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Millets trade fair in Karnataka rakes Rs 107 cr business

IANS  |  Bengaluru 

The International Trade Fair on Organics & Millets held here since Friday generated Rs107 crore business, said Agriculture on Sunday.

"The Fair generated Rs 107 crore business in three days, including Rs 27.69 crore as letters of intent between 34 farmers federations and entrepreneurs got commitments worth Rs 340 crore for the next three years," said on the event's last day.

Held for the first time in the southern state at the sprawling Bengaluru Palace grounds in the city centre, the Fair attracted a whopping 2 lakh people.

"We hope to bring about a change in the dietary habits of the people and promote a sustainable future with organic and millets," said

State IT said 44 start-ups, including 16 in agri-business, would get grants from the but did not specify the amount or its break-up.

"The is also setting up a new centre for excellence in agriculture to hasten development in the agri-business sector with access to labs and research centres," he said.

Noting that was in the pole position to lead the world in millet production and exports, said was at the forefront of promoting and consuming the next-generation as it was "conscious of the we eat, its nutritional value, impact on farmers and the to get from farm to fork".

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, January 21 2018. 23:46 IST
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