date:Jul 14, 2012
ere are also spice and tea majors looking at Africa with considerable interest.
Leased land concept
According to the Confederation of Indian Industry (CII), the tax concessions and leased land concept have seen companies here opt for an African trail even if they are remotely associated with agriculture and food processing. For instance, infrastructure major Shapoorji Pallonji Co received 50,000 leased hectares in Ethiopia and is likely to consider its foray into agriculture in the coming year