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Global Network to help modernise Navi Mumbai agri market

Updated: Jul 07, 2014 01:47:44pm
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Ahmedabad, Jul 7 (KNN)  Ahmedabad based consulting firm Global Network will be helping Navi Mumbai agri market to modernise as per international markets model of Canada, China and Europe put together, with an investment of Rs 900 crore. 

CEO, Global Network, Jagat Shah conceptualised the vision of transforming APMC (Agricultural Produce Market Committee) into an international trading hub in a presentation to APMC, its allied agencies and all stakeholders, encouraging them to embrace it boldly by participating rather than perceiving it as a threat.

The foreign trade concept plan was presented by Navi Mumbai Merchant’s Chamber (NMMC) to APMC traders during a seminar on July-5 in Navi Mumbai that saw over 300 participants.

“The challenges being faced by Navi Mumbai market are related to hygiene, connectivity of roads, traffic flow, internet connectivity, lack of cold storage facility, frozen food area not earmarked, residential area need to be part of the market, office buildings, processing and distribution, product rates screens, parking facilities, cleanliness, banking in the market,” said an official release.
 
What the Navi Mumbai market requires are: advanced new infrastructure with buildings, both hardware and software (Wi-Fi market) support facilities; greatly improved logistical efficiency; better conditions and practices for food hygiene; more and stricter food safety assurance; adapting full cold chain operation; IT applications; and environmental-friendly solutions.
 
In his presentation, Shah talked about the story of Shenzhen Hi Green market which was like Navi Mumbai market in the past; but with an investment of Rs 900 crore, it has been converted into a modern market with all above solutions.  The investment came from private sector and banks.
 
He has proposed to take a delegation from NMMC to China, Singapore and Hong Kong to showcase success stories of different markets and also meet with Chinese companies in areas of construction, consultants, agro associations who have built such a market in China and bankers who are ready to fund etc.
 
To build a common vision amongst stakeholders as to how APMC, Vashi can be transformed in to an international trading hub with infrastructure of international standards, Shah dwelt at length on the Canadian and European market models.    
 
He spoke about international market access through innovative tools such as warehousing as an option of quick market entry with higher efficiencies and lower wastages; innovative concepts / tools for international market access; Joint Venture in Africa with low funds investments for market access; E-commerce/ B2C approach to exports for consumer goods. (KNN/ES)

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