DFV demands export subsidy for bananas

Desai Fruits and Vegetables (DFV) Chairman and MD Ajit Desai on Saturday demanded subsidy on exports of premium quality bananas from the Centre.

VADODARA: With a view to develop an international market for premium quality bananas, Chairman and Managing Director Desai Fruits and Vegetables (DFV) Ajit Desai on Saturday demanded subsidy on its exports from the Centre.

Talking to newspersons after flagging off the 18-ton-container of bananas from Jhagadiya town here to Jeddah today, Desai said his company is first to export bananas from India to Jeddah under a multi-million dollar contract signed by the company for year-round supplies.

Recently, DFV signed India's largest deal to export bananas to UAE and is in the process of readying shipments to the countries inluding Japan across the world, he said.

Being the largest producer of bananas in the world, Indian banana export market can get a boost if the government of India mulls over the issue of expor subsidy for the fruit, he said.

Also, DFV is looking at the exponential growth in banana plantations. The company today has more than 2500 acres of land under contract farming of which 800 acres is under banana cultivation.

Chief Executive officer of DFV Pankaj Khandewal said that in just three years DFV plans to increase the banana cultivation to 10,000 acres with 2500 farmers dedicated to the cause with a turnover of Rs 350 crores by 2011 from Rs 80 crores at present.
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DFV is a global exporter of fresh fruits and vegetables with the most modern facilities meeting international quality standards.

The company, which is also involved in contract farming, provides the farmers everything from seeds to technology, pesticides, fertilizers and supervisors in every village, Desai said.
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