Saudis keen to invest in Indian food sector: Envoy tells Karnataka authorities

Agencies
December 5, 2018

Bengaluru, Dec 5:  Saudi Arabia was keen to invest in the Indian food sector as India was one of the largest exporters of grains and vegetables to the desert kingdom, its ambassador to India Saud bin Mohammed Al-Sati said on Tuesday.

"We are looking to invest in the Indian food sector, particularly in packaging, storage and transportation, as India is one of the largest exporters of food grains and vegetables to our kingdom," Sati told an interactive session with India Inc here.

In view of the 30 per cent wastage in the Indian farm sector due to bottlenecks in storage, packaging and transportation, the envoy said investment by Saudi Arabia would benefit both the countries.

Projecting a 10 per cent increase in bilateral trade between the two countries this fiscal (2018-19) from $27.5 billion last fiscal (2017-18), Sati said there was immense scope to boost it further by investing in agriculture, chemicals, fertilizers and tourism.

"There is a great potential for tourism as we are reducing our dependency on petroleum oil. We are expecting about 8 lakh Indians to visit our country this year as against 5 lakh last year," said the ambassador.

Calling upon India Inc to explore business opportunities in his country, the envoy told the Karnataka members of the Confederation of Indian Industry (CII) apex body to invest in the education and IT sectors to benefit the 3 million Indian expats in the kingdom.

Hydrolines Chief Executive R.P. Nair said IT, IT-enabled services, pharmaceuticals, life sciences, manufacturing, power, energy, transport and logistics, food processing and beverage, infrastructure and construction, plastics and polymers chemicals and automotive were the key sectors for trade between the two countries.

"As relations between the two countries were robust and vibrant, there is huge potential to expand the cooperation in unexplored areas. India can be a strong partner in Saudi Arabia's expansion process," added Nair.

Earlier, Sati called on Karnataka Chief Minister H.D. Kumaraswamy at the state Secretariat in the city centre along with former Minister and Congress legislator Roshan Baig.

Also Read: Bengaluru to get Saudi Arabian consulate soon

Comments

Joseph Stalin
 - 
Wednesday, 5 Dec 2018

Great gift for people. It will help to increase jobs in food packaging, storaging and transporting sections

Unknown
 - 
Wednesday, 5 Dec 2018

Actually we need govt like Saudi . They are really working for people's development and satisfaction. Modi govt such a waste. Working for unwanted issues

Sandeep Ullal
 - 
Wednesday, 5 Dec 2018

Packaging, stiraging fields will improve far better than now. Good news.. Congrats HDK govt. Thank you saudi govt

Vinod
 - 
Wednesday, 5 Dec 2018

Such a nice move. HDK doing great things

Reshma kodialbail
 - 
Wednesday, 5 Dec 2018

Indians love arabian foods. Already we adopted many arabian foods than western

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News Network
March 26,2024

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Mangaluru: Officials from Cyber Economic and Narcotics Crime Police Station in Mangaluru have arrested a man for allegedly engaging in an online fraud by deceiving a person on the pretext of offering a part-time job. The arrested is Saddam Gauri alias Bavuri, 30, from Rajasthan.

City police commissioner Anupam Agrawal said the CEN police received a complaint regarding an online scam related to a part-time job offer.

Police registered a case under sections 66(C) and 66(D) of the IT Act, along with IPC Section 420. The complainant had received a link via WhatsApp from an unknown number, purportedly offering a part-time job opportunity.

Upon clicking the link, the complainant was instructed to complete certain tasks to earn money. However, during the process, the complainant incurred a loss of Rs 1.1 lakh.

Following an investigation into the matter, the CEN police successfully arrested the suspect and presented him before the court. In the course of arrest, police seized two mobile phones, eight debit cards, four bank cheque books, Aadhaar card, PAN card, and other relevant documents from the accused.

The arrest was made possible through the efforts of CEN station inspector Shyam Sundar and his team, under the guidance of City Crime Records Bureau (CCRB) ACP Ravish Nayak and DCP Siddharth Goyal.

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News Network
March 19,2024

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Bengaluru, Mar 19: Former Karnataka Chief Minister Basavaraj Bommai on Monday said that the Congress will split in three months after the upcoming Lok Sabha polls and its impact will be visible on the Siddaramaiah-led state government.

"Due to internal squabbles, the state government will not last long," the BJP leader said.

Talking to reporters on Monday, he said the sitting MP from the Gadag-Haveri constituency, Shivakumar Udasi, has done a lot of development work and implemented the Central government's schemes effectively.

"Prime Minister Narendra Modi will surely become the PM for the third time. The overall response has been good in the Gadag-Haveri Lok Sabha constituency," the former Karnataka chief minister said.

Asked if he was contesting the election in a half-hearted manner in the Gadag-Haveri seat, Bommai said "such a question does not arise when the party's high command gives instructions".

He said he would respect his opponent and not take anyone lightly. 

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News Network
March 15,2024

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Bengaluru, Mar 15: Work from home to using toilets in malls, residents of India's 'Silicon Valley' Bengaluru are exploring all options to combat the unprecedented water crisis. People across various neighbourhoods have been forced to order food from restaurants and take bath on alternate days due to the water scarcity.

Even those in high-rise apartments equipped with water harvesting systems now find themselves reliant on water tankers for basic needs, leading to stringent usage restrictions.

Eateries are mulling over use of disposable cups, glasses and plates to avoid excess use of water.

Educational institutions are also feeling the pinch. Recently, a coaching centre in the city asked its students to attend classes online due to an 'emergency' for a week. Similarly, a school on Bannerghatta Road was also closed, asking students to attend classes online just like they did during the Covid pandemic.

Residents have come with up new methods to try and conserve water. With temperature rising, it is difficult to avoid a daily shower but they are left with no option but to take bath on alternative days, said Sujatha, a resident of KR Puram.

"What to do? Clean vessels, cook food, wash clothes....so, we have started using paper plates, that way we have cut down on our water usage. And we order food twice a week. We are using the washing machine only once in a week now," she said.

Some others have resorted to visiting a mall to take a shower or use the toilet facilities.

Lakshmi V, an IT professional living in Singasandra, has been requesting her firm to allow WFH option so that she and her family can temporarily shift to her native place in Tiruchirapalli in Tamil Nadu until the situation becomes better.

"If the situation persists, we are thinking of seeking a work from home option. We are planning to move to our native place in Tamil Nadu temporarily till rain arrives here," she said.

Bengaluru primarily gets its water supply from two sources - Cauvery river and groundwater. For most non-drinking uses, recycled water processed by sewage treatment plants is used. With no rain for a while now, the primary sources have been stretched to their limits. Bengaluru needs 2,600-2,800 million litres of water daily, and the current supply is half of what's required. The result is a daily struggle for the city's residents.

The brunt is also being borne by people living in the outskirts of Bengaluru, especially in 110 villages that were merged with the city in 2007.

The crisis has also turned into a political battle between the state's ruling Congress government and the opposition BJP with Lok Sabha just weeks away. While the BJP has held several protests blaming the government, the Congress has accused the BJP-ruled federal government of not providing financial assistance to drought-hit Karnataka.

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