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HomePosts Tagged "UAE"
Company News, Packaging & Labelling, Supply Chain, World

The MoU with Tetra Pak to maximise efficiency without compromising on quality or food safety

IFFCO Group, as part of its ESG-based strategic plans in the Kingdom of Saudi Arabia, has signed an MoU with Tetra Pak, the world’s leading food processing and packaging solutions company, designed to drive the momentum of sustainability initiatives within the group’s manufacturing facilities.

This groundbreaking collaboration between IFFCO, the UAE-based multinational FMCG group, and the renowned multinational entrepreneurial organisation, Tetra Pak, cements a strategic alliance that supports the implementation of global standards in state-of-the-art practices and technologies aimed at minimising the group’s environmental impact.

IFFCO is expanding its operations in Saudi Arabia by building a state-of-the-art factory equipped with the latest technology to locally produce sustainable, high quality and delicious products while adding value to the Saudi Arabian economy and contributing to reducing waste, lowering emissions and prioritising green industry protocols. The factory will initially focus on producing culinary creams and has formalised the MoU with Tetra Pak to maximise efficiency without compromising on quality or food safety.

The MoU with Tetra Pak to maximise

Horticulture, India, Supply Chain, Trade

The initial shipment was sent from Ghazipur to the UAE and was flagged off virtually by Agricultural and Processed Food Products Export Development Authority (APEDA) Chairman Abhishek Dev

Purvanchal, located in eastern Uttar Pradesh, has made its first-ever export of banana plant derivatives to the United Arab Emirates (UAE). Along with fruits and vegetables, the leaves and flowers of the plant were also exported. The initial shipment was sent from Ghazipur to the UAE and was flagged off virtually by Agricultural and Processed Food Products Export Development Authority (APEDA) Chairman Abhishek Dev from the Lal Bahadur Shastri International (LBSI) Airport in Babatpur, Varanasi.

The export of banana fruits, flowers, and leaves is mainly dominated by South India. However, Purvanchal farmers are now also making a name for themselves in the international market for this agricultural product. In August this year, there was a 10 metric ton increase in exports compared to the same month last year. The Agricultural and Processed Food Products Export Development Authority (APEDA) attributes this success to the supportive policies of the Yogi government and the hard work of the farmers. Purvanchal banana leaves and flowers are now gaining acceptance in foreign countries.

APEDA’s Varanasi Regional Office announced that with the support of the Yogi government, fruits and vegetables from India are now available in foreign markets. In particular, bananas from Ghazipur will be exported with their leaves and flowers, marking the first time all three are being exported together.

 Apart from this, Amda, Karonda, Bhindi and Parwal have also been exported to the UAE in recent times.

In August 2022, 81 metric tons of vegetables and fruits were exported from Varanasi airport, while last month, the export was increased to 91 metric tons.

The initial shipment was sent from Ghazipur

Company News, Organic, Supply Chain, Transportation, World

This agreement with MGX is evidence of ONIT’s commitment to providing natural, organic agriculture inputs that perform as well or better than traditional chemical products to farmers around the world

ONIT Sciences announced that MGX will serve as the exclusive authorised distributor for ONIT’s innovative organic products across three major agricultural regions.

“This agreement with MGX is evidence of ONIT’s commitment to providing natural, organic agriculture inputs that perform as well or better than traditional chemical products to farmers around the world,” stated Jeff Moses, president of ONIT Sciences. “MGX is a proven performer, with a world-class team and deep connections to major crop producers in each region they serve. We are extremely excited to open these new markets and help support organic initiatives in countries that have been harmed by chemical farming protocols.”

MGX will carry all ONIT Science products, including its flagship ONIT Grow, a powerful bio-stimulant, surfactant and soil amendment that uses all-natural, organic ingredients to penetrate even the toughest plant surface to stimulate plant vigour and yield. Increases in yield have been documented as high as 40 per cent in some crops. Also available through MGX are the company’s ONIT Input Plus and ONIT Input products, which help farmers significantly reduce costs by enhancing the uptake and absorption of any nutrient, fertiliser or other input that it is mixed with.

