invest Rs 150 crore for expansion

 The company will expand its existing manufacturing facilities and set up new ones incorporating the latest technologies.   Global spice extracts firm Kancor Ingredients, part of France-based flavour and fragrance…

Darigold invests $67M to expand FIT milk production  

This investment includes a major capacity expansion, as well as modern aseptic packaging to produce FIT as a shelf-stable product that can be shipped and stored without refrigeration.    …

Indian pulses imports could drop 60% in 2020-21 – IPGA

Lower imports by India, the world’s biggest consumer of protein-rich pulses, will help to support domestic prices, but will affect farming communities in Canada, Australia, Myanmar and Russia.   India’s…

BASF builds crop protection manufacturing hub in Singapore

The plant will have a production capacity of seven million litres per year, to cover 20 million ha of farmland and employ a staff of more than 25 employees. BASF…

Appiphany Technologies Holdings ties up with LLC & KVG for Hemp seed & Genetics  

The Joint Venture is expected to be operational within the 1st Quarter of 2020.       Appiphany Technologies Holdings Corp., a company focused on the emerging and dynamic Hemp industry,…

Bengaluru based startup Clover raises $5.5 million in a Series A funding round  

The funds will be used to grow its farm network and diversify their offerings         Greenhouse Agritech startup Clover has raised over $5.5 million in a Series…

Iran emerges as the top buyer of Indian tea in 2019

Tea exports to Iran rose 74% last year to 53.5 million kg. Shipments to China also gained on demand for black-tea brands    According to the reports of Bloomberg, Iran…

Government aims to make India a surplus country in terms of pulses production: Narendra Singh Tomar  

India hosts the UN World Pulses Day celebrations in New Delhi.The event was organized this year by NAFED in collaboration with Global Pulse Confederation (GPC).   Inaugurating the UN World…

Amazon launches 10,000 Electric Rickshaw for climate conservation

The company is hoping that its electric vehicles will reduce carbon emissions and environmental impact of delivery operations in the Asian country.   Amazon is set to have 100,000 of…

 Chennai based Agritech Startup WayCool Foods raises $32 mn from Lightbox

Funds will be used to strengthen technology backbone across the agricultural value chain Chennai-headquartered WayCool Foods has raised U$32 Mn in a combination of equity and debt in its Series…

Plant-Based Dairy Brand Goodmylk raises INR 3 Cr in second seed round

Goodmylk aims to utilize this funding to further expand their distribution capabilities, create new institutional partnerships Goodmylk, a Bangalore-based vegan milk brand in India, has raised INR 3 crore in…

India’s rice exports may fall by 18-20% in FY20

As per the report of Drip Capital, rice exports for FY20 expected to fall due to geo-political situations, tighter trade norms and higher MSP on the commodity by government. US-based…

Flora-based dairy Perfect Day raises $140 mn Series C Funding

 Perfect Day, a global leader in the research, development and production of flora-based dairy, announced the closing of $140 million Series C funding round led by Temasek with substantial involvement…

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