Press Esc to close
Wednesday 06 May 2015
News updated at 1:52 PM IST
Weather
Max: 31.5°C
Min : 22.8°C
In Bengaluru
Sunny day
Breaking News

Indian growers help Ethiopia become world's fourth largest flower exporter

Addis Ababa, May 16, 2013, (IANS) :
Reuters Image

Indian-owned firms in Ethiopia are making flowers the country's third-largest export earner after coffee and khat, a kind of chewable cannabis.

In the last five years, the Ethiopian floriculture industry has become the second largest flower exporter in Africa (after Kenya) and fourth largest flower exporter in the world. According to one estimate, the export value earned by the country is expected to rise up to $550 million by 2016.

Revenues from flower exports have grown from $27.9 million dollars in 2002-03 to $178.3 million dollars in 2010-11.

Ethiopia has a comparative advantage in the production of roses, especially with favourable climate conditions and availability of labour. The Ethiopian Government also offered incentives to investors.

"Ethiopia has the ideal climate, appropriate conditions and stable, year-round temperature that can ensure better production and quality flowers. The region is acknowledged as one of the best flower growing areas," said the Ethiopian Horticulture Producers & Exporters Association (EHPEA).

Debre Berhan, at an elevation of 2,840 metres above sea levels, has the ideal climate to grow flowers.

One Indian company, ASK Flowers and Greens Plc, is in Debre Berhan town in Amhara regional state, 130 km north of the capital Addis Ababa, which exports 1.2 million flowers a year to European, Middle Eastern and African markets.

Shahab Khan, who set up ASK Flowers and Greens Plc in 2007 at an investment of 20 million birr (US$1 million), said he was putting in another 10 million and planning to enter the Russian market.

"The expansion will add 11 hectares and we expect it to grow over 400 percent of the current capacity," Khan told IANS.

The expansion will see the construction of greenhouses, pack houses, cold storages, irrigation systems, a farm managers' residence, a service water reservoir and a bore-well. "We also envisage entering the Russian market."

ASK was the first flower investment in Amhara. Debre Berhan mayor Getahun Zeke said a farm of ASK type, on a three hectare plot leased from the town administration, is one of the incentives for foreign investors in the country.

In 2012, another Indian, Sanjay Bengali, had set up Esimo Flowers & Agro Industries Plc in the same area with an investment of 100 million birr (US$5 million). Esimo plans to harvest to 90,000 or 100,000 stems.

Bengali has earlier said his company would be growing roses that are bred locally and are similar to Ecuadorian and Colombian breeds.

Another Indian firm, Karuturi Global, is also engaged in the production of cut roses across Ethiopia and Kenya.


Go to Top

Photo Gallery
Congress women workers during a protest against the BJP-PDP government for their...

Congress women workers during a protest against the BJP-PDP government for their...

Union Ministers Ravi Shankar Prasad, Uma Bharti and J P Nadda after the Cabinet...

Union Ministers Ravi Shankar Prasad, Uma Bharti and J P Nadda after the Cabinet...

Congress Vice President Rahul Gandhi talks to MoS Sadhvi Niranjan Jyoti at Parliament...

Congress Vice President Rahul Gandhi talks to MoS Sadhvi Niranjan Jyoti at Parliament...

Siddharth Roy Kapur along with his wife and Bollywood actor Vidya Balan arrive in....

Siddharth Roy Kapur along with his wife and Bollywood actor Vidya Balan arrive in....

Rajasthan Royals players Steven Smith, Stuart Binny, Ajinkya Rahane along...

Rajasthan Royals players Steven Smith, Stuart Binny, Ajinkya Rahane along...

KKR Mentor Jacques Kallis, CEO Venky Mysore, Brad Hogg and Robin Uthappa during...

KKR Mentor Jacques Kallis, CEO Venky Mysore, Brad Hