Saturday, September 6, 2008

Updates: Netafim, Bihar floods, Trade pacts and Pusa1121

1. Netafim, the world’s largest provider of smart water solutions for agriculture, inaugurates its second plant in Chennai, India. "Netafim™, an Israel based Agri-Business pioneer and the world’s largest provider of smart water solutions for agriculture, has been delivering innovative solutions that increase crop yields and preserve water resources. Netafim™ is active in over 110 countries across 5 continents, employing over 2600 employees, has more than 35 subsidiaries and 13 manufacturing facilities in 11 countries."

2. Bihar floods have led to losses worth more that 150 crores. Business-standard carried this story. Worst affected are the crops like paddy and maize and also pulses, vegetables and banana.

3. India is pushing on talks involving free trade of goods, services and investments with Japan and South Korea. Parallel talks are also going on with Thailand in similar lines.

4. Conflicts surrounding Pusa rise continues. Limited exports of Pusa rice has been allowed. Although it has not been provided the new definition of basmati rice in spite of meeting the necessary requirements.

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