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KHET-SE AGRIPRODUCE INDIA (P) Volume : 27/2008 Period: 1st December 2008 to 31st December 2008 Strategic Implication Reporting No Category S.No Source News Headline Details Reported by and News Date Rating Apples procured under the Market Intervention Scheme (MIS) of HPMC, a public sector undertaking engaged in marketing and processing of fruits, have rotted in its depots this year. Approximately 5602.38 metric tonnes of apples - nearly 90,000 bags - have been damaged.The Government has finally admitted to the heavy loss, expected ** Implication on the to run into crores of rupees. Bad weather leading to disruption in road communication prices of APPLES for many days in several parts of the apple belt of the state has been stated to be the Apples worth crores may be analysed Rajbir Singh / 1 indianexpress.com main cause for the damage. The unexpectedly long duration of the monsoon and and accordingly 1-Dec-08 rot in HPMC depots incessant rains during July also affected the size of the fruit in high-altitude orchards. Rajesh Varma Khet-Se These were the biggest lot which perished in the HPMC godowns.When the small- procurement sized produce from high altitude flooded the market in September and October, there strategy can be were reports that the dealers had refused to buy it. The orchardists sold the stock to the finetuned government under Market Intervention Scheme for Rs. 5.75 per kilogram, and saved further losses in transportation and packing My Himachal and Centre for Sustainable Development (CENSUD) organised an Agri- business Orientation Programme at Palahota Panchayat of Sundernagar with an Agri Business objective of educating farmers about modern practices of agriculture.Dr. Amar Singh orientation program Verma, Subject Matter Specialist, Krishi Vigyan Kendra, Sundernagar while speaking Rajbir Singh / 2 himachal.us by My Himachal and on this occasion told farmers to adopt new techniques like vermicompost which not ** Vishal Abrol 10-Dec-08 CENSUD only maintains moisture in the soil but also maintains the right balance of nutrients in th soil. He said we need to diversify into cash crops such as vegetables, mushrooms and floriculture which can substantially increase the income of farmers Here is some good news to boost your physical as well as your financial health. For the past one week, there has been a 30% to 40%, and in some cases over 50% drop, in Rajbir Singh / Drop in vegetable 3 timesofindia.indiatimes.com prices vegetable prices in the city markets. The humble brinjal which was out of reach just ** Vishal Abrol / 16-Dec-08 last month has now become somewhat affordable. The vegetable which was selling at Rajesh Varma Rs 48/kg in the end of November has now come down to Rs 30/kg. In all, six species of mealy bugs are causing loss to different fruit plants namely citrus, guava, grapes, pomegranate, chiku, jamun and aonla in Punjab. Giving details, fruit entomologist Dr DR Sharma said that the nymphs and adult females of these mealy Expert’s tips on bugs sucked cell sap from different parts of the plant like leaves, twigs, tender shoots, Rajbir Singh / 4 expressindia.com managing mealy bugs branches and fruits thereby reducing the vigour of plant as well as the drying up the ** Vishal Abrol 16-Dec-08 in fruit plants tender shoots. Heavy infestation encourages the growth of sooty mould due to which the leaves, shots and fruits become black in colour, said Dr Sharma. adding that all mealy bugs hibernate on the twigs and branches of trees during winter. It is important to identify the different mealy bug species on different plants, he advised India must focus more on its agricultural sector in order to sustain long-term economic growth, a leading industrialist has said. Bharti Group boss Sunil Bharti Mittal called India urged to focus for "serious intervention". He said the government, private sector and foreign investors Rajbir Singh / 5 tastecaliforniatravel.com on farming all needed to play their part if they wanted to see India's economy grow at the same ** Vishal Abrol 9-Dec-08 rate. "Without agriculture, India cannot move forward," said Mr Mittal in an exclusive interview with the BBC Haryana agri The Haryana State Agricultural Marketing Board has decided to set up an export- oriented 'Terminal Market' for trading in fruit, vegetables, fish, meat products and Manish Gupta / marketing board 6 tmcnet.com poultry near Ganaur, a sub-divisional town in Sonepat district. A spokesman of the plans export-oriented Board told media persons here today that the Board will acquire 600 acres of land for it ** Rajbir Singh / 17-Dec-08 Vishal Abrol market and its cost is likely to go up to Rs 1,000 crore. To promote demand-driven approach for horticulture/agriculture products and enhance Hi-tech poly farmers‟ income, the Department of Horticulture will facilitate establishment of hi-tech Rajbir Singh / 7 thehindu.com greenhouses to come poly greenhouses for the first time in Tirupur block this fiscal. The structures will ** Vishal Abrol 12-Dec-08 up in Tirupur enable the farmers to adopt „protected cultivation‟ practices for production of various cash crops KHET-SE AGRIPRODUCE INDIA (P) Volume : 27/2008 Period: 1st December 2008 to 31st December 2008 Strategic Implication Reporting No Category S.No Source News Headline Details Reported by and News Date Rating India must focus more on its agricultural sector in order to sustain long-term economic growth, a leading industrialist has said. Bharti Group boss Sunil Bharti Mittal called India urged to focus for "serious intervention". He said the government, private sector and foreign investors 8 tastecaliforniatravel.com on farming all needed to play their part if they wanted to see India's economy grow at the same ** Manish Gupta 10-Dec-08 rate. "Without agriculture, India cannot move forward," said Mr Mittal in an exclusive interview with the BBC. Indian farmers to The growing markets for organic products in the US and Europe hold good prospects reap benefits of for Indian farmers and exporters. The global organic market reached a size of $40 Rajbir Singh / 9 financialexpress.com growing global billion in 2007 and is growing by about $5 billion a year. It has the potential to rise to ** Vishal Abrol 10-Dec-08 organic products 600 billion euro. The US emerged as the largest consumer of organic products in 2007 at $21.2 billion, including $20 billion alone for organic food and drinks market After pomegranate, kiwi is taking roots in the higher reaches of Kullu valley, marking a significant change in the state‟s economy. Successful cultivation of kiwi, along with Kiwi gets good new varieties of pomegranate by Kullu‟s progressive farmers, has encouraged the Rajbir Singh / 10 indianexpress.com returns for farmers in scientists already propagating a shift from apple cultivation.Reports say at least 200 ** Rajesh Varma 3-Dec-08 higher reaches fruit growers in Kullu district have taken up the cultivation of kiwi on commercial scale. The results have stunned the fruit-growers in adjacent districts of Mandi and Shimla, dominated by apple cultivation Co operative major National Agricultural Cooperative Marketing Federation (Nafed) has raised the minimum export price (MEP) of onion by $25 a tonne to an average of Nafed raises onion $305-310 for December — a move aimed at containing the domestic prices and 11 economictimes.indiatimes.com export price to raise increasing the availability of the commodity.“We have raised the MEP by $25 in sync ** Mohit Maini 2-Dec-08 local supply with the domestic scenario. We are keeping a close vigil and if needed, we may review the MEP in mid-December,” a senior official associated with Nafed said. Nafed had earlier raised MEP by $50 a tonne in mid-November to contain the price rise. There is more to it than meets the eye when housewives heave a sigh of relief at the crashing tomato prices in this southern metro. There has been an extraordinary over- supply of tomatoes, virtually flooding the Koyembedu wholesale market complex on the city's western periphery in the last two weeks and that too from an unlikely and far- Rajesh Varma / Nasik tomatoes for away production centre, namely Nashik in Maharasthra that is nearly 1300 kms away Rajbir Singh / 12 hindustantimes.com Pakistan flood from in Chennai.The ten-wheeled 'Taurus' trucks that used to be a rarity at the market *** Manish Gupta / 17-Dec-08 Chennai complex for perishables, has now been rolling in by the dozens, each carrying 20 Vishal Abrol tonnes of tomatoes on an average. This has led to wholesale price of tomatoes plummeting from Rs 250 per 15 kg box in mid-November, to Rs 90 on Sunday. At the retail level, the fall is even more telling, from Rs.40 a kg to Rs 10, bringing unexpected cheers to housewives The onion prices that are currently running 60 percent higher than expected prices during this time of winter are going to calm down by this month as imports of onions Onions bring more have picked up, after the crop failure in many states of India, traders said Monday.