“At MGX, we are excited about this new opportunity that will be a great extension to our existing lineup of quality products.  From our initial research, we can see that ONIT’s organic products will be well received within the agricultural communities and within the governments,” stated Moe Negin, Founder of MGX Global Trade Canada Corp. “Our mission is to give back to local communities in rural areas by supplying environmentally sustainable products to help our planet and for healthier future generations.”

Territories covered by this exclusive Authorized Distributor agreement include:

South America

Colombia, Peru, Brazil, Mexico, Panama, Argentina, Chile

Middle East/North Africa
Algeria, Turkey, Dubai, UAE, Bahrain, Egypt, Oman, Libya, Saudia Arabia, Qatar, Kuwait, Lebanon, Iraq, Israel, Jordan, Syria, Tunisia, Yemen

Philippines

This agreement with MGX is evidence of

Company News, Finance, Floriculture, India, Organic, Start ups

 Company will use this funding to increase production capacity, and diversify product mix.

Mumbai based Agritech startup QuantoAgro has announced raising funds through angel/HNI round co-led by SANangels Network with participation from HNIs from UAE and the USA and opened the round for institutional investors. ReHive.Org was the advisor to this round.

With circular economy initiatives that generate additional revenue streams and reduce operating costs, QuantoAgro aims to create a sustainable and economically resilient agricultural sector in India and improve smallholder farmer livelihood. It is committed to reducing environmental impact of agriculture, transitioning to chemical-free, regenerative, and commercial-scale farming of aromatic crops to make specialty ingredients like essential oils for pharma, home & personal care, food & beverage, and aromatherapy industries.

“We are delighted by the response we are getting from our customers and are rapidly expanding farming and processing capacity to meet their demands. We will use this funding to increase production capacity, diversify product mix, and hire talent to deliver value to our customers,” said Dushyant Gupta, the CEO of QuantoAgro.

Recently, QuantoAgro acquired 400+ acres of farmland in Maharashtra for expanding its operations and is setting up a world-class essential oil plant including isolate extraction capabilities.In the next 3 years, QuantoAgro aims to generate 1 million employment days in rural India, expand farming to 3,000 acres, use 1,03,175 MT of agricultural waste, sequester 20,000 tons of carbon, and produce 12,50,000 Kgs of sustainable essential oil.

“We believe QuantoAgro’s ability to streamline a highly fragmented farming and processing value chain, deliver consistently on product quality, and focus on sustainability will be a game changer in the essential oils industry. We are excited with the overwhelming response from our angel investors and look forward to supporting QuantoAgro in their institutional round,” said Sanjay Shukla, Co-Founder and CEO of SANangels Network.

Globally essential oils industry is valued at USD 22 billion and Indian market is around USD 1.5 billion with some of the segments growing at 7-12 per cent CAGR. The need to replace synthetic components with sustainably sourced plant-based ingredients is driving demand globally.

With its innovative approach to sustainable agriculture, QuantoAgro is well-positioned to take advantage of this growing demand. The company’s focus on reducing environmental impact of agriculture while delivering high-quality products has caught attention of customers worldwide.

 Company will use this funding to increase

AgroPolicy, Foodgrains, India, Supply Chain, Sustainability, Trade, World

MoU to help promote millets and value-added millet products in international markets

In a move to harness the export potential of millets to the Gulf Cooperation Countries (GCCs), the Agricultural and Processed Food Products Export Development Authority (APEDA) which works under the Ministry of Commerce, Government of India, has signed a Memorandum of Understanding (MoU) with Lulu Hypermarket LLC.

APEDA aims to promote millet products and value-added products around the world in association with Lulu Group, which is an international retail hypermarket chain that operates stores and shopping malls across Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, Egypt, India and the Far East.

As per the agreement, the Lulu Group will facilitate promotional activities for millet products and enable the country to display millets and its value-added products, ready to eat products in international retail chains by sourcing it from Farmer Producer Organisations, Farmer Producer Companies, women entrepreneurs and startups.

APEDA will facilitate manufacturers to send various samples of millet products to Lulu Hypermarkets, which will be showcased at its various stores. APEDA, in association with Lulu Group, will also provide assistance in the labelling of the products in accordance with the requirement of different importing countries.

