1. Indian government allowed 100 per cent FDI in five plantation crops, mainly coffee, rubber, cardamom, palm oil tree and olive oil tree via automatic route.
2. India's National Collateral Management Services (NCML) said it has signed a pact with AFGRI, South Africa's largest agri-business company, for collaboration into areas like cross-border trade flow, grain management and marketing, trade finance and collateral management, inspection, testing and certification, geo mapping, weather intelligence and crop estimation
3. $90m Nestlé plant opens in Malaysia;
4. China and India’s grocery markets are set to grow in double digits to US$2.4tr by 2020, according to the latest forecast by food and grocery researchers IGD.
5. Signature International, which already has a production facility built to European standards in the city of Nashik 200 miles north of Mumbai has plans to build 20 flatbread manufacturing plants across the Indian subcontinent within the next five to 10 years.
6. SEAF India fund sees strong US and SE Asia interest targeting to raise $150m. The fund will invest $20m to $25m in small and medium enterprises, including food supply and other agribusinesses in India.
7. The Global Food Safety Initiative (GFSI) has entered into three partnerships (CNHFA, UNIDO, CNCA) involving China to boost food safety.
2. India's National Collateral Management Services (NCML) said it has signed a pact with AFGRI, South Africa's largest agri-business company, for collaboration into areas like cross-border trade flow, grain management and marketing, trade finance and collateral management, inspection, testing and certification, geo mapping, weather intelligence and crop estimation
3. $90m Nestlé plant opens in Malaysia;
4. China and India’s grocery markets are set to grow in double digits to US$2.4tr by 2020, according to the latest forecast by food and grocery researchers IGD.
5. Signature International, which already has a production facility built to European standards in the city of Nashik 200 miles north of Mumbai has plans to build 20 flatbread manufacturing plants across the Indian subcontinent within the next five to 10 years.
6. SEAF India fund sees strong US and SE Asia interest targeting to raise $150m. The fund will invest $20m to $25m in small and medium enterprises, including food supply and other agribusinesses in India.
7. The Global Food Safety Initiative (GFSI) has entered into three partnerships (CNHFA, UNIDO, CNCA) involving China to boost food safety.
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