“The Manish Gupta / 13 risingkashmir.com onion crops were hit by torrential rains in several states, affecting the total production tears as prices soar while drying up the supplies,” said Abdul Rehman Gujri, wholesale distributor at ** Rajbir Singh 4-Dec-08 Parimpora. He said the situation has become normal and the retail market may soon reflect it. Unlike many of his less-fortunate peers, Vidarbha farmer Girish Deshmukh is a happy Organic farming man these days. Less than two years ago, he couldn‟t have imagined in his wildest Manish Gupta / dreams that the cotton he grew would satisfy Europe‟s fad followers‟ need for „organic 14 economictimes.indiatimes.com comes to the rescue of only‟ products. Yet, two years later, his dream has come true and made him laugh all ** Rajbir Singh / 17-Nov-08 Vidarbha farmers the way to the bank, courtesy of a trendsetting public-private partnership model Vishal Abrol between the country‟s largest apparel-maker and its biggest bank. KHET-SE AGRIPRODUCE INDIA (P) Volume : 27/2008 Period: 1st December 2008 to 31st December 2008 Strategic Implication Reporting No Category S.No Source News Headline Details Reported by and News Date Rating Agriculture Minister, Shri Sharad Pawar, today called upon farmers to exploit the vast Pawar asks farmers potential for export of potatoes by adopting available technology and maintaining high Rajbir Singh / quality. The Minister argued that while India is the third largest potato producer in the 15 pib.nic.in to exploit potato world, its contribution to global potato trade is a mere 0.5 percent. India has the ** Rajesh Varma / 11-Dec-08 export potential Vishal Abrol required production technologies and the produce is free from major diseases, which provide significant opportunity for export of potato products Potato growers, who were happy last year because of bumper production and even Potato farmers find it preferred to store their produce in cold storage to sell later, are disappointed now because prices have declined and they are finding it difficult to sell their produce.“Last Manish Gupta / 16 business-standard.com tough to sell old crop year it was a bumper crop in the country and instead of selling, farmers kept their ** Rajbir Singh 3-Dec-08 as price falls produce in cold storage, but now they are not able to get the price offered last year,” Jaswinder Singh Sangha, Secretary of the Jalandhar Potato Growers Association said Sourcing , Prices A farmer, Neel Kamal Thakur, presented a box of Kiwi to Prof. Prem Kumar Dhumal, A. & General F&V which was a produce of his 8,500 feet high altitude orchard at Patan village in Banjar News sub-division of district Kullu. This is an example of successfully cultivating trans- Progressive farmers climatic hybrid fruits in adverse climatic conditions.Kiwi is a tropical fruit but Thakur emerging Himachal produced it in a subtropical climate which is suitable to produce fruits like apple. CM Rajbir Singh / 17 himachal.us as leader in appreciated the effort and said that such progressive farmers are making great ** Rajesh Varma 3-Dec-08 horticulture sector contribution to emerge Himachal Pradesh as the leader in the horticulture sector. Dhumal also mentioned about two progressive farmers from Ghumarwin (temperate zone) and Kotkhai (subtropical zone) who produced apple and mango respectively, with no difference in the taste and color of the fruits. A group of 10 farmers from Sikkim visited Thailand recently to learn latest farming Sikkim's farmers get techniques which would enable them to enhance their farm produces in future.The Rajbir Singh / 18 ptinews.com farming training in select group of farmers was introduced with the latest technology in floriculture and ** Vishal Abrol 10-Dec-08 Thailand vegetable germination, the state Information and Public Relations department (IPR) said in a release Mahabaleshwar grows more than 80% of the country‟s total produce of the berry and this year 15,000 tonnes of the berry is expected to be harvested in the November- Strawberry growers March season. After making Maharashtra‟s twin hill towns of Panchgani and 19 livemint.com move to blueberries Mahabaleshwar the strawberry capital of the country, farmers in this region are now ** Rajesh Varma 17-Dec-08 attempting to grow blueberries, which have gained huge popularity in the West for immunity-boosting properties The Tamil Nadu Agricultural University (TNAU) is developing a Genetically Modified TNAU developing Papaya that would resist "ring spot virus" responsible for destroying Papaya cultivation Manish Gupta / 20 hindu.com genetically modified in thousands of acres in the country. "Tissue culturing work had been completed and ** Rajbir Singh 11-Dec-08 papaya the gene had been identified. We have to cross some steps before fully developing the GM papaya", TNAU Vice Chancellor Dr.C.Ramasamy said. Agriculture Production Commissioner and Principal Secretary Dr. S. Challappa and Andhra Pradesh Horticulture University Vice-chancellor Dr S.D. Shikamany on Rajesh Varma / Farmers told to take Wednesday called upon the farmers to take up cultivation of guava as it was viable 21 thehindu.com up guava cultivation more commercially. Addressing a gathering of farmers at the Fruit Research Station ** Rajbir Singh / 19-Dec-08 Vishal Abrol (FRS) on the occasion of „Guava Day‟ they said that guava can be cultivated without much risk and the returns are assured Diabetics no longer need to worry about rise in their sugar levels after enjoying a banana feast. Scientists at the Chandra Shekhar Azad University of Agriculture and New banana for Technology (CSAUAT), Kanpur claimed to have developed a new variety of banana 22 freshplaza.com diabetics with less sugar content for diabetics. "In the new variety, we have successfully *** Rajesh Varma 19-Dec-08 controlled the conversion process of starch into glucose, which is a natural phenomenon in fruits containing starch (carbohydrate)," senior agro-scientist at CSAUAT G.S. Gaur told IANS by telephone KHET-SE AGRIPRODUCE INDIA (P) Volume : 27/2008 Period: 1st December 2008 to 31st December 2008 Strategic Implication Reporting No Category S.No Source News Headline Details Reported by and News Date Rating Even though the winter onion, also known as the red onion, arrived late, it was Though late, winter welcomed at Lasalgaon and Pimpalgaon Baswant wholesale markets. The Pimpalgaon Baswant Agriculture Produce Marketing Committee‟s wholesale onion market saw an Rajesh Varma / 23 dnaindia.com onions bring good arrival of over 30,000 quintals. As of now, the red onion is fetching the farmers an ** Rajbir Singh 19-Dec-08 news for farmers average of Rs1,000 per quintal. The arrival in the markets ensures supply in plenty in the retail markets as well as exports. With the onset of winter the demand for Hokshuns or, the dry vegetables has picked up in the Kashmir valley. "Hokshuns" are actually indigenously dried and preserved Rajbir Singh / Kashmiris savour dry vegetables for daily diet consumed by general Kashmiri families during winters. They 24 dailyindia.com vegetables in winters include brinjals, gourds, turnips, spinach and even tomatoes produced locally during ** Manish Gupta / 19-Dec-08 Vishal Abrol summers. In Kashmir, it is a common sight during summer to see vegetables hanging on house-walls for drying for winters. Indian production of fresh fruit is expected to rise 6 per cent this financial year, Rajbir Singh / Indian fruit according to a recent USDA report A USDA Foreign Agricultural Service report has 25 freshplaza.com production on rise predicted India‟s production of fresh fruit will rise 6 per cent in 2008/09 (July-June) to ** Manish Gupta / 26-Dec-08 Vishal Abrol 66.63m tonnes, and says production has risen 51 per cent since 1995/96 Industrial Capacity for processing of fruits and vegetables in India had reached 26.80 lakh tones in the beginning of year 2008. The categorization of industrial units under Industrial capacity Fruit Products Order, 1955 is based on annual production limit. The number of licensed units, according to annual production limit, is given below. (The Manish Gupta / 26 pib.nic.in for processing fruits categorization as micro, small, medium and macro industrial units is not given in Fruits * Rajbir Singh 24-Dec-08 and vegetables Products Order, 1955). This information was given by Shri Subodh Kant Sahai, Minister of State for Food Processing Industries, in the Rajya Sabha today in a written reply to a question by Shri Ram Jethmalani and Shri Raj Mohinder Singh Majitha. The subsidy-based National Crop Insurance scheme will be implemented to benefit National crop banana-growers in eleven firkas in Pudukottai district. A target of 