Feb 18, 2020
Maersk, the global integrated logistics company is working closely with Agricultural and Processed Food Exports Development Authority (APEDA) to enable trade opportunities through land and sea routes. This is a part of government efforts to work with transportation players in order to meet the target of $60 billion in agriculture exports by 2024.
Last month when Maersk, delivered its first end-to-end shipment of freshly produced green chilies from Varanasi to Jebel Ali, United Arab Emirates (UAE) within nine days, it was among the initial efforts by the company to get agriculture exporters to use its services.
APEDA is preparing a scheme where agri product exports even via airways are being looked into apart from ocean transportation for faster movement of agri cargo overseas.
APEDA is an organization under the Ministry of Commerce & Industry and the firm is exporting agri products worth $38 billion. It has now partnered with Maersk alone and are awaiting the report on the shipment.
Maersk with 5 per cent of its total India volumes in agri-segment is looking to explore opportunities of growth in this area by maintaining consistency in its shipments.
There is a lot of untapped potential in fresh produce exports out of India and Maersk plan is to have consistent exports of certain products to improve overall market share as well as the volumes.
Noting the lack of temperature controlled infrastructure, Maersk has also started renting out its containers. The firm also provides end-to-end services for agri product exports.