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K'taka garnered revenues of Rs 170 cr from millets & organics int'l fair.
Jan 11, 2024
Karnataka has garnered revenues to the tune of Rs 170 crore from the millets and organics international fair. The three-day expo of nutra-cereals highlighted the need for traditional super foods to nourish future generations.
The objective of the event was to not only make sure that the millets and organic produce reaches consumers, but to also help provide remunerative markets to farmers.
The revenues generated thus include B2B transactions of Rs 150 crore and transactions in stalls amounting to Rs 20 crore, stated Karnataka Agriculture Minister N Cheluvarayaswamy.
The B2B business pacts related to transaction of 17,192 metric tonne of produce. In all, the trade fair witnessed 213 B2B meetings and signing of 41 Letters of Intents/MoUs.
The business transactions were concerned to all varieties of millets spanning from foxtail millet, little millet, Indian barnyard millet, Kodo millet, Brown-top millet and proso millet. It also covered Byadagi chillies, spices, organic jaggery, turmeric powder and organic vegetables. The fair witnessed a huge demand for millets' value-added products like cookies, malts, millets powder, ready-to-cook and ready-to-eat items.
There were at least 2 lakh visitors over the three days. It also saw the participation of delegates from various States besides other countries including Australia, the UAE, Kenya and Kuwait.
In all, the fair had 310 stalls, including 100 under the Karnataka pavilion that were dedicated to farmers, research institutes and FPOs (Farmer Producer Organisations). It also saw the participation of 35 start-ups engaged in millets and organics business.
At the inauguration, Karnataka Chief Minister Siddaramaiah said that millets would be introduced in Indira Canteens, mid-day meals in schools, anganwadis, and public distribution system. Soon, a meeting will be convened of officials from the Departments of Food, Agriculture, Education, RDPR (Rural Development and Panchayat Raj Department), and Municipalities to discuss the modalities for introduction of millets.
Addressing the valedictory function of the fair, Cheluvarayaswamy said 51 subject experts had delivered lectures at the fair.
Karnataka’s deputy chief Minister D K Shivakumar appreciated and hoped that millets and organic cultivation methods would provide a solution to the country’s water woes and issues with soil fertility.
Referring to the popularity of millets and organics in Karnataka and its prime position in the sector, Revenue Minister Krishna Byre Gowda observed that Karnataka had also emerged as capital of millets and organics in addition to being a IT and BT hub.
fnbnews.com
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