155 hectares of the crop has been fixed for the programme, the District Collector Reeta Harish Thakkar Manish Gupta / 27 thehindu.com insurance scheme’ for said. Presiding over the Farmers‟ Grievances Day meeting here on Friday, the ** Rajbir Singh 24-Dec-08 banana Collector said that a subsidy would be available in the premium for all farmers including big farmers The government has raised the minimum export price of onion by USD 50 a tonne to Onion export price an average of USD 380-385 for January to check domestic prices and boost supply of 28 finance.indiainfo.com raised by USD 50 a the commodity, especially in southern markets. "We have raised the MEP by 50 dollars ** Mohit Maini 31-Dec-08 tonne keeping in mind domestic prices, which have witnessed an upward trend," a senior official with the National Agricultural Cooperative Marketing Federation (Nafed) said The Government of Himachal Pradesh has got sanctioned a rupees 155 crore agriculture project, for production of cash crops by adopting latest precision farming Poly house project to practices by constructing around 30,000 „poly houses‟ throughout the state within next Manish Gupta / 29 merinews.com benefit Himachali four years.The project will usher a rapid and faster growth in the field of agriculture, by ** Rajbir Singh / 26-Dec-08 farmers strengthening the economy of the farmers, who hitherto have been depending on the Vishal Abrol traditional crop pattern. The project envisages higher production of various cash crops thus ensuring remunerative prices to their yield The tension of potato growers and sellers erupted in huge protest against import of Indian potato under concessions by the Pakistani govt. The protesters issued ultimatum Potato growers to the government to ban import of Indian potato by 28th Dec. 08, otherwise, the protest would spread country-wide. This morning at new fruit & vegetable market 30 thepost.com.pk protest against across the Lower Bari Doab Canal (LBDC) on the Okara-Faisalabad road, thousands of ** Manish Gupta 26-Dec-08 import form India potato growers, commission agents and labourers raised standard of protest against the government for intentionally making loss to the interest of people linked with potato farming and business. KHET-SE AGRIPRODUCE INDIA (P) Volume : 27/2008 Period: 1st December 2008 to 31st December 2008 Strategic Implication Reporting No Category S.No Source News Headline Details Reported by and News Date Rating Come December and a rich hue of orange lights up the Punjab villages from Hoshiarpur in the north to the Abohar-Ferozepur belt in the south. The most successful Manish Gupta / Punjab farmers reap citrus variety to be grown in this part of the country, the humble kinnow has now come 31 punjabnewsline.com windfall from kinnow into its own. No more cultivated as a poor third when the climatic conditions are ** Rajbir Singh / 24-Dec-08 Rajesh Varma unfavourable for wheat and paddy, it is now giving higher returns per acre compared to all other crops. In what reflects the growing concerns among the fruit dealers in Kashmir, the Sopur Sopur fruit traders fruit growers and buyers today decided to suspend the cross-LoC trade “till their demands are fulfilled.” “We have suspended the trade,” confirmed, President, Valley‟s 32 greaterkashmir.com suspend cross-LoC Fruit Buyers‟ Association, Haji Farooq Ahmad Malik, reasoning that the government ** Rajbir Singh 23-Dec-08 trade had not kept its “word” vis-à-vis providing all important facilities for trade and allowing a trade delegation from Valley to AJK Tomato growers and traders in Rajasthan feel the heat of the plummeting prices of the perishable commodity following suspension of exports to Pakistan as the border has Tomato prices decline 33 thaindian.com in Rajasthan been sealed in the wake of Mumbai terror attacks. Tomato crop, which was earlier, ** Manish Gupta 26-Dec-08 exported to Pakistan via Wagah boarder is now landing in the local markets leading to overflow of tomato. As a result, the tomato business is incurring huge losses. Consumers have a reason to cheer. Amid soaring prices of basic commodities, the prices of vegetables have hit an all-time low after remaining sky high for long. The prices of tomatoes have come down by Rs 15. They are now available for Rs 10 to Rs Vegetable supply up, 12 per kilogram in retail and Rs 5 in wholesale, against last week‟s Rs 25 per kg. Rajesh Varma / 34 expressindia.com prices down Surplus supply of tomatoes from Nasik, Haldwani and Ahmedabad, owing to the ** Vishal Abrol 24-Dec-08 winter season, is one of the reasons behind the dip in prices. Traders, however, claim that the sealing of the border following the terror attacks in Mumbai has severely hit the trade of tomatoes to Pakistan, which has in turn resulted in a surplus supply within the country. Fresh from the fields to the dining tables in Europe, green vegetables from Haryana Green Haryana are all set to tickle the taste buds of foreigners. Discussions have already been held to Rajbir Singh / Govt & Agri indopia.in vegetables to tickle export fresh vegetables worth Rs 90 lakh to European countries, a move expected to Marketing Comm 1 taste buds of give the state government & aposs crop diversification plans a boost besides offering ** Manish Gupta / 26-Dec-08 Vishal Abrol Policies, Duties , Europeans new opportunities to farmers to enhance their income and adding another feather to the B. cap of Haryana Agro Industries Corporation (HAIC). Subsidies, New Punjab Agricultural University (PAU) has released a new variety each of cucumber, Scheme & PAU releases new pumpkin, coriander, turmeric and cauliflower. It also introduced new sowing Initiatives 2 hindu.com varieties of five technology. Among new varieties released are Punjab Samrat (pumpkin), Punjab ** Manish Gupta 26-Dec-08 vegetables crops Sugandh (coriander), Punjab Haldi (turmeric), Punjab Naveen (cucumber) and Punjab Katki (cauliflower) Easyday, the food and grocery supermarket retail chain of telecom giant Bharti group, after its foray in Punjab has expanded into the neighbouring state of Haryana.Easyday has opened two stores in Karnal and Jagadhri towns of Haryana. “It is a happy occasion Bharti’s ‘Easyday’ for us to launch our first two stores in the State of Haryana. Through our Easyday enters Haryana; stores, we propose to not only bring to the consumers a great shopping experience, but 1 indiaretailbiz.com opens stores in also aim to continue working with local communities and creating value by tapping ** Rajesh Varma 1-Dec-08 Karnal and Jagadhri local talent to work with us. We look forward to a great association with the people of Haryana,” said Vinod Sawhny, President and CEO, Bharti Retail. Easyday is currently operating 14 stores including 12 stores opened by the company in Punjab since the launch of retail chain in April, 2008 KHET-SE AGRIPRODUCE INDIA (P) Volume : 27/2008 Period: 1st December 2008 to 31st December 2008 Strategic Implication Reporting No Category S.No Source News Headline Details Reported by and News Date Rating Bharti Wal-Mart has commenced a registration drive required for operating the first cash-n-carry of the JV. A major distributional centre has already been opened near Chandigarh and will be operationalised in early 2009. A Press Release issued by the JV Bharti Wal-Mart quoted MD Raj Jain:Raj Jain, MD and CEO, Bharti Wal-Mart Pvt Ltd, said, “When we ** announced the JV in August last year, we gave ourselves a window of 18-24 months to Bharti Plans for commences 2 newsvision.in launch our first wholesale cash-and-carry store. We are firmly on track and we have Rajbir Singh 1-Dec-08 registration for cash- begun registration of membership in Punjab in advance to enable us to better forecast their F&V section in C&C to be n-carry and serve the needs of our commercial customers. The assortment, service and store investigated layout of our wholesale stores will be customised to the specific needs of commercial customers who can walk in to the store and source high quality products in the quantities they need and at the time they require, all under one A panel discussion on „Logistics‟ was organised by the Confederation of Indian Industry (CII) in association with Agro Tech 2008 on Saturday. Abraham Tharakan, chairman and managing director, Amalgam Investments, said food logistics is an area India needs more of concern in the country. He added that transportation is an area which needs to be Rajesh Varma / 3 expressindia.com food processing units looked into as poor condition of roads affects the goods during transit. “The lack of ** Rajbir Singh 3-Dec-08 temperature management, specifically in the storage of frozen food and food that requires low temperatures is also a major factor leading to the problems in logistics in India,” he said Bharti Retail, part of Bharti Enterprises, has announced the company‟s entry into