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Following the signing of a Memorandum of Understanding on 21st February 2023 at the World Trade Centre in Dubai between retail giant Lulu Hypermarket LLC and the Indian government agency, Agricultural and Processed Food Products Export Development Authority (APEDA), millet exports from India to the UAE can be expected to increase.
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Gulfood 2023: Landmark MoU Signed Between Indian Government And Lulu Group For Millets Export Around the world, millet is available in about 6,000 different varieties. Unlike wheat, rice, and corn, millets can be grown in arid and semi-arid areas because they don't need good soil or a lot of water to grow. For more than a billion people worldwide, millets are a source of protein and energy. Millets are primarily imported by major economies of the world like Indonesia, Belgium, Japan, Germany, Mexico, Italy, the United States, the United Kingdom, Brazil, and the Netherlands. MOU For Millet Exports Following the signing of a Memorandum of Understanding on 21st February 2023 at the World Trade Centre in Dubai between retail giant Lulu Hypermarket LLC and the Indian government agency, Agricultural and Processed Food Products Export Development Authority (APEDA), millet exports from India to the UAE can be expected to increase. One of the highlights of Gulfood 2023, the biggest yearly food exhibition in the world, is the agreement. The MoU follows the two nations' CEPA agreement, which was signed and is continually being improved to ease trade. The MoU was signed by Dr. Saleem VI, chief operating officer of LuLu Group International (LLC), and Dr. Tarun Bajaj, director at APEDA, in the presence of Dr. M. Angamuthu, chairman of APEDA, Dr. Aman Puri, consul-general of India in Dubai, and MA Yusuff Ali, chairman of Lulu. Reason For Agreement The United Arab Emirates (UAE) is the third-largest country to import goods from India. As India celebrates 2023 as the International Year of Millets, the nation is promoting a variety of millet-related products as well as its selection of wheat, rice, and maize.
From April to November 2022, India exported millets worth US$46.05 million. The new MoU will assist APEDA in achieving its objective of exporting millets and their value-added products for US$100 million by 2025. About LuLu Group International And APEDA This year's international trade show is concentrating on promoting millets for export, and it will feature trading partners from the GCC, Asia, Africa, and Europe. The LuLu Group International is a retail organization that runs 247 Lulu stores and 24 malls throughout the Gulf Cooperation Council, Egypt, India, and the Far East. APEDA, a division of the Indian government's Ministry of Commerce, is promoting millets' exports by attending 16 international trade shows. The millets will be purchased from FPOs, FPCs, women's business organizations, start-up companies, etc. If you wish to export or import bulk quantities of millets globally, you should visit Tradologie.com. Tradologie has 70,000+ registered vendors and 600,000+ registered buyers of various food and agro-commodities in its network and through the platform, you can buy or sell millets in bulk with ease. To register as a buyer, click here. To register as a seller, click here. To stay updated with the latest happenings in the agro-trade industry, follow Tradologie.com across all social media channels. REFERENCE- https://bit.ly/3YY3ZiW CAPTION
Gulfood 2023: The Indian Government And Lulu Group Sign a Ground-Breaking MoU For Millets Export VIDEO META Video Caption Gulfood 2023: Landmark MoU Signed Between Indian Government And Lulu Group For Millets Export Video Script ● A Memorandum of Understanding was signed on 21st February 2023 at the World Trade Centre in Dubai between retail giant Lulu Hypermarket LLC and the Indian government agency, Agricultural and Processed Food Products Export Development Authority (APEDA). Can show a blank MOU document ● Following this, millet exports from India to the UAE can be expected to increase. Can show shipment of millets ● The new MoU will assist Apeda in achieving its objective of exporting millets and their value-added products for US$100 million by 2025. Can show an image of millets in bulk Video Description Following the signing of a Memorandum of Understanding on 21st February 2023 at the World Trade Centre in Dubai between retail giant Lulu Hypermarket LLC and the Indian government agency, Agricultural and Processed Food Products Export Development Authority (APEDA), millet exports from India to the UAE can be expected to increase. One of the highlights of Gulfood 2023, the biggest yearly food exhibition in the world, is the agreement.