Chandigarh-based IG Fresh Produce, a subsidiary of fresh fruit importer IG International, has stated it will invest Rs 1 bln (€12 mln) in the next five years in Arunachal Pradesh for cultivation of kiwis and stone fruits.
The company has entered into an agreement with the Arunachal Pradesh Agricultural Marketing Board (APAMB) and the farmers of Namshu village in West Kameng district for this endeavour, which will be done in over 40 hectares of land, IG Fresh Produce said in a statement. Under this agreement, IG Fresh Produce and APAMB will ensure cultivation, research and development and post-harvest activities in a phased manner.
Source: mybigplunge.com