As a part of its series of events for the promotion of the International Year of Millets (IYoM) 2023, APEDA is organising export promotion activities for millets in 16 International Trade Fairs, including Gulfood 2023.

India has exported millets worth $ 46.05 million from April-November 2022-23 and the UAE is the major importing country of Indian millets. The signing of the MoU will facilitate APEDA’s strategy to promote the export of millets and its value-added products in West Asian countries to achieve the overall set target of USD 100 million for the export of millets and its value-added products by 2025.

The MoU was signed between Dr Tarun Bajaj, Director of APEDA and Salim VI, the Chief Operating Officer of LuLu Group in presence of APEDA Chairman Dr M Angamuthu, Consul General of India Dr Aman Puri and M.A. Yusuff Ali, the Chairman & Managing Director of Luu Group.

Speaking on the occasion, APEDA Chairman M Angamuthu said, “It’s a good opportunity to boost our exports as India has very distinctive traditional varieties of millets which are loved by health-conscious people. The export of millets will help in increasing the income of farmers.”

APEDA has also planned to organise millet promotional activities in South Africa, Japan, South Korea, Indonesia, Saudi Arabia, Sydney, Germany, the United Kingdom and the United States of America by facilitating the participation of different stakeholders from India in some of the significant food shows, Buyer Seller Meets and Road Shows.

MoU to help promote millets and value-added

AgroPolicy, Australia, Middle East countries, Textile industry, Trade

Goyal was speaking on the sidelines of the news trade agreements in the textile sector between India, Australia and the UAE

The Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal said that new Economic Cooperation and Trade Agreements with Australia and the UAE would open infinite opportunities for the textile industry. He said that Indian textile exports to Australia and the UAE will now face zero duty and expressed confidence that soon Europe, Canada, the UK and GCC countries would also welcome Indian textile exports at zero duty.

Goyal was delivering the Keynote address at the Golden Jubilee Celebrations of the ‘Confederation of Indian Textile Industry- Cotton Development and Research Association’ (CITI- CDRA) in New Delhi today. The Vice President of India, M Venkaiah Naidu was the chief guest at the celebration.

The minister mentioned that trade agreements would help in increasing exports from labour-intensive industries. He added that India must also be open to receiving new technology, rare minerals, raw materials which are in short supply in India etc. from the world at reasonable costs. This will only increase our production, productivity and quality, which in turn will increase demand for our products all over the world, he said.

Goyal also said that the Indian textile industry has the potential to achieve $100 billion in exports by 2030.

He applauded CITI-CDRA for working towards developing a robust cotton ecosystem by directly engaging about 90,000 cotton farmers. The minister observed that more than just fibre, cotton has been an integral part of Indian culture, lifestyle and tradition.

Goyal called upon Indian cultivators to adopt new technologies and global best farm practices. He spoke of the AI technology that is enabling farmers in Australia to control spraying operations, as the cotton crop is sensitive to spraying through data-driven decision making.

Goyal was speaking on the sidelines of

AgroPolicy, Textile industry, Trade

APEDA signs MoU with DP World & Al Dahra on the UAE side regarding ‘Food Security Corridor Initiative’

India and UAE signed the historic Comprehensive Economic Partnership Agreement (CEPA) aimed at boosting the merchandise trade between the two countries to $100 billion over the next five years. The deal was signed during the virtual summit meeting between Prime Minister of India, Narendra Modi and HE Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi.

Emphasising that CEPA would generate 10 lakh jobs across multiple labour-intensive sectors, the minister said that major sectors like agriculture and food products, textiles, leather, footwear, furniture, plastics, engineering goods, pharmaceuticals, medical devices, sports goods etc. will benefit from this deal and create large scale, employment for our young boys and girls.

Several other agreements were also signed today between the two nations, including an MoU between APEDA and DP World & Al Dahra on the UAE side regarding ‘Food Security Corridor Initiative’ and an MoU between GIFT city (IFSCA) and Abu Dhabi Global Market (ADGM).

APEDA signs MoU with DP World &