Kerala - Thiruvananthapuram   

Eastern Group ties up with UAE retail major

THIRUVANANTHAPURAM: Jaleel Traders LLC, one of the largest retail distributors in the UAE and the Eastern Group, a leading masala manufacturer in the State, are floating a joint venture to set up a state-of-the-art spices and pulses processing facility in the UAE.

Addressing a news conference here, Eastern Group Chairman M. E. Meeran said the new venture would help the company consolidate and expand its market share in the West Asian region. “Eastern is already a leading brand in packed curry powder and masala segment in the UAE. The new facility will help us derive more value for money,” he said.

The Eastern Group and Jaleel Traders would be equal partners in the Rs. 30-crore joint venture. The 1,000-square metre plant being set up in Ras-Al-Khaimah in the UAE would focus mainly on processing and packaging pulses, rice, fruits, nuts, herbal dry leaves and spices from around 47 countries. The unit would also help Eastern to provide better reach for its products in the Gulf Cooperation Council.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Needed: blood and voluntary donors
Panel to study woes of khadi sector
Students’ green signal for road safety forums
Efficient firewood stoves to be on show
Work on zoo enclosures slow
Safety at sea on Valiathura pier
School in Konni enters the Cyber-age via blogs
Cultural programme for prisoners launched
Abattoirs to be modernised
Painting competition
Residents on the warpath
Anti-plastic drive gains momentum
Man, wife found dead
Eastern Group ties up with UAE retail major
VS to inaugurate water supply scheme
Action sought against officials
Thituvananthapuram today

Copyright © 2007, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu