Karuturi to outsource Ethiopian land to Indian farmers
- Business Standard
- 12 October 2011
Karuturi Global is looking at outsourcing 20,000 hectares of farm land in the African nation to Indian farmers on a revenue-sharing basis.
Karuturi Global is looking at outsourcing 20,000 hectares of farm land in the African nation to Indian farmers on a revenue-sharing basis.
Obtaining millions of hectares for farming in Africa, Indian firms are playing predator.
New book explains the reasons behind the land grab phenomenon and why so many Ethiopians are not only alarmed but also adamantly opposed to it.
The MoA has identified a total of 2.6 million ha of land fit for cultivation of cotton, which is equivalent to what Pakistan, the fourth largest cotton producer in the world, uses for the same purpose.
Karuturi Global Ltd. is to construct embankments around 25,000ha of farmland, half the size of Addis Abeba, in Gambela, at a cost of US$15 million, following its report of a loss of US$15 million due to flooding.
Grandes compañías compran tierras para producir alimentos que luego exportan - Mientras, los habitantes locales pasan hambre.
The flooding that breached specially built barriers near Karuturi’s plantations couldn’t have been predicted, Karuturi claims.
Karuturi in a statement said the floods had affected its maize crop in over 12,000 hectares of land that has been leased to them.
The bursting of the river banks of Baro and Alwero has resulted in the submergence of the crop, adding a loss of hope for producing a sizeable maize crop by Karuturi.
Die beiden neu veröffentlichten Dossiers „Landnahme in Kenia“ und „Landnahme in Äthiopien“ stellen Land Grabbing in diesen nahrungsunsicheren Ländern auf den Prüfstand des Menschenrechts auf Nahrung.
Desperate for foreign investment and the promise of development, African governments are increasingly offering to foreigners what their people rely on most—land
Chief Minister of Madhya Pradesh's meetings with a delegation from Kenya, Karuturi and Ethiopia were focused on agriculture development and possible areas of work for mutual benefit.