Sanjara Honey
Member
- Jul 1, 2009
- 71
- 32
Wajasiriamali this can be interesting yo you!
http://vcafrica.ning.com/group/tanzania said:I am a member of VC4Africa and am interested to share this interesting projects we intend to implement in Africa.
We are from Yes Bank which is state-of-the-art private Indian bank catering to "Emerging India". Yes Bank offers the entire spectrum of investment & corporate banking products and advisory services in the "Food & Agriculture (F & A)". At YES BANK, we look to provide knowledge driven banking solutions to our Corporate & Institutional Banking clients. Which is why, we have identified specific growth sectors of the Indian economy and developed customized solutions for industry verticals e.g. Food & Agribusiness. We provide a comprehensive portfolio of services focused in food chain from agribusiness loans to microfinance to F & A VC funding. Yes Bank has vast experience in agribusiness having consulting/ lending to many clients in areas of agribusiness ranging from mergers, acquisitions to agribusiness lending to advising clients into entering agribusiness sector and build alliances with global agri companies.
We are associated with a couple of agri-initiatives across the globe:
1. Integrated Agri Food Park (IAFP): Yes Bank has signed a MoU with Alterra B.V., Wageningen, a part of the Wageningen University and Research Centre (WUR), a leading knowledge institute based in Netherlands signed a Memorandum of Understanding to jointly serve stakeholders across the Food and Agribusiness value chain in India. As per the Memorandum of Understanding (MoU), YES BANK and Alterra will create integrated Agro-food parks (IAFP) that will transform the Indian agribusiness landscape developing Agro parks and agro logistic networks, together with third parties.
The first such initiative is underway, along with Indian Farmers Fertilizer Cooperative Limited (IFFCO) and GreenPort Corporation, over a 2500 acre plot in Nellore, Andhra Pradesh
We recently concluded (from April 20-23 of 2009 at Hyderabad) an investors mission from Netherlands, Israel and India. There has been active interest from Dutch, Israel and Indian companies for signing MoUs and putting up facilties ranging from greenhouses, fruits and vegetables processing , pulping, dairy, mushroom, poultry, dairy, greenhouse cultivation of spices, herbs and exotic vegetables; seed companies; integrated rice processing; prawn processing etc
We hope to do a French investors mission by July 2009 to be followed by Canada/ USA/ Australia and New Zealand investors by the year end of 2009. Such food parks are also in shape/ progress in Shanghai; Gujarat and Netherlands.
We are interested in implementing agro parks projects as sea-pot based hub in suitable locations. The intention being that these parks will serve metropolitan cities of Africa as well as serve ME, Europe and US markets through exports. We think the East coast of Africa could be a good location for this.
2. Corporate farming globally: We are currently assisting Indian conglomerates in geographical expansion of agribusiness initiatives to cover farm-to-fork strategy. Farming in India on large tracts of contiguous lands is hindrance thanks to small land holdings and difficult land ceiling laws. The crops we look to are currently rice; other cereals including wheat, pulses and oilseeds. As you are aware, India faces an enormous shortage of oilseeds and pulses and there are huge imports into India. The obvious choice left is large tracts of land abroad is an ideal choice because of easy availability of land banks on long term lease or outright purchase. We are currently in advance stages of negotiations with local players in Africa and few South East Asian countries by forging JV between the Indian agribusiness conglomerates and the local country player.
We have co-sponsored a agri-conference in Africa between June 14-17 2009 in Cape Town, South Africa.
We are interested in integrated rice farming- processing-cogeneration power-cum logisitcs hub in Tanzania and are looking for land banks to kickstart the initiaitive.
Kindly advise on the way forward
Regards,
PRASAD.P
FASAR
YES BANK LIMITED
Project Management Office (PMO); Ground Floor
Discovery of India Building; Nehru Centre
Dr Annie Besant Road, Worli
Mumbai- 400 018; INDIA
Phone No. + 00 91 22 66209037
Fax No. + 00 91 22 66699177
Mobile No. + 00 91 99875 67948
Email: prasad.p@yesbank.in / pullapads@hotmail.com / pullapads@gmail.com