Rabobank was established 100 years back as a credit cooperative for farmers in the Netherlands, which is the largest food and agri-business exporter of the world after USA and France. ``India should be the food factory of the world, but lot of things have to change,'' said Hans Hannaart, another managing director of Rabo India which has a total of four managing directors, he said.

``We are not here to finance farmers, which should be done by local banks. We are here to provide finance to food processing industry,'' Hannaart said.

Rabo India's managing director Rana Kapoor said `We intend to integrate India aspart of our global network and over a period of time migrate lot of medium-sized companies into India.'' Kapoor said Rabo India, which has shortlisted 10 of the projects being offered for private sector investment by the Maharashtra govt at the `agro advantage Maharashtra' conference beginning tomorrow, would be involved in research opportunities, finding joint venture partners and providing alternative opportunities in India.