Itanagar: In order to promote exports of agricultural and allied sector products from Arunachal Pradesh, the state Agriculture Marketing Board (APAMB) has signed a memorandum of understanding (MoU) with Dubai-based Lulu Hypermarket.
The MO was signed on Friday in New Delhi on the sidelines of the World Food India 2023 event, officials said on Saturday.
Prime Minister Pema Khandu expressed satisfaction with the agreement.
Addressing X, Khandu said, “I am happy to share that Arunachal Pradesh Agriculture Marketing Board (APAMB) has signed a five-year MoU with Lulu Hypermarket LLC, Dubai, UAE for supply of oranges and vegetables to Gulf countries.”
This agreement marks an important milestone in the agriculture and market connection, paving the way for the supply of oranges and vegetables to the Gulf countries. The Prime Minister said that the MoU will provide opportunities to our farmers to expand their presence in the market globally and will also make agriculture more profitable for them.
“I offer my best wishes to everyone involved in this landmark agreement,” he added.
The five-year MoU primarily covers the export of oranges, pumpkins and some other products from the state to Gulf countries through the wide network of Lulu Hypermarkets, one of the leading and diversified business groups with over 200 hypermarkets. worldwide and with a turnover of US$8.5 billion.
The MoU was signed by APAMB CEO Okit Paling and the company’s CMD Zulfikar Kadavath.
The collaboration will open new avenues for the agricultural community, creating opportunities for farmers and producers to expand their reach and showcase their products on a global scale, officials said.
Lulu Hypermarkets will work closely with APAMB to facilitate the export of various agricultural and allied sector products from the state.
The aim of the cooperation is to stimulate economic growth, increase exports and improve the general welfare of farmers.
APAMB is also actively talking to Singapore-based exporters and plans to leverage cargo flight from Guwahati to Singapore
news source (www.thekashmirmonitor.net)