the mid-format compact hypermarket segment, with launching the first „Easyday market TM´ store in Ludhiana. The company already operates 17 neighbourhood format stores of 2,200-4,200 sq ft under the brand name of „Easyday´ in Punjab and Haryana.The Bharti Retail starts new mid-format store is of 25,000 sq ft would offer items ranging from apparels for mid-format men, women and kids, home furnishings, home ware, cosmetics, a wide range of kids Rajbir Singh / 4 livemint.com hypermarket toys, small appliances, mobile phones and stationery, bakery, meat, poultry and fish, ** Vishal Abrol 15-Dec-08 operations fruits and vegetables, grocery and general merchandise, Bharti Retail said in statement. “Our consumers desire everything that is available across different markets, to be under one roof and also want everything to be available at the best price every day. This is exactly what Easyday market TM promises to deliver,” Bharti Retail Ltd President and COO Vinod Sawhny said Bharti Retail, the retail arm of telecom behemoth Bharti Enterprises, which currently operates 17 neighbourhood supermarket format stores across Punjanb and Haryana in North India under the brand name of „Easyday‟ has forayed into hypermarket segment Bharti Retail unveils with the launch of its first store under the new format in Ludhiana. Interestingly, new mid-sized Easyday neighbourhood chain was also launched from the owners‟ hometown of Ludhiana.As against the average size of 3,000 +/- 1,000 sq ft for its supermarket chain 5 indiaretailbiz.com hypermarket format Easyday, the new mid-format chain called „Easyday market TM‟ occupies around ** Rajesh Varma 10-Dec-08 called ‘Easyday 25,000 sq ft of trading space.The new compact hypermarket format chain, according to market TM’ a company statement, will carry a wide range of daily need and household products including, apparels for men, women and kids, home furnishings, home ware, cosmetics, a wide range of kids toys, small appliances, mobile phones and stationery, bakery, meat, poultry and fish, fruits and vegetables, grocery and general merchandise. Late in 2006, Reliance Industries Ltd, India‟s largest company by market value, started India‟s most ambitious retail venture. The company, through its subsidiary Reliance Dampened sentiment | Retail Ltd, planned to open around 3,000 outlets of its grocery outlet Reliance Fresh in addition to hundreds of stores of various other formats, ranging from health and 6 livemint.com Lights dim in the wellness to jewellery, by 2011.On its heels, Chennai-based mid-sized discount retailer ** Manish Gupta 15-Dec-08 retail sector Subhiksha Trading Services Ltd expanded outside its home turf into the country‟s north and west and flooded the market with hundreds of outlets in what the company termed a “carpet-bombing” strategy. KHET-SE AGRIPRODUCE INDIA (P) Volume : 27/2008 Period: 1st December 2008 to 31st December 2008 Strategic Implication Reporting No Category S.No Source News Headline Details Reported by and News Date Rating Freshthrop Fruits Ltd (FFL), the major exporter of fresh fruits, has plans to enter the business of fruit juice. The company is setting up a food-processing unit near Nashik for the purpose, at an investment of Rs. 25 crore. This new proposed unit, which will Freshthrop to invest be located near Nashik, is expected to start operation by January 2009.“We are soon 7 business-standard.com Rs 25 cr in fruit juice entering the fruit juice business. Accordingly, we are setting up an integrated food- ** Rajbir Singh 17-Dec-08 processing unit near Nashik for the purpose. We will not directly sell juice in domestic biz market, but we will produce for the fruit juice maker companies. At this proposed unit, we will extract pulp of mangoes & guavas and produce pomegranate juice concentrate, and will cater to the juice manufacturers,” the senior company official told Business Standard. Himalya Agrifood company Himalya International plans to set up a processing plant in Gujrat International to set with an investment of Rs 125 crore as part of its plans to achieve Rs 1,000-crore 8 hindu.com up food processing turnover by 2012. Besides, the company has also firmed up plans to launch its food ** Manish Gupta 4-Dec-08 products under its own brand 'Himalya Fresh' to supply to the organised retail chain unit in Gujrat The second annual Global Retail Theft Barometer 2008 Survey, covering 920 large retailers across 36 countries has rated India with the highest shrinkage rate at 3.10% India tops the retail this year, an increase of 6.9% over last year. This revelation has put India in the 9 domain-b.comom shrinkage survey... topmost positions amongst Countries worldwide closely followed by Thailand, South ** Mona Rai 17-Dec-08 Africa and Malaysia. This study is prepared by the Centre for Retail Research, once again Nottingham, England and is funded by Checkpoint Systems Inc. Checkpoint Systems Inc. has been at the forefront of developing shrink-management solutions that is benefiting retailers globally Retailer Indiabulls Retail Services Ltd, under fire for non-payment of dues to several Indiabulls to rebrand vendors and coping with an economic slowdown that has seen retail sales in India fall its outlets Happy by between 10% and 12%, is convinced the situation calls for some cheer and is 10 livemint.com preparing to unveil a new name, Happy Store, a new logo, a smiley face transposed on Store with new look, a cheerful yellow shopping bag, and a new tagline—“A bagful of smiles”.The ** Rajesh Varma 17-Dec-08 logo company‟s restructuring efforts in recent months were a run-up to creating a new identity Metro Cash & Carry, the wholly owned Indian subsidiary of the world‟s fourth largest Metro C&C enters reailer, Metro AG of Germany, opened its first store in Eastern India on Wednesday, 11 indiaretailbiz.com West Bengal; opens the 3rd December, in Kolkata. Cricket star inaugurated the outlet.The 100,000 sq ft ** Rajesh Varma 4-Dec-08 first store in Kolkata store, inaugurated by legendary cricketer Sourav Ganguly and state Sundarbans Affairs Minister Kanti Ganguly, is the company‟s 5th cash and carry (B&B) store in India Metro Cash & Carry, Indian arm of German-based Metro AG, has opened its first Metro C&C opens in Kolkata outlet, carrying the total to five in the country. The company runs two stores of 12 indiaretailing.com Kolkata; to enter the format in Bengaluru and one each in Mumbai and Hyderabad. Further, the ** Mona Rai 4-Dec-08 Punjab as well company also plans to enter Punjab and will invest Rs 9 billion to set up six distribution centers across the state, informed a top company official. German wholesale major Metro Cash & Carry might look for a foothold in north India after it starts operations in Punjab. Martin Dlouhy, managing director of Metro Cash & Metro Cash & Carry Carry India, said: “We have plans to enter Punjab now.” Asked whether the company is Rajbir Singh / planning to have a centre in New Delhi, he said: “We will take one by one.” The 13 financialexpress.com / Tribune plans to invest Rs 900 German giant has planned to invest Rs 900 crore in Punjab by launching six ** Vishal Abrol/ 4-Dec-08 cr in Punjab Ravinder Kasid distribution centres there. Present at the inauguration of the company‟s wholesale centre here on Wednesday, Dlouhy said we have been in India for long and I do not see any economic disruption as a reason for postponing our expansion plans KHET-SE AGRIPRODUCE INDIA (P) Volume : 27/2008 Period: 1st December 2008 to 31st December 2008 Strategic Implication Reporting No Category S.No Source News Headline Details Reported by and News Date Rating German wholesaler Metro Cash & Carry plans to team up with financial institutions in Metro Cash & Carry India to offer credit facilities to customers. It has already entered into a partnership 14 ET plans tie-up with FIs with SKS Microfinance to roll out such a pilot initiative among kiranas in Hyderabad. *** Manish Gupta 4-Dec-08 to lend to customers The company is evaluating the possibility of scaling up this initiative across consumer segments, especially since many are feeling the heat of the economic slowdown The organised retail sector in India is experiencing a slowdown with expansion projects either getting postponed or put on hold. But interestingly, the rural sector has been largely untouched by the economic slowdown, according to industry experts. “The rural industry has done even better than last year in the last six months due to Organised retail record output of crops and the loan waiver of Rs 60,000 crore by the Central 15 indianexpress.com sector faces slowdown Government. As a result, the rural populace has a higher disposable income for fresh ** Rajesh Varma 3-Dec-08 purchases,” C K Ranganathan, Chairman and Managing Director, CavinKare told to this website‟s newspaper on the sidelines of the Conference on „Retailing for