Burying China's 'String of Pearls' - An Unworkable Endeavour

[kumar2310s]

In case of china, their central banks formed an alliance and invested in mega land deals/leases. In case of India, i believe private big corporate houses should form such similar alliances and pool in resources to get land leases and resources from African nations.

 

[no smoking]

In case of china, their central banks formed an alliance and invested in mega land deals/leases. In case of India, i believe private big corporate houses should form such similar alliances and pool in resources to get land leases and resources from African nations.

Generally, private corporations won't be interested in such kind of business since there is no profit in short-term. The only way you can bring them in is: your government provides total financial and political guarantee.

 

[sorcerer]

In case of china, their central banks formed an alliance and invested in mega land deals/leases. In case of India, i believe private big corporate houses should form such similar alliances and pool in resources to get land leases and resources from African nations.

Generally, private corporations won't be interested in such kind of business since there is no profit in short-term. The only way you can bring them in is: your government provides total financial and political guarantee.

Well there are a lot of INdian companies investing abroad..and Unlike CHina Indian companies doesnt always need the help of Govt to invest.. Indian companies in here have enough resources to make investments take investment decisions and they are doing it.

India buys land 9 times Delhi's size abroad

Indian companies have acquired land more than nine times the size of Delhi on foreign shores, as cultivable land at home is lost to urbanisation, industry and infrastructure projects.


Land Matrix, a global land monitoring initiative that tracks land dealings worldwide, placed India among the top 10 countries that have acquired large tracts of land abroad, primarily for agriculture, in Africa and Asia. The country ranks eighth, next to China, in the list which has US, Malaysia, United Arab Emirates and UK among the top buyers.

Of the total 848 deals concluded globally since 2008, 80 involve Indian companies that have invested in 65 deals to grow foodgrains, sugarcane, oil seeds, tea and flowers

India buys land 9 times Delhi's size abroad

Indian Investors Buy Farmlands In Africa

Did you know that the flowers which were used during the inaugural of World Cup 2010 in Johannesburg came from the Ethiopian rose gardens of Sai Ramakrishna Karuturi. Karuturi, a Bangalore businessman who has been acquiring land in African nations, has already become the biggest rose grower in the world, and one of the world's biggest private land owners. Interestingly, he also owns Karuturi Sports, a Kenyan football club (earlier called Sher Agencies) that plays in the country's premier league.

The Tata group has been given a land lease in Uganda to run a pilot agricultural project, while the Jaipurias of RJ Corp have a lease of a 50-acre model dairy farm. The latter is already active in dairy products in African markets such as Uganda and Kenya. Construction major Shapoorji Pallonji & Co has acquired the lease for 50,000 hectares of land in Ethiopia and may look at agricultural projects in future. And it's not just large Indian companies, small and medium enterprises in sectors ranging from spices and tea to chemicals are looking at entering the commercial agriculture space in Africa.
Indian Investors Buy Farmlands in Africa