Business Daily from THE HINDU group of publications
Monday, Feb 04, 2008
ePaper | Mobile/PDA Version


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Outlook
Agri-Biz & Commodities - Floriculture
States - Tamil Nadu
Tanflora to expand, diversify

R. Balaji

Hosur, Feb. 3 Tanflora Infrastructure Park Ltd, an agri export zone for roses, plans to expand and diversify operations.

Mr Najeeb Ahmed, Managing Director, Tanflora, told reporters he had invited to the company’s facility that the Tamil Nadu Government is considering allotting an additional 40 ha to expand Tanflora’s operations. Tanflora plans to set up a plant propagation facility to produce one million rose plants for exports and the domestic market and a unit with a capacity to make about 30,000 bouquets a day to supply directly to international retail chains.

The company, a joint venture between the state-run Tamil Nadu Industrial Development Corporation (TIDCO) and M. Naseem Ahmed & Associates of Bangalore, holding an equal stake, provides common infrastructure, processing facility and international marketing to over 25 growers within the park.

Tanflora’s exports to meet Valentine’s Day demand has trebled to three million rose stems compared to last year. The annual production was now about 30 million roses under 36 hectares of green house. The area under cultivation would reach its full capacity of 54 ha with a production of 70 million rose stems by next year. Tanflora is spread over 100 ha with the rest of the area taken up for common infrastructure facilities.

Each rose grower is allotted two hectares for cultivation of export variety roses and the growers hand over the produce to Tanflora for post-harvest processing, packing and export marketing. The revenue is shared 25:75 on f.o.b. basis between Tanflora and the growers. In addition, Tanflora directly cultivates roses on a 4 ha area. The AEZ also supports over 200 farmers in Hosur and surrounding areas, a major production centre for export varieties of flowers, with the processing and export facilities.

Mr Ahmed said Tanflora’s produce goes to the US, Europe, Japan, Australia, West Asian and Far East countries. The company has overseas offices and soon expects to set up one in Tokyo. Next week, a delegation of buyers from Japan is expected at the facility to finalise a long-term marketing arrangement, Mr Ahmed said.

Tanflora is now world’s fourth largest producer of export quality roses.

More Stories on : Outlook | Floriculture | Tamil Nadu

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Tourism Finance confident of raising Rs 100 crore thru QIPs


‘Employers too look for strong brands’
New IT solution to integrate AI, Indian platforms
Jain Energy to set up power plant at Balpur
ONGC’s marginal fields: $35 cap on crude pricing may go
Tanflora to expand, diversify
Dr Reddy’s to scale up biologicals operation
Honda Siel sales up 29%

BusinessLine E-paper


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line