India‟, organised by the Confederation of Indian Industry (CII) Tamil Nadu. The loan waiver size had later been increased to Rs 71,680 crore. Food and beverage major Pepsico is planning to increase its sourcing of raw materials from contract farming and venture into new states regarding this. The company's foods Pepsico to raise area business unit, Frito-Lay, procures 50 per cent of potatoes, required for making chips Rajesh Varma / Manish Gupta / 16 21food.com under contract and strips, from contract farming in eight states across the country. "We have 12,000- ** Rajbir Singh / 17-Dec-08 farming for potatoes 15,000 acres under contract farming producing around 60,000 tonnes of potatoes and Vishal Abrol our plan is to increase the acreage and also venture into other states under the system," Pepsico India Holdings Executive Vice President (Agro) Nishchint Bhatia said. The retailer has already started selling shrink-wrapped farm produce at some of its Reliance Fresh shops in Pune and Mumbai and set up facilities to do the wrapping at its five collection centers in the region, said a person close to the development. Shrink wrap is a plastic film that shrinks tightly over whatever it is covering when heat is Reliance Retail Ltd applied to it. “Plans are to roll out the project across our network once we understand how fresh produce and the consumers react to shrink wrapping,” this person said on plans to sell shrink- Competition, 17 livemint.com wrapped fruits and condition of anonymity. The latest move of selling shrink-wrapped produce is *** Subroto Banerji 18-Dec-08 expected to give the company significant savings once it adopts it across its entire C. Organised Retail & vegetables chain of shops that sell fruits and vegetables.“We lose a lot of fruits and vegetables Food processors within the store because of excessive handling by consumers. In addition, keeping the fresh produce exposed to the elements results in loss of moisture and faster spoilage, which results in losses,” said another company executive, who declined to be named because he is not authorized to speak with the media The expansion plans of Indian group Reliance Retail were put on hold this year in the face of the global financial crisis, but the company says it will begin rolling out new stores again in about six months when property prices have fallen.Reliance had initially Reliance Retail 18 freshplaza.com restarts rollout planned to have 2,000 stores by 2008 and 5,000 by 2010, but the retailer currently only ** Rajbir Singh 15-Dec-08 has 700 stores in 60 cities in India.“We will wait for another six months to book properties in Tier-II and III cities as we expect lease rentals and property prices to fall another 25-30 per cent,” an unidentified company source told the Business Standard KHET-SE AGRIPRODUCE INDIA (P) Volume : 27/2008 Period: 1st December 2008 to 31st December 2008 Strategic Implication Reporting No Category S.No Source News Headline Details Reported by and News Date Rating Subhiksha In the interest of objective reporting, we wish to reproduce below a copy of management issues a Subhiksha‟s reply to a report published earlier by the News Service. The report, among others, had suggested non-payment of salaries to 700 employees working with the 19 indiaretailbiz.com rejoinder; attributes retailer across its 97 stores in Chennai. Yesterday, based on this news report, we had ** Rajesh Varma 11-Dec-08 salary delays to ‘audit also carried a post on the subject. Hence, we feel obliged to carry the retailer‟s reply completion’ too the News Service Subhiksha shuts Subhiksha, the Chennai-based food and grocery value retail chain, according to a down 90 stores; Financial Chronical report, has shut down 90-odd convenience stores across the country in the last one month.One of our readers has written to us saying that the retail 20 indiaretailbiz.com attributes low chain has already closed a large proportion of its stores in Delhi and NCR. In a related ** Rajesh Varma 14-Dec-08 inventories to rollout development, the discount chain has withdrawn from fresh foods (fruits & vegetables) of new software segment and also cut down on supplies of pharmaceutical products More than 700 employees of 97 stores run by Subhiksha, the supermarket chain in the city have not been paid their salaries for the last two months by the company, which Subhiksha has told them to pick up groceries from the stores in lieu of their pay packets.However, 21 indiaretailbiz.com supermarket staff at with the shelves empty — all major suppliers of goods such as HLL have stopped ** Manish Gupta 10-Dec-08 supplies as the firm has defaulted on payments — the employees are in a state of panic. their wits’ end The workers resorted to an in-house protest at the company‟s human resource office at Alwarpet last week, but are aware that among those who haven‟t received their salaries are two vice-presidents. Tesco has reported its slowest UK growth figures in 15 years today with sales climbing Tesco growth falls off just two per cent in the third quarter.As predicted by experts in the last few days, like- 22 freshinfo.com rapidly for-like sales, excluding fuel, are down four per cent on the second quarter and ** Rajesh Varma 3-Dec-08 represent the slowest growth figures since 1993.This comes after the retailer introduced a cheaper product range to combat discounters Aldi and Lidl. Value addition in the whole chain in food processing sector is of paramount importance and the Haryana Government has taken the initiative by setting up 'Food Value addition in Parks' near the National Capital Region."This was stated here today by Finance food precessing sector Commissioner and Principal Secretary- Agriculture, Haryana, Ms. Shakuntala Jakhu Rajbir Singh / 23 punjabnewsline.com is vital, says experts while addressing the delegates at an international conference on "New Drivers in Food ** Manish Gupta 4-Dec-08 at Agro Tech Processing Sector" organized by the Confederation of Indian Industry (CII), in conjunction with Agro Tech 2008 from November 28 to December 1, 2008 at Chandigarh. Ms. Shakuntala Jakhu was the chief guest on the occasion Vishal Retail Ltd is not considering any stake sale, a senior official said on Monday, denying a newspaper report that the discount retailer was in talks to bring in investors. Vishal Retail not The Economic Times newspaper, quoting unnamed sources, on Monday reported the 24 indiaretailing.com looking at stake sale – retailer was looking to raise capital for operations and expansion. Shares rose 5 percent ** Rajesh Varma 17-Dec-08 to 109.65 rupees in opening trade, outperforming the Mumbai market. "There is no official discussion at the board or management level at this moment," Manmohan Agarwal, chief executive for corporate affairs, said. When asked if the firm was looking to sell a stake, Agarwal said, "We're not." Wadhawan Food Retail Private Limited (WFRL) launched its 50th Smart supermarket in Koramangala, Bangalore. With the opening of the 50th Smart Store, WFRL has Wadhawan Food touched over 200 F&G retail outlets in the convenience store format across 15 cities. Retail launches 50th WFRL operates multiple food and grocery brands including Spinach in Maharashtra Rajbir Singh / 25 domain-b.com Smart supermarket and Kolkata, Sabka Bazaar in Delhi NCR and Smart in Karnataka.WFRL also has a ** Vishal Abrol 15-Dec-08 news management contract with the Maratha chain of co-operative stores to operate its stores in Maharashtra. In addition the company has a home décor and utility lifestyle store called ' The Home Store' in Delhi NCR, Jaipur and Bangalore. KHET-SE AGRIPRODUCE INDIA (P) Volume : 27/2008 Period: 1st December 2008 to 31st December 2008 Strategic Implication Reporting No Category S.No Source News Headline Details Reported by and News Date Rating Undisturbed by the slowdown, Future Group is planning to add 6 lac square feet in East India over the next one year. The group will launch eight new stores of Big Bazaar and Pantaloons combined and one of Home Town. The proposed Big Bazaar stores will cover some 4 lac sq ft, the Pantaloons outlets over 50,000 sq ft and the Home Town FUTURE GROUP outlet at Rajarhat over 1.5 lac sq ft. The company is planning to enter new markets like Tinsukia, Jamshedpur, Patna and Deogargh. Typically, the group enters a new market PLANS 26 thehindubusinessline.com EXPANSION IN with the Big Bazaar format and then evaluates other options. Future Group is also in ** Rajesh Varma 19-Dec-08 the process of converting some of its less profitable stores into newer ones. It has EAST already done so with two outlets - a Fashion Station outlet in Kolkata and one Food Bazaar store in Salkia have been converted to Big Bazaar outlets. The group has also started re-negotiation with property developers for change in rent terms for existing stores and the newer ones. Future Group operates