Karuturi Global Ltd

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Karuturi stadium swallowed by the lake
- Kenya Citizen TV
- 15 Nov 2020
"On the other side is Karuturi flower farms - it has also been taken away"
Two Karuturi directors file suit against receivers over property
- The Standard
- 31 Oct 2020
Two directors of the bankrupt Karuturi flower farm have moved to court accusing the company’s creditors and receivers of destroying a property they had been using as a wildlife and bird-watching lodge for "high value" visitors
Bucolic botch: Why big farms flopped in Ethiopia
- Economist
- 09 Apr 2020
Too few investors knew the land; too many deals were crooked. Yet officials hint that the government wants to promote huge farms once more, this time by expanding wheat production to boost food security.
Unfair trade: How Dutch rose growers avoid paying taxes in Kenya
- The Elephant
- 23 Mar 2020
Dutch flower growers who dominate the flower farms in Kenya are being accused of avoiding taxation while proudly wearing the “fair trade” badge.
400 crores worth of floriculture in Ethiopia; In the grip of the businessman
- Manorama
- 04 Oct 2019
According to the Kerala press, Sai Ramakrishna Karuturi, managing director Karuturi Global Ltd, has been arrested for fraud.
India's largest producer of cut roses initiates insolvency proceedings
- The Hindu
- 14 Aug 2019
Corporate Insolvency Resolution Process has been initiated against Bengaluru-based Karuturi Global, which owns large rose farm holdings in Kenya, Tanzania, Ethiopia, Pune and Bengaluru.
Failed commercial farms
- The Reporter
- 10 Aug 2019
Birhanu Fikade of "The Reporter" sat down with Atkyelesh G.M. Persson (PhD) to learn about her findings on large scale FDI that failed to deliver the desired results in Ethiopia
Karuturi, Saudi Star et al labeled poor performers, less responsible investors
- The Reporter
- 10 Aug 2019
Scholar and employee of the UN Economic Commission for Africa, Atkyelesh G.M. Persson, recommends that the government, private sector and academia further investigate the potential damages large scale farms have perpetrated in Ethiopia and beyond.
Karuturi Global‘s Ethiopia return stokes fears of deforestation and evictions
- IDM
- 04 Jul 2019
A 15,000-hectare concession awarded to Karuturi Global in Ethiopia’s Gambela region has left locals fearing their ancestral lands will be cleared for agribusiness once again by the Indian firm.
El nuevo acuerdo de tierra que Karuturi Global pretende con Etiopía debe desecharse
- ASO et al
- 20 Jun 2019
Una coalición de grupos hace un llamado urgente ante las autoridades de Etiopía y de India para que se cancele la concesión de nuevos contratos de arrendamiento de tierras a la compañía de agronegocios Karuturi Global.
Le nouvel accord foncier de Karuturi Global en Ethiopie doit être abandonné
- ASO et al
- 13 Jun 2019
En avril 2019, Karuturi Global a informé ses actionnaires qu'on lui avait "accordé 15 000 hectares de terrain pour des activités agricoles" à Gambella, mais le contrat de bail n'a toujours pas été délivré par les autorités compétentes
Karuturi Global's new land deal in Ethiopia must be scrapped
- ASO et al
- 13 Jun 2019
A diplomatic intervention by the Indian government and law suits filed by the company appear to have pushed Ethiopian authorities to backtrack and offer a new lease in the Gambella region, this time for 15,000 hectares.

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