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1913Re: Himachal based exporter bags $1.7-mn US order

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  • rachnakanwar
    Mar 1, 2006
      Hi Varun
      How are you?
      Regds
      Rachna
      --- In Shimlahangout@..., Varun Rattan Singh
      <varun_singh@r...> wrote:
      >
      > Indian vegetable exporter bags $1.7-mn US order
      >
      > MUMBAI: Leading mushroom and vegetable exporter Himalya
      International
      > Ltd has bagged orders worth $1.7 million from a US food service
      company,
      > the Bombay Stock Exchange (BSE) informed on Monday.
      >
      > "The company has kick-started the New Year by way of a huge order
      of 80
      > containers valued at $1.7 million for its canned mushrooms from a
      major
      > US food service company. The delivery schedule spans from February
      to
      > October 2006," the BSE statement said.
      >
      > This order will result in the Himachal Pradesh headquartered
      company, a
      > major mushroom producer, raising its production by 50 percent
      compared
      > to the corresponding quarter of the last financial year.
      >
      > The company has over 50 farmers supplying produce that are
      processed for
      > exports under a contract-farming programme for production and
      supply of
      > vegetables and mushrooms.
      >
      > The company's new facility in Himachal Pradesh for mozzarella
      cheese
      > from buffalo milk in collaboration with a US-based Winona has also
      begun
      > its first phase of production.
      >
      > A technical team from the foreign collaborator had visited the
      unit
      > during December 2005 to oversee the entire first phase of
      production.
      >
      > At full capacity, the company will be processing 15 million pounds
      of
      > specialty cheese per annum valued at $25 million. The plant is
      also
      > equipped to manufacture batter and breaded appetizers, mozzarella
      > sticks, mushrooms, eggplants and onion rings.
      >
      > The company has entered into a marketing arrangement with
      Artiginale
      > Italiano Inc. for the entire annual produce, which will be
      marketed in
      > the US.
      >
      > The company has also commenced processing a 1.6 million pounds
      baby
      > potatoes order for a retail chain headquartered in Canada.
      >
      > --
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