26 September, 2020

The New East India Cos

Obtaining millions of hectares for farming in Africa, Indian firms are playing predator

GETTY IMAGES (From Outlook, October 17, 2011)
The New East India Cos
outlookindia.com
-0001-11-30T00:00:00+05:53

Land For cheap...

  • Karuturi: 1,00,000 ha in first phase and 2,00,000 in the second to grow palm, cereal and pulses at an annual rate of 20 birr/ha for 50 years
  • Ruchi Soya: 25,000 ha to grow soya bean at an annual rate of 111 birr/ha for 25 years
  • Sannati Agro Farm Enterprises: 10,000 ha to grow rice, pulses, cereals at a yearly 158 birr/ha for 25 years
  • S&P Energy Solutions: 50,000 ha to grow biofuels, edible oil crops at an annual 143.4 birr/ha for 50 years
  • Verdanta Harvests: 3,012 ha to grow tea and allied crops at an annual rate of 111 birr/ha for 50 years
  • Whitefield Cotton Farm: 10,000 ha to grow cotton at an annual rate of 158 birr/ha for 25 years
  • BHO Bio: 27,000 ha to grow cereals, pulses, edible oils at an annual rate of 111 birr/ha for 25 years
  • CLC Industries: 25,000 ha to grow cotton at 665.85 birr/ha for...
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