Saudis keen to invest in Indian food sector: Envoy tells Karnataka authorities

Agencies
December 5, 2018

Bengaluru, Dec 5:  Saudi Arabia was keen to invest in the Indian food sector as India was one of the largest exporters of grains and vegetables to the desert kingdom, its ambassador to India Saud bin Mohammed Al-Sati said on Tuesday.

"We are looking to invest in the Indian food sector, particularly in packaging, storage and transportation, as India is one of the largest exporters of food grains and vegetables to our kingdom," Sati told an interactive session with India Inc here.

In view of the 30 per cent wastage in the Indian farm sector due to bottlenecks in storage, packaging and transportation, the envoy said investment by Saudi Arabia would benefit both the countries.

Projecting a 10 per cent increase in bilateral trade between the two countries this fiscal (2018-19) from $27.5 billion last fiscal (2017-18), Sati said there was immense scope to boost it further by investing in agriculture, chemicals, fertilizers and tourism.

"There is a great potential for tourism as we are reducing our dependency on petroleum oil. We are expecting about 8 lakh Indians to visit our country this year as against 5 lakh last year," said the ambassador.

Calling upon India Inc to explore business opportunities in his country, the envoy told the Karnataka members of the Confederation of Indian Industry (CII) apex body to invest in the education and IT sectors to benefit the 3 million Indian expats in the kingdom.

Hydrolines Chief Executive R.P. Nair said IT, IT-enabled services, pharmaceuticals, life sciences, manufacturing, power, energy, transport and logistics, food processing and beverage, infrastructure and construction, plastics and polymers chemicals and automotive were the key sectors for trade between the two countries.

"As relations between the two countries were robust and vibrant, there is huge potential to expand the cooperation in unexplored areas. India can be a strong partner in Saudi Arabia's expansion process," added Nair.

Earlier, Sati called on Karnataka Chief Minister H.D. Kumaraswamy at the state Secretariat in the city centre along with former Minister and Congress legislator Roshan Baig.

Also Read: Bengaluru to get Saudi Arabian consulate soon

Comments

Joseph Stalin
 - 
Wednesday, 5 Dec 2018

Great gift for people. It will help to increase jobs in food packaging, storaging and transporting sections

Unknown
 - 
Wednesday, 5 Dec 2018

Actually we need govt like Saudi . They are really working for people's development and satisfaction. Modi govt such a waste. Working for unwanted issues

Sandeep Ullal
 - 
Wednesday, 5 Dec 2018

Packaging, stiraging fields will improve far better than now. Good news.. Congrats HDK govt. Thank you saudi govt

Vinod
 - 
Wednesday, 5 Dec 2018

Such a nice move. HDK doing great things

Reshma kodialbail
 - 
Wednesday, 5 Dec 2018

Indians love arabian foods. Already we adopted many arabian foods than western

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coastaldigest.com news network
May 29,2020

Dammam, May 29: A woman hailing from Mangaluru, who was waiting for repatriation amidst coronavirus lockdown in Saudi Arabia, passed away yesterday after a brief illness.

The deceased has been identified as Lateefa (55), wife of Abdul Azeez, a resident of Angaragundi near Baikampady on the outskirts of the city.

She had flown to Saudi Arabia in November 2019 along with her husband to spend some time with their NRI son in Dammam. They were supposed to return in April this year.

After the sudden cancellation of regular flights due to lockdown, they were waiting for the repatriation flights from Dammam to Mangaluru or Bengaluru.

Meanwhile, Lateefa’s health condition worsened and she was hospitalised. She passed away on Thursday without responding to any treatment. Last rites are expected to take place in Dammam.

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News Network
July 2,2020

Bengaluru, Ju 2 As many as 19 deaths and 1,502 new COVID-19 cases were reported in Karnataka till 5 pm on Thursday, as per information provided by the State Health Department.

The total number of COVID-19 cases in the state now stands at 18,016, including 9,406 active cases.

While 8,334 patients have been discharged after treatment, 272 people have succumbed to the virus.

India's COVID-19 tally breached the 6 lakh cases mark with 19,148 new coronavirus cases being reported in the last 24 hours, informed the Union Ministry of Health and Family Welfare on Thursday.

The total cases now stand at 6,04,641 of which there are 2,26,947 active cases while 3,59,860 patients have been cured/discharged/migrated. 434 deaths have been reported in the last 24 hours taking the number of COVID-19 deaths in the country to 17,834.

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News Network
May 29,2020

New Delhi, May 29: Opining that there is no harm in importing ideas from abroad Swadeshi Jagran Manch, an affiliate of Rashtriya Swayamsevak Sangh, has suggested that India should take a cue from Pakistan and turn the “locust threat” into “chicken feed.

In an interview, Ashwani Mahajan, national co-convener of Swadeshi Jagran Manch (SJM) said: “I saw an article which shows that Pakistan has turned the locust threat into an opportunity by converting it into chicken feed”

“If there is a good idea originating from anywhere, we should be open to exploring such ideas. We should adopt good ideas. There is no harm in that,” he added.

He also shared the article on Twitter and wrote: “Pakistan turns locust threat into chicken feed. Need to understand the idea and replicate it in India.”

The article stated “an innovative pilot project in Pakistan’s Okara district offers a sustainable solution in which farmers earn money by trapping locusts that are turned into high-protein chicken feed by animal feed mills”.

“It was the brainchild of Muhammad Khurshid, a civil servant in the Ministry of National Food Security and Research, and Johar Ali, a bio-technologist from the Pakistan Agricultural Research Council,” according to the article.

Both Pakistan and India have been hit by locust attacks. These are desert locusts, which is one of the 12 species of short-horned grasshoppers. Swarms can comprise billions and travel up to 130 km in a day.

India has been battling the locust attacks with moderate success since December. However, the onset of monsoon could bring more trouble.

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