Adani Group firm inked a pact with India Pulses Grains Association (IPGA) on 19th October 2015 to handle the commodity across its ports to ensure smooth and cost efficient availability of lentils across the nation.Retail tur dal prices shot up to Rs 200 per kg from 185 per kg. India imports nearly five million tonnes of pulses annually for domestic consumption, mainly from Canada, Australia and regions around the Black Sea.
The pact will enable and help to develop a dedicated and efficient supply chain for pulses, using strategically located Adani Ports facilities to all key consumption centres in the country, ensuring availability of lentils. The company also has tied up with multiple partner agencies to provide collateral management and trade finance services at the port itself.
The MOU is intended to help develop a dedicated and efficient supply chain for pulses, using strategically located Adani Ports’ facilities to all key consumption centres in the country, ensuring the smooth and cost efficient availability of this key vegetable protein across the country.
About APSEZ:
- Full form: Adani Ports and Special Economic Zone Limited.
- APSEZ is a part of the Adani Group.
- Headquarters: Ahmedabad, Gujarat
- Founder : Gautam Adani
- Founded: 1988
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