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FINANCIAL NEWS
Arab & India Spices opens new USD10 m plant in Ajman
18 Apr 2014
(MENAFN) Arab & India Spices, one of the leading foodstuff manufacturers in the UAE, has announced the launching of its new state-of-the-art food processing plant in Ajman at USD 10.88 million, according to the Emirates 24/7.
The new hi-tech food processing plant, inaugurated by the Consul-General of India in Dubai Anurag Bhushan, is expected to produce 2.000 tons of foodstuff.
Bhushan said: “The Indian food products and spices are highly popular in the UAE and the region for its highest quality standards. Indo-GCC trade is vitally important to both regions for the continued prosperity of the market. The Gulf region is a major target market for India’s main export of food products.”
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