.UAE-headquartered retail store Doozy Group is actually seeking to boost the quantum of Indian agri purchases to Rs 15,000 crore in the following two years as it grows its own network worldwide, a top company representative claimed on Tuesday. Its chairman and also dealing with director M A Yusuff Ali told press reporters that the firm prepares to have an unique pay attention to the organic good purchase as well as views the market value of such items rising to Rs 2,000 crore in a year. "About Rs 10,000 crore bring ins (of agri products) our team are carrying out yearly. Our experts are aiming to increase it to Rs 15,000 crore within pair of years given that our experts are actually also expanding our footprint in lots of nations," he claimed. The bring ins predominantly include commodities like fruit products, vegetables, rice, herbal tea, sweets, seasoning and millets, he said, indicating that the produce goes to the Bay Cooperation Authorities (GCC) nations and various other far-east countries. Ali stated his team has actually consolidated the Indian government-promoted Agricultural as well as Processed Food Products Export Development Authority to boost the portion of natural item procurements. The firm is actually looking to import as much as Rs 2,000 crore of all natural produce from the country in a year at first and also take it as much as Rs 4,000 crore the upcoming year, he said. The UAE-based group is aiming to consolidate teams of planter manufacturers in smaller villages also, he added. The firm is putting in Rs 500 crore to put together a logistic center, featuring freezer in Noida, and also strives to commission it in the upcoming two-three months. In a similar way, a food vegetation in Kashmir is actually additionally "just about full" as well as are going to be commenced in 2-3 months, he stated. Ali rejected remark when asked them about his views on rules controling multibrand retail in the nation. Meanwhile, a source in the group stated it is looking at Maharashtra's wintertime capital Nagpur to have a mall. The team has actually inaugurated or even is in the procedure of building shopping plazas in areas like Coimbatore, Lucknow, Calicut, Ahmedabad, and so on.
Published On Sep 11, 2024 at 08:11 AM IST.
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