around 1.5 million sq ft in the East, of which Big Bazaar constitutes 10 lac sq ft and Pantaloons some 3.5 lac sq ft. The Retailers Association of India (RAI) has demanded that the sector should be given industry status and attached to either the ministry of consumer affairs or ministry of commerce and industry. According to RAI, the industry status will provide better funding options, clear policy decisions and speedy and single window clearance for RETAIL SEEKS various licenses and permits. Presently retailers have to move from one department to 27 indiaretailbiz.com INDUSTRY STATUS another for issuance of various licenses and permits. The association has made ** Rajesh Varma 19-Dec-08 recommendations to the Union government, demanding constitution of an 'empowered committee' with representation from the sector and the government to look into ways to meet the requirements of the sector. Further, RAI has asked to appoint a secretary-level official to monitor and guide the retailing activities of each state Over 100 top officials of big mall developers, retail companies and multiplexes held a meeting in Mumbai to dialogue with a view to handling the current crisis. The closed- RETAILERS AND door meeting was attended by Kishore Biyani, chief executive officer of Future Group, MALL Ajit Joshi, chief executive officer of Infiniti Retail, RA Shah of Trent, Cinemax 28 indiaretailbiz.com DEVELOPERS director Hiral Kanakia, Oberoi Constructions managing director Vikas Oberoi, Nirmal ** Rajesh Varma 19-Dec-08 Lifestyle chairman Dharmesh Jain, Ishanya president and chief executive officer I S HOLD TALKS Narula, and Entertainment World Developers managing director Manish Kalani amongst others. The main point of discussion was to have a lease rental system in place till retail chain stores achieve breakeven. Rentals for retailers have dropped by as much as 40 % in key cities across the country. RETAILERS HOLD While the fall Tier-I and metropolitan cities is in the range of 15- 20%, in smaller BACK EVEN AS towns it is higher at 30 - 40%. However, retailers are still holding back in anticipation 29 indiaretailbiz.com of a further fall in rents. In the meantime they are aggressively re-negotiating the RETAIL RENTALS current lease arrangements. MedPlus, which has 600 pharmacy stores in Hyderabad, ** Rajesh Varma 19-Dec-08 DIP Bangalore, Chennai and few other cities is negotiating for a reduction in rent, as is Future Group, Madura Garments and Arvind Brands A good crop and high support prices has put liquidity in the hands of rural India. As a result rural retail chains like Hariyali Kisaan Bazaar and Aadhar Retailing are RURAL RETAIL registering a healthy growth. This is in sharp contrast to urban retail chains that are facing a decline in sales, as a result of the liquidity crisis and fears of job loss. The Rs 30 indiaretailbiz.com CHAINS DOING 65,000-crore farm loan waiver has also improved the liquidity situation in rural areas. ** Rajesh Varma 19-Dec-08 WELL Rural retailers say they have had a good Diwali and that sales volumes are up at least 20-30 %. The kharif season has been good and the outlook for rabi season is positive as well. Sources close to Tesco revealed today that it is involved in a cost cutting exercise because it faces threats in its home market - the UK - from supermarkets such as Aldi Rajesh Varma / Tesco trims costs in 31 indiaretailbiz.com Bangalore and Lidl.At the same time, a second source said that it wants its staff to stay in Tata ** Rajbir Singh / 19-Dec-08 Ginger hotels, rather than occupy fine apartments close to its central mother ship in Manish Gupta Whitefield. KHET-SE AGRIPRODUCE INDIA (P) Volume : 27/2008 Period: 1st December 2008 to 31st December 2008 Strategic Implication Reporting No Category S.No Source News Headline Details Reported by and News Date Rating After starting out in Punjab and Haryana in its first year, Bharti Retail Pvt. Ltd plans to Bharti Retail plans 30open stores in and around New Delhi by March, marking its entry into a major metro.The company, promoted by owners of Bharti Airtel Ltd, India‟s largest mobile 32 livemint.com stores in NCR in a phone company by subscribers, plans to roll out 30 stores in the National Capital ** Manish Gupta 19-Dec-08 year Region, or NCR, by the end of 2009, according to a person with direct knowledge of the plans. Indiaʼ leading basmati rice processing company REI Agro's retail venture 6Ten has 6ten retail to open planned to invest Rs 15 billion to open 3, 500 stores in next three years across the 33 retailangle.com country, said a top company official. Speaking to media, Danish Beg, chief financial 3,500 stores by 2011 officer, REI Agro, said, "Presently, we have 473 stores and we would close the fiscal ** Martin Jojo 29-Dec-08 with 700 stores." Food processing industry have shown robust performance in the current year as Food processing industrial capacity for processing of fruits and vegetables in India had reached 2.68 million tons in the beginning of year 2008, Subodh Kant Sahai, minister of state for Vishal Abrol / 34 myiris.com capacity touches 2.68 food processing industries stated in the Rajya Sabha today. He further revealed that the ** Rajbir Singh 26-Dec-08 mn tons categorization of industrial units under fruit products order, 1955 is based on annual production limit. From “will they, won't they?'' dilemma, it was finally to “they will!'' kind of certainty that the Indian retail industry was a witness to in 2008, with the emerging shape of India's retail tale things over the year suggesting that both neighbourhood stores and o rganised retailers are here to stay. In the start of the year, there was a feeling that with firming up of real 35 ptinews.com remains bullish estate rentals, the brouhaha of Indian retail may not last long. But as the year moved on ** Rajesh Varma 22-Dec-08 despite slowdown and the rentals started softening, there was optimism in the air, paving way for hectic a ctivities by various retail players, who announced investments to the tune of Rs 14,200 crore in the near future. Slowdown forces RIL Almost two years after opening its first retail store 'Reliance Fresh' way back in November 2006, Mukesh Ambani is going back to the drawing board once again.While 36 profit.ndtv.com to revamp retail the company has so far opened around 20 different formats of retailing, NDTV learns ** Manish Gupta 22-Dec-08 formats they are now consolidating their various formats Capespan’s first South African grape of the new season arrived this week. The debut shipment aboard the MSC France docked at Sheerness on Wednesday. ** Capespan welcomes A spokesman for the company said: “This is the very first grape from the Khet-Se can earliest part of the Northern Province. It was picked in the last week of evaluate an entry 1 freshinfo.com first South African strategy for Rajesh Varma 1-Dec-08 October. Capespan has 26 pallets of Prime Seedless white grape on board the grape vessel. The quality is good.”The South African export company is expecting Grapes in volumes to build from next week when it will welcome its first Namibian Flame domestic and Seedless red grape from the Aussenkehr region to the UK market export market Acme Cold Chain Solutions Ltd displayed vegetable carts with refrigerators at Agro Tech 08 on Saturday. The cart, which has a refrigerator to provide the appropriate temperature to vegetables and fruits, will soon be launched under *** Refrigerated Carts to be the name direct to home (DTH).“The cart has been a success in Noida and evaluated on cost vegetable cart Gurgaon. We now plan to introduce it in Amritsar after which, we will bring it to & percieved value Rajesh Varma / 2 expressindia.com 3-Dec-08 displayed at Agro Chandigarh,” said Vinod Dhingra, local manager of the company. He added Rajbir Singh basis which Khet- that they are receiving good response from retail outlets who are demanding Tech 08 Se Push Cart these carts. Ranjit Singh, a farmer said: “The technology will help combat fruits would be and vegetables from being spoiled. It will also help urban hawkers minimise fabricated their losses KHET-SE AGRIPRODUCE INDIA (P) Volume : 27/2008 Period: 1st December 2008 to 31st December 2008 Strategic Implication Reporting No Category S.No Source News Headline Details Reported by and News Date Rating The FMCG and retail giant ITC‟s two way agri-retail and development initiative that facilitates flow of goods and services to and from largely inaccessible rural markets, won top honors at the recently held International Conference on Sharing Innovative ITC’s ‘e-Chaupal’ Agribusiness Solutions 2008.The two-day conference was organised by UNIDO receives top UNIDO (United Nations Industrial Development Organisation) at Cairo (Egypt) on the 26th 3 indiaretailbiz.com award for providing and the 27th November, 2008.Launched in June 2000, „e-Choupal‟, has become the ** Rajesh Varma 2-Dec-08 innovative solution largest initiative among all Internet-based interventions in rural India. „e-Choupal‟ services today reach out to over 4 million in over 40,000 villages through nearly 6500 kiosks across ten states (Madhya Pradesh, Haryana, Uttarakhand, Karnataka, Andhra Pradesh, Uttar Pradesh, Maharashtra, Rajasthan, Kerela and Tamil Nadu). Cooperate not Compete", said, Mr. Kishore Biyani, Chairman, CII National Committee on Retail & Founder & CEO, Future Group at the National Retail Summit organized by Cooperate not The Confederation of Indian Industry (CII) in Mumbai. The Summit focused on Compete' - Mr "Collaborative Retail: The New Engine of Growth". "We operate in a new world order, 4 fibre2fashion.com Kishore Biyani, wherein collaboration with stakeholders is key to profitable business and growth ** Rajesh Varma 12-Nov-08 Future Group hereon. Areas like marketing spends, real estate, recruitment and training, sourcing, back-end and advocacy offer tremendous scope for cooperation. Ideally, we should look at collaboration on common processes that provide no competitive advantage R Subramanian, Founder and Managing Director of Subhiksha Retail, India‟s largest Global meltdown has retailer in terms of number of stores, feels that while global economic meltdown would affected retail cause some pain, it will in the long run help the industry lead a healthy life. Global 5 indiaretailbiz.com growth, says meltdown has adversely affected growth of retail industry in India, says Subramanian. ** Rajesh Varma 3-Dec-08 Subiksha’s chief “Everyone in retail industry are postponing their expansion plans and are adopting a wait and watch strategy,” said Subramanian. He was speaking to PTI on retail industry Subramanian in general and Subhiksha‟s business in particular Prof. Dr Basavaraj Madhusudhan, Kuvempu University says that Indian farmers are five years away from the nanotechnology revolution. Speaking at the technical session Indian farmers are ''Nano Food & Agriculture'' at the second Bangalore Nano, organised jointly by the five years away from department of IT, BT and Science & Technology, Karnataka, Jawaharlal Nehru Center Rajbir Singh / 6 domain-b.com Nanotechnology for Advanced Scientific Research and M M Activ Sci-Tech Communications.The ** Vishal Abrol 15-Dec-08 various topics that are being addressed at the Bangalore Nano 2008 are nano revolution news biotechnology, health and pharma, industry and manufacturing, nano food and agriculture, chemicals and nano materials, ICT and electronics energy, environment and greentech India may be the third largest potato producer in the world but its contribution to global potato trade is merely half a percent, industry officials and experts India's share in participating in the Global Potato Conference said here Thursday. 'India has Manish Gupta / 7 indiaenews.com global potato trade is the required production technologies and the produce is free from major diseases, which provide significant opportunity for export of potato products,' ** Rajbir Singh 15-Dec-08 0.5 percent said Mangala Rai, secretary at the Department of Agricultural Research and Education The FMCG and retail giant ITC’s two way agri-retail and development initiative ITC’s ‘e-Chaupal’ that facilitates flow of goods and services to and from largely inaccessible rural receives top UNIDO markets, won top honors at the recently held International Conference on 8 indiaretailbiz.com award for providing Sharing Innovative Agribusiness Solutions 2008.The two-day conference was ** Rajesh Varma 2-Dec-08 organised by UNIDO (United Nations Industrial Development Organisation) at innovative solution Cairo (Egypt) on the 26th and the 27th November, 2008 KHET-SE AGRIPRODUCE INDIA (P) Volume : 27/2008 Period: 1st December 2008 to 31st December 2008 Strategic Implication Reporting No Category S.No Source News Headline Details Reported by and News Date Rating It’s just a normal market correction, is how Pinakiranjan Mishra, partner at consulting firm Ernst and Young, or E&Y, interprets the slowdown. The organized retail sector, which had witnessed year-on-year growth of 35% in 2007, is likely to end 2008 with a lower growth rate of 25-30% at a time when It’s a short-term retailers are closing unviable stores, pruning staff and reworking business blip, things will models. Mishra stresses that the industry will benefit in the long run as retailers 9 livemint.com improve in the near learn from their mistakes. A member of the retail committee at the Federation ** Mona Rai 16-Dec-08 of Indian Chambers of Commerce and Industry, he authored E&Y’s report future’ Winning With Intelligent Supply Chain, released earlier this year, which talks about the challenges inherent in a supply chain so critical for the retail sector’s success. In an interview, Mishra spoke about the reasons for the current downturn and the outlook for the country’s organized retail business A switch from unorganised to organised retail will bring in huge benefits, not only for the government in the form of taxes, but also for consumers, farmers and unorganised trade participants alike in a big way, says a report by PricewaterhouseCoopers (PwC). Apart from helping India become a sourcing Kiranas to survive Business 10 financialexpress.com hub for the world, organised retail will also help create huge employment retail onslaught: PwC opportunities, introduce newer products in the market and create lasting *** Rajesh Varma 17-Dec-08 Development, D. relationships between farmers/producers and the industry, says the report, Strategy & Import/ which was in released association with Confederation of Indian Industry here Export on Tuesday. Onion exports are likely to dip by 20 per cent in December compared to shipments in November due to increase in minimum export price of the commodity by $75 a tonne (about Rs 3,700 a tonne) and late crop arrivals. Onion exports likely India exported an estimated 1,00,000 tonnes of onions in November, about 70 Manish Gupta / 11 thehindubusinessline.com to dip 20% in Dec per cent rise from 58,800 tonnes in the same month last year. However, ** Vishal Abrol 11-Dec-08 volumes of the shipments may decline by about 20,000 tonnes this month, a senior official with the Nationa l Agricultural Cooperative Marketing Federation (Nafed) said. While there has been significant growth in the output of potato since Independence, the country lacks infrastructure to penetrate overseas Processed potato, processed vegetables markets, a senior official with the Central Potato Research Institute (CPRI) on Monday said. “Since 1949-50, there has been 12 financialexpress.com lucrative option for phenomenal increase in potato-grown area (547%), yield (267%) and output ** Manish Gupta 9-Dec-08 farmers (146%),” SK Pandey, director, CPRI, said. He said that the potato output is expected to be around 29 million tonne in 2008-09, against around 25 million tonnes achieved last year The Bharti Wal-Mart Training Centre, India’s first special skills training centre aimed at bridging the shortage of skilled workers for cash-and-carry and organized retail formats was inaugurated today in Amritsar, Punjab by Sardar Parkash Singh Badal, Chief Minister, Punjab.The Bharti Wal-Mart Training Punjab Chief Centre is located at the Government Institute of Garment Technology (GIGT) Minister Inaugurates Amritsar, which is run by the Department of Technical Education, Punjab Government.Enrollments for the inaugural batch of students at the Training 13 IndiaPRwire.com Bharti Wal-Mart Centre are now open. Bharti Wal-Mart has set up a dedicated help line service *** Mona Rai 13-Dec-08 Training Centre in for interested candidates at 0183-3222944. The Bharti Wal-Mart Training Amritsar Centre is expected to train approximately 125 candidates each month. All enrolled candidates will be awarded 100% scholarships. Certification for floor assistants and sales assistants will be two week half-day programs with an additional week-long program for supervisors. Those opting for front-end retail jobs will be required to attend a week-long program KHET-SE AGRIPRODUCE INDIA (P) Volume : 27/2008 Period: 1st December 2008 to 31st December 2008 Strategic Implication Reporting No Category S.No Source News Headline Details Reported by and News Date Rating Acme Cold Chain Solutions Ltd displayed vegetable carts with refrigerators at Agro Tech 08 on Saturday. The cart, which has a refrigerator to provide the appropriate temperature to vegetables and fruits, will soon be launched under Refrigerated the name direct to home (DTH).