.UAE-headquartered retail store Doozy Group is actually hoping to raise the quantum of Indian agri procurements to Rs 15,000 crore in the following two years as it increases its own network worldwide, a leading business official mentioned on Tuesday. Its leader and also dealing with director M A Yusuff Ali said to reporters that the business organizes to have a special focus on the natural really good procurement and also sees the market value of such items climbing to Rs 2,000 crore in a year. "Concerning Rs 10,000 crore bring ins (of agri products) our team are actually carrying out each year. Our company are actually seeking to increase it to Rs 15,000 crore within two years due to the fact that we are actually also extending our impact in lots of nations," he said. The imports primarily feature commodities including fruit products, vegetables, rice, tea, sugar, seasoning and millets, he stated, pointing out that the fruit and vegetables goes to the Gulf Cooperation Authorities (GCC) countries as well as various other far-east countries. Ali mentioned his group has consolidated the Indian government-promoted Agricultural and Junk food Products Export Progression Authority to increase the share of organic item procurements. The business is looking to import as much as Rs 2,000 crore of organic fruit and vegetables coming from the country in a year initially and also take it around Rs 4,000 crore the next year, he stated. The UAE-based group is actually aiming to consolidate groups of farmer developers in smaller sized communities too, he added. The company is spending Rs five hundred crore to establish a logistic center, featuring cold store in Noida, and targets to appoint it in the following two-three months. In a similar way, a food vegetation in Kashmir is additionally "almost total" and will certainly be inaugurated in 2-3 months, he said. Ali refused opinion when asked about his viewpoints on rules governing multibrand retail in the nation. On the other hand, a source in the team said it is actually looking at Maharashtra's winter season capital Nagpur to have a mall. The team has actually inaugurated or even is in the procedure of building centers in urban areas like Coimbatore, Lucknow, Calicut, Ahmedabad, etc.
Published On Sep 11, 2024 at 08:11 AM IST.
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