INI Farms expands export basket to include grapes, mangoes

INI Farms Pvt Ltd — a huge exporter of banana and pomegranates — has expanded its item portfolio with seasonal fruits like grapes, mangoes and oranges, and is eyeing more recent marketplaces in China and Australia.

INI Farms, which has targeted a five-fold revenue advancement by 2025-2026 fiscl at ₹1,000 crore, exports to Europe, West Asia and South-East Asia beneath the Kimaye manufacturer and expects to close the existing fiscal with revenue of close to ₹200 crore.

“We have developed a pipeline from the farms to the shops globally. We consider that we can push much more products and solutions now,” said Pankaj Khandelwal, Chairman and Managing Director. The organization started exports of grapes this yr and is also on mangoes in the existing season.

“We exported four distinct versions of grapes from India this yr, which we will expand noticeably likely ahead,” Khandelwal said. INI Farms will be sourcing grapes from farmers in the essential generating areas of Nashik and Sangli in Maharashtra.

Newer geographies

In addition to the present marketplaces, INI Farms will be focussing on China and Australia, the two new marketplaces that have opened up for Indian grapes. “As far as China is anxious, we have a logistics advantage in comparison to other grape producers this sort of as South Africa and Chile. It is complicated to evaluate the industry right now mainly because it has just opened up. From general industry dimension, it ought to be quite huge,” he said.

INI Farms has been operating with farmers and farmer producer organisations developing a offer chain for these new seasonal fruits like mangoes, grapes and oranges. “For mangoes, we are concentrating largely on the exportable versions this sort of as Alphonso, Kesar, Banganapalli and Safeda,” he said. The organization will be introducing oranges in the domestic industry this yr on a demo basis.

INI Farms, which earns about eighty five per cent of its revenues from the export industry, bore the brunt of Covid lockdown on its functions. Though most of the issues are again to normal at the operational degree, the organization nonetheless faces problems on the disruption in logistics. “There is nonetheless no clarity and it may perhaps just take 3 to 6 months to solve, but increase in logistic prices is hurting us,” he said.