Business Daily from THE HINDU group of publications
Saturday, Oct 07, 2006
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Agri-Biz & Commodities - Spices & Condiments
Web Extras - Exports & Imports
Spices Board, oleoresin industry eye Russian market

G.K. Nair

Processing cos evince interest at buyers-sellers meet in Moscow


BSM meet suggestions
Technical expert of the individual oleoresin company should visit Moscow for demonstration of preparation and for closer ties
Food technologist from CFTRI/defence food research laboratory for identifying different applications/uses of spice oleoresin

Kochi , Oct. 6

The Spices Board and the Indian oleoresin industry have identified the Russian food processing industry as a potential buyer of Indian spice oils and oleoresins.

This has come to the fore during discussions at the buyer-seller meet (BSM) organised by the Indian Embassy in Moscow recently as part of the "World Food Moscow 2006", which was attended by a delegation led by the Chairman, Spices Board, Mr V.J. Kurien, comprising eight spices exporters and Mr S. Kannan, Director (Marketing) of the Board.

During the BSM, major spices processing companies in Moscow had a detailed interaction on the use of spice oils and oleoresins and specific advantages to the meat, fish and poultry industries, Mr Kannan told Business Line.

Food industry

Indian oleoresin industry, he said, has also assured the food processing industries in Moscow to provide the required technical knowledge on preparing various blends for different applications. Russian market has achieved a noticeable change in the food industry particularly in the processed food segment and was moving towards the system and style of Germany, Italy and France, he pointed out.

A detailed market study focusing on the market potential for spice oils, oleoresins, spice blends and ground spices would be undertaken by the Spices Board for understanding appropriate market promotional activities through the industry.

Suggestions

Though the food processing industry in general is convinced about the uses and benefits of spice oils and oleoresins, due to lack of technical support, preparation of different oleoresin blends for different uses is not taking place.

Hence, he said, following suggestions had been made:

a) Technical expert of the individual oleoresin company should visit Moscow for a period of 30 days along with samples for (i) spot demonstration on preparation of blends and their uses, (ii) educating the local industries' production/processing in-charge on the preparation and different use of spice oils and oleoresin, (iii) establish closer working relationship with at least four food processing industries for market expansion.

b) Food technologist from CFTRI/defence food research laboratory may be identified for undertaking industry-sponsored projects on different applications/uses of spice oleoresin. The proposed research project may be co-ordinated by the Spices Board's laboratory for quality evaluation, he said.

Realising its importance and potential, three exporters, who participated in the World Food Moscow in September 2006, are also participating in "Ingredients Russia 2006'" during November 2006, he added.

More Stories on : Spices & Condiments | Exports & Imports

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
H1 commodity futures turnover up 200 per cent


Inflation up on costlier food, manufactured items
Meghalaya farm
Rubber recovers, tops Rs 80
Tata Tea to exit Lanka plantation business
Prices ease at Kochi tea auction
Medha Patkar-led group protests against SEZ
Amul launches new ice cream flavour
Differential MSP for ELS cotton on cards
Pepper futures crash on liquidation
Spices Board, oleoresin industry eye Russian market
Raising hopes
Analysts differ on sales of gold by ECB
Meet to spread awareness on noni cultivation


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line