.UAE-headquartered retail store Doozy Group is seeking to raise the quantum of Indian agri purchases to Rs 15,000 crore in the next 2 years as it grows its own network internationally, a leading company representative pointed out on Tuesday. Its own chairman and also managing director M A Yusuff Ali told reporters that the business organizes to possess a special focus on the natural excellent purchase as well as finds the value of such products going up to Rs 2,000 crore in a year. "Regarding Rs 10,000 crore bring ins (of agri products) our experts are carrying out annually. Our team are actually seeking to increase it to Rs 15,000 crore within two years given that our experts are actually additionally broadening our impact in numerous countries," he claimed. The bring ins mostly feature products including fruit products, veggies, rice, herbal tea, sweets, flavor and also millets, he claimed, mentioning that the produce heads to the Bay Participation Authorities (GCC) countries and various other far-east countries. Ali said his group has actually tied up with the Indian government-promoted Agricultural and also Processed Food Products Export Growth Authority to improve the reveal of all natural product procurements. The provider is actually hoping to import up to Rs 2,000 crore of all natural fruit and vegetables from the nation in a year originally and also take it approximately Rs 4,000 crore the next year, he said. The UAE-based team is actually looking to consolidate teams of planter manufacturers in smaller communities also, he included. The business is actually investing Rs five hundred crore to set up a logistic hub, including cold storage in Noida, and strives to appoint it in the following two-three months. Likewise, a meals plant in Kashmir is also "almost total" and are going to be actually inaugurated in 2-3 months, he claimed. Ali rejected review when asked about his viewpoints on rules regulating multibrand retail in the nation. At the same time, a source in the group claimed it is actually taking a look at Maharashtra's wintertime capital Nagpur to have a shopping center. The group has actually inaugurated or even resides in the process of property centers in urban areas such as Coimbatore, Lucknow, Calicut, Ahmedabad, and so on.
Released On Sep 11, 2024 at 08:11 AM IST.
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