The PM of Dubai unveils blueprint for a $1.5 bn Food Park
The Dollar Business Bureau Sheikh Mohammed bin Rashid Al Maktoum, the Prime Minister of UAE unveiled his government’s plans for setting up a $1.5 bn Food Park in his country. The blueprint for the Dubai Food Park(DFP) was shown to the media on 23 August. The UAE state media agency representative WAM, said that the country aims to take advantage of Dubai’s strategic position as a regional hub for food trade, export, import and trading of foodstuffs. The Food Park is the latest addition to the Dubai Wholesale City(DWSC), the largest wholesale hub in the world that is likely to take up 550 million square feet. The DFP could take 10 years to be constructed, covering nearly 48 million square feet of ...
No MEIS benefit on guar gum products is impacting its exports
Aamir H Kaki The modest and humble guar gum, a low-value crop grown on marginal land got transformed into one that can generate substantial income for farmers in recent years. The modest seed mostly harvested in the tropical regions of India (Rajasthan, Haryana and Gujarat) and Pakistan, used as a food crop for animals, gained international fame due to its viscosity. The innocuous looking seed/powder transformed into a product that can generate substantial income for processors, manufacturers, traders and farmers. Owing to its usefulness in food, paper, textile and in the gas and oil industries India’s export of guar gum powder, saw a steep increase from a mere $84.7 million in 2001-02 to $3,930 million in 2012-13, becoming the largest agricultural export ...
