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    Russia Deal Farm Hindustan Agro

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    sai
    An Indian agriculture association and a Russian company signed an agreement to set up a network of integrated irradiation centers in India to help preserve foods like fruits, vegetables, meat and cereals for longer periods using irradiation technology. The centers will be jointly managed by an India-Russia venture with the Indian group holding a 51% stake. The first center in Maharashtra will be upgraded under this agreement. Around 25 such centers, each with annual capacities of 35,000-40,000 tonnes, will be set up across India over 5 years to address the country's estimated $2.5 billion annual losses due to lack of cold storage and storage constraints.

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    Russia Deal Farm Hindustan Agro

    Uploaded by

    sai
    42 views1 page
    An Indian agriculture association and a Russian company signed an agreement to set up a network of integrated irradiation centers in India to help preserve foods like fruits, vegetables, meat and cereals for longer periods using irradiation technology. The centers will be jointly managed by an India-Russia venture with the Indian group holding a 51% stake. The first center in Maharashtra will be upgraded under this agreement. Around 25 such centers, each with annual capacities of 35,000-40,000 tonnes, will be set up across India over 5 years to address the country's estimated $2.5 billion annual losses due to lack of cold storage and storage constraints.

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    An Indian agriculture association and a Russian company signed an agreement to set up a network of integrated irradiation centers in India to help preserve foods like fruits, vegetables, meat and cereals for longer periods using irradiation technology. The centers will be jointly managed by an India-Russia venture with the Indian group holding a 51% stake. The first center in Maharashtra will be upgraded under this agreement. Around 25 such centers, each with annual capacities of 35,000-40,000 tonnes, will be set up across India over 5 years to address the country's estimated $2.5 billion annual losses due to lack of cold storage and storage constraints.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    42 views1 page

    Russia Deal Farm Hindustan Agro

    Uploaded by

    sai
    An Indian agriculture association and a Russian company signed an agreement to set up a network of integrated irradiation centers in India to help preserve foods like fruits, vegetables, meat and cereals for longer periods using irradiation technology. The centers will be jointly managed by an India-Russia venture with the Indian group holding a 51% stake. The first center in Maharashtra will be upgraded under this agreement. Around 25 such centers, each with annual capacities of 35,000-40,000 tonnes, will be set up across India over 5 years to address the country's estimated $2.5 billion annual losses due to lack of cold storage and storage constraints.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Brics Summit in Goa: From defence to food deals, India and

    Russia push ahead to reshape trade ties


    Food irradiation centres: Indian agriculture association Hindustan Agro Co-op
    Ltd and United Innovation Corp of Russia signed an agreement to set up a
    network of integrated irradiation centres for food products in India. United
    Innovation Corp is a subsidiary of state-run nuclear corporation Rosatom.

    For the uninitiated, irradiation is a technology that helps safely preserve food
    for longer period of time. India incurs a loss of Rs 2.5 lakh crore in food items
    like fruits, vegetables, meat, cereals, pulses and floriculture due to lack of cold
    storage facilities or storage constraints, according to a report in IANS. The
    agreement is an attempt to address this issue.

    The centres will be managed by an India-Russia joint venture (JV) where


    Hindustan Agro will have the majority 51 percent stakeholding. The irradiation
    centre at Rahuri in Maharashtra, run by Hindustan Agro farmers cooperative
    with with the help of the Bhabha Atomic Research Centre, will be be upgraded
    under this agreement.

    According to Denis Cherednichenko, CEO, United Innovation, it is a landmark


    agreement and signals a move beyond the existing Russo-Indian cooperation on
    building nuclear power plants like Rosatom's Kudankulam project in Tamil
    Nadu.

    Under the around 25 such integrated infrastructure irradiation centres will be set
    up in India. Each plant will have grading, processing, packaging, cold storage
    and export facility. The plan is to set up these plants each with 35,000 tonne to
    40,000 tonne capacity per annum in a period of around 5 years

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