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Saturday, November 7, 1998

High potential for agro products: Rabobank

ENS ECONOMIC BUREAU  
MUMBAI, NOV 6: India needs a lot of capital investment to integrate the entire food value chains and the big opportunity is in products that are regularly consumed by Indians like proteins, milk and dairy products, meal, fish, poultry and eggs, according to Peter Greenberg, Global Head (food and agribusiness) of Netherlands-based Rabobank International.

Integration of food value chains is essential to bring about use of better seeds, better farming and breeding techniques, improvement in the storage, handling and transportation facilities, setting up of international size processing facilities and improvement in the distribution network, Greenberg said at a technical session of ``Agro advantage: Maharashtra'' convention here today.

``There is a great potential for improving the yields of agricultural products and increasing the share of value-added and processed food products in the Indian context,'' he said. The government would have to play an active role in encouraging large-scale private investment inthese sectors, he said, adding ``India's agribusiness is poised for an exponential growth and that India has the potential to be the food factory of the world,'' he said.

Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.


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