“The cart has been a success in Noida and vegetable cart Gurgaon. We now plan to introduce it in Amritsar after which, we will bring it to 14 freshplaza.com displayed at Agro Chandigarh,” said Vinod Dhingra, local manager of the company. He added ** Rajesh Varma 2-Dec-08 that they are receiving good response from retail outlets who are demanding Tech 08 these carts. Ranjit Singh, a farmer said: “The technology will help combat fruits and vegetables from being spoiled. It will also help urban hawkers minimise their losses Rentals for retailers have dropped by as much as 40 per cent in key cities across the country even as mall owners are devising alternative survival Retail rent dips 40%, strategies to beat the slowdown. Worse, rentals are expected to drop further in the next six months in key metropolises, experts say.some parts of Bangalore. realtors work 15 business-standard.com overtime to beat For upcoming malls, indications are that the rent to revenue ratio would see a dip from 40-50 per cent to 25 per cent in the next few months,” said J Suresh ** Rajesh Varma 5-Dec-08 slump CEO of Arvind Brands, which is the retail division of Arvind Mills and has licensing relationships with international brands such as Arrow, Gant, Cherokee and a joint venture with VF. Faced with the unexpectedly sharp slowdown in economic activity, retailers have begun to opt for smaller and niche formats rather than the large and hyper formats. This means shop sizes now will be between 800 and 5,000 sq feet, rather than huge flagship and experiential tores.companies say that the Small is beautiful for Manish Gupta / 16 livemint.com return on investments (RoI) is high in smaller formats as against a bigger retail retailers in gloom area. Retailers such as Reliance Retail, Future Group’s Big Bazaar and ** Rajbir Singh 18-Dec-08 Bharti’s Easy Day are moving ahead with smaller formats, especially in the fashion and furnishing segments apart from the food and grocery segments. Several value retailers have cut prices by over 15% across specific product Value retailers cut categories to trigger spending in a challenging consumer environment. Big Bazaar, D'Mart, Spencer's, Food Bazaar, among other retailers, have prices of pvt labels; 17 ET FMCG cos yet to begun cutting prices in product categories like apparel, home products, foods (private labels) to lure consumers. In the wake of softening commodity prices ** Rajesh Varma 17-Dec-08 budge and recent excise duty cuts, input costs have dropped by roughly 25-30% in several categories The EU’s import tariffs for bananas break global trade rules, according to a ruling this week from the World Trade Organisation (WTO). The WTO believes WTO condemns the regulations put some Latin American countries at an unfair disadvantage 18 freshinfo.com European banana against former French and British colonies, it emerged on Wednesday.As reported on Associated Press, the ruling bears out a decision taken in April by ** Rajesh Varma 1-Dec-08 tariffs the WTO that called on the EU to change its duties in line with global commerce rules. The report on the impact of organised retail on small shop owners, released in parliament by the Delhi-based think tank Indian Council for Research on International Economic Relations (Icrier), said the retail business in the country would grow at 13 percent annually from $322 billion in 2006-07 to $590 billion Unorganised retail in 2011-12. The unorganised retail industry was valued at $309 billion in 2006- 19 thaindian.com sector to grow to 07. However, given the relatively weak financial state of the unorganised *** Rajesh Varma 22-Dec-08 $496 bn in four years retailers and the space constraints on their expansion prospects, this sector alone will not be able to meet the growing demand, the report said. Hence, the organised retail that now constitutes a small four percent of the total industry is likely to grow at a much faster pace of 45-50 percent per annum and quadruple its share in total retail trade to 16 percent by 2011-12, the Icrier said KHET-SE AGRIPRODUCE INDIA (P) Volume : 27/2008 Period: 1st December 2008 to 31st December 2008 Strategic Implication Reporting No Category S.No Source News Headline Details Reported by and News Date Rating Indicating a further set back in retail sector, Reliance Retail, a subsidiary of India's largest private company Reliance Industries, is planning to show door to around 900 Reliance Retail to workers in its land acquisition and statutory clearance teams across the country, 1 siliconindia.com give pink slips to 900 reported The Financial Express. urces mentioned that around half the employees slated ** Rajesh Varma 5-Dec-08 staff to lose their jobs are on the company rolls while the balance are with outsourced agencies providing support services. The move is clearly indicating that the company HR / Recruitment / does not plan any major land acquisition in near future. E. Hiring & People The U.S. retail industry slashed 91,300 jobs in November, the biggest monthly loss in Movement the sector since April 1956, as merchants close stores and reduce sales help as it faces USA : RETAIL what may be the weakest holiday season in decades. It also marked the 12th INDUSTRY LOSES 2 timesrecordnews.com 91,300 JOBS IN consecutive month of retail job reductions. The dismal job news came a day after ** Rajesh Varma 19-Dec-08 retailers - with Wal-Mart a notable exception - reported the weakest month in at least NOVEMBER 39 years. Overall, the nation's employers cut 533,000 jobs in November, the most in 34 years, pushing the unemployment rate to a 15-year high of 6.7 percent. Count your FIBRES Points : Newsletter no. SB PPK RK PP PV MR MG RV RSP JJ SV MJ MM Vol -1 x x x x x x x x x x x x x Vol - 2 x x x x x x x x x x x x x Vol -3 x x x x x x x x x x x x x Vol -4 x x x x x x x x x x x x x Vol -5 x x x x x x x x x x x x x Vol -6 x x x x x x x x x x x x x Vol -7 x x x x 20 x x x x x x x x Vol -8 x x x x 10 x x x x x x x x Vol -9 x x x x x x x x x x x x x Vol -10 40 x x x x x x x x x x x x Vol -11 40 x x x x 30 20 x x x x x x Vol -12 10 x x x x 40 70 x x x x x x Vol -13 10 x x x x 10 70 x x x x x x Vol -14 x x x x x x 80 x x x x x x Vol -15 x x x x x 30 80 x x x x x x Vol -16 20 x x x x 60 90 x x x x x x Vol -17 10 x x x x 90 60 40 x x x x x Vol -18 x x x x x 20 100 80 x x x x x Vol -19 10 x x x x 80 330 100 30 x x x x Vol -20 x x x x x 50 300 170 260 60 10 x x Vol -21 30 x 10 x x 40 520 350 810 10 x x x Vol - 22 50 x x x x 60 300 180 360 x x x x Vol -23 20 x x x x 30 320 140 390 x x x x Vol -24 x x x x x 50 500 300 290 x x 70 x Vol -25 30 x x x x 50 430 310 210 10 x 20 50 Vol -26 x x x x x 50 400 310 240 x 10 60 Vol -27 10 x x x x 50 200 580 310 x x 10 70 Vol -28 10 x 10 x x 40 300 440 420 x x 10 20 FIBRES Points earned 290 0 20 0 30 780 4170 3000 3320 80 10 120 200 Info compiled by : Prashant Pandey SB Mr. Subroto Banerji PPK Mr.Pravin P Khambaswadkar RK Mr.Ravinder Kashid PP Mr. Prashant Pandey PV Ms.Pragya Verma. MR Ms.Mona Rai MG Mr.Manish Gupta RV Mr.Rajesh Varma RSP Mr. Rajbir Singh JJ Mr. Jomy Joseph SV Mr. Shiv Kant Verma MJ Mr. Martin Jojo MM Mr. Mohit Maini VA Mr. Vishal Abrol VA x x x x x x x x x x x x x x x x x x x x x x x x x x x 240 240 KHET-SE AGRIPRODUCE INDIA (P) LTD Process involved in assigning ratings and then processing the shortlisted news articles. GATE-1 Collection of Information News stories will be monitored every week in major Indian media. We will monitor and The nation's circulating newspapers eg. Hindu, Financial express,Business Standard , Econo The news channels eg.NDTV, CNBC, Times Now , etc. The weekly news magazines eg. Food and Beverages , Agriwatch , Annual Reports , Chairm We will also include stories sent to us by the volunteers like stories from other media, or stori News articles will be identified by daily monitoring of the major media outlet websites using a GATE-2 In order for the news article to be eligible for newsletters, the article should Be relevant to the management and the business of Fruits and Vegetables.. Discuss an intervention that is intended for use in Fruits and Vegetables sectors and Retail.. Make explicit or implicit claims about the movement of the competitors and their plans. GATE-3 Sl No. Rating Criteria Stars /Rating 1 News of immediate impact and actions to be taken. ***** 2 News of importance having long term impact **** News of development happening in the market 3 place. *** 4 News of Relevance. ** 5 Good to know news. * GATE-4 Discussion of all the five stars rated news in the monthly meeting . News Categories A Sourcing , Prices & General F&V News B Govt Policies, Duties , Subsidies, New Scheme & Initiatives C Competition & Organised Retail D Business Development . Strategy & Import/ Export E Marketing / Branding F HR / Recruitment & Moves G Miscellenous NDIA (P) LTD. Newsletter Rating Criteria a. We will monitor and select from the following: siness Standard , Economic Times.TOI etc. Annual Reports , Chairmans Speech etc. om other media, or stories that we might miss. outlet websites using a google searches. rs, the article should: tables.. bles sectors and Retail.. rs and their plans.
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