08.19.06
Reliance in talks with Himachal Govt. for Joint Venture for Agri Based Business
Reliance in talks with Himachal Govt. for Joint Venture
After going on bullish about the Retail Business in India, RELIANCE Industries is in talks with the Himachal government for setting up 25 joint venture to run rural business hubs in the state. The business hubs in Himachal will be based on a similar model as that of Punjab. The company is evaluating various options and will be using the JV for the rural agri-retail business. The company is also learnt to be in talks and some central government outfits as well, primarily for warehouses.
Reliance is also exploring options to take over state government unit Himachal Pradesh Horticultural Produce, Marketing and Processing Corporation (HPMC). The company’s business arrangement with the state government will be for vegetables and apples.
Col Hardyal Chauhan said,
January 20, 2007 at 1:26 am
Reliance should introduce a susidised packaging for apples. A need for negotiating with the govt for establishing an apple packaging unit at shimla and around to provide packing material to farmers at an agreement with them of supplying the apple to reliance for marketing.In other word reliance can be a middle man between the farmer and the customer at source.This will enable the farmer to sell his produce in shimla and need not take the trouble of transporting his produce to far flung areas of India.
Quality export apples could be assured by Reliance.
Regards
Col Hardyal Chauhan
New Delhi
Belongs to Shimla
Owns an Apple Orchard