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Press
Release
For Immediate Publication
KHET-SE AGRIPRODUCE LAUNCHES ITS OPERATIONS IN PUNJAB
~ Rolls-out its 1st fresh produce procurement and distribution
centre ~
Mumbai, 12th May 2008: Khet-Se Agriproduce India Pvt. Ltd.,
a 50:50 JV of Tata Chemicals Limited (TCL) and Total Produce,
Ireland (TOTAL PRODUCE), launched its operations with its
first state-of-the-art procurement and distribution facility
for fresh fruits and vegetables at Malerkotla, Punjab.
Khet-Se is a B2B cash and carry business for fresh fruit and
vegetables sourcing, packaging and distribution across India.
Operations of its 1st such centre has been started, which
will cater to the requirements of Ludhiana and Patiala. This
distribution centre has the facility of sorting, grading and
packing of all fresh produce; 4 Ripening Chambers of 10 MT
capacity each (to ripen fruits like Banana) and 4 Cold Storages
of 25 MT each.
Speaking at the occasion, Mr. Homi Khusrokhan, Chairman,
Khet-Se Agriproduce India Pvt. Ltd. And Managing Director,
Tata Chemicals Limited, said, "Being in the forefront
of this exciting time provides us with an opportunity to innovate
and create a new business model that will be a first of its
kind in the country. There is nothing more satisfying for
our business than the fact that it is contributing to the
upliftment of the farmers and small retailers and enabling
them to grow, not by handing out sops, but by making the basic
tenets of their business self sustaining."
Mr. Eugene Caulfield, MD, Corporate Development, Total
Produce, said, "Total Produce is honoured to be
associated with such a fine organisation as Tata Chemicals.
Tata Chemicals has strong links with Indian farmers with its
sales of fertilisers, chemicals and other grower requirements
through its network of Tata Kisan Sansar distribution centres
throughout India. This will help Khet-Se have a big advantage
in sourcing high quality fresh produce."
Mr. G. R. Goves, Chief Executive, Khet Agriproduce
India Pvt. Ltd., added that Khet-Se aims to bridge
the gap between producer and end consumer which will significantly
increase efficiencies, improve shelf-life and reduce product
loss in the supply chain. For this, it has already partnered
with farmers to develop their skills to raise the quality
of Indian farm produce through training on good agricultural
practices. Similarly Khet-Se plans to partner with small retailers
and help them in developing competencies to manage their business
more effectively. He also said that the next Khet-Se distribution
centre will begin operations in Mumbai in the next 6 months.
Khet-Se will be bringing about a change in the way the
fresh produce category operates by targeting the small fruit
and vegetable retailer through its conveniently located wholesale
stores. It will only cater to registered B2B customers such
as small retailers, organised retailers the institutional
segments comprising of hotels, restaurants and caterers. Khet-Se
offers the benefit of hygienically handled, high quality produce
which is delivered absolutely fresh to its B2B customer segments.
About Tata Chemicals Limited
Established in 1939 at Mithapur, and part of the US$ 28.8
B Tata Group, Tata Chemicals Limited (TCL) today is the second
largest producer of Soda Ash in the world with manufacturing
facilities across four continents. TCL is the pioneer and
market leader in the branded, iodised salt segment. TCL is
also India's leading manufacturers of urea and phosphatic
fertilisers. Its urea plant at Babrala is the country's most
energy efficient fertiliser unit and produces 12% of the country's
urea output in the private sector. Phosphatic fertilisers
are manufactured at its plant in Haldia.
The acquisition of an equal partnership in Indo Maroc Phosphore
S.A. (IMACID) along with Chambal Fertilisers and the global
phosphate major, OCP of Morocco in the year 2005 was the first
step that TCL took towards internationalization. In early
2006, TCL completed the acquisition of the UK based Brunner
Mond Group (BM). In 2007, TCL entered in to a 50:50 joint
venture with Total Produce, Ireland, the third largest fruits
and vegetable distribution company in the world and Europe's
largest and most accomplished fresh produce provider, to set
up a fruits and vegetables distribution business in India.
TCL also plans to leverage its expertise in Chemistry &
Agriculture, together with its in-house research capabilities
in biology and crop genomics to develop a significant presence
in Bio fuels space. The TCL Innovation Centre was created
in mid 2004 to develop world-class R&D capability in the
emerging areas of nanotechnology and biotechnology.
In early 2008 TCL successfully completed the acquisition of
General Chemical Industrial Products, (GCIP).General Chemical's
subsidiary, General Chemical (Soda Ash) Partners (GCSAP),
is one of the largest Soda Ash producers in the USA with a
capacity of 2.5 million TPA of natural Soda Ash. The Company's
mining and manufacturing facilities located at Green River
Basin in Wyoming, USA, are assets of a very high quality,
providing access to some of the world's largest and most economically
recoverable trona ore deposits that are then converted to
Soda Ash. The acquisition of GCIP takes TCL's global Soda
Ash capacity to around 5.5 Million Tonnes per annum.
About Total Produce
Total Produce is one of the leading operators within the
European general produce sector. The group generates a turnover
in excess of EUR 2 billion, has almost 3,900 employees and
trades from more than 80 facilities throughout Europe with
operations in Ireland, the United Kingdom, Sweden, Denmark,
Spain, Italy, Holland, Belgium, France, the Czech republic
and Slovakia. The company also has an operation in India.
The group is comprised of the general produce business, which
was demerged from Fyffes Plc on 30 December 2006. Shares in
Total Produce were admitted to trading on the IEX and AIM
markets of the Dublin and London stock exchanges on the 2nd
January 2007.
For further information, please contact Kirby Furtado / Tushar
Gandhi from Vaishnavi Corporate Communications (Mumbai) at
(022) 6656 8787 / (0) 98216 74905 / 99870 69281 or email at
kirbyw@vccpl.com / tgandhi@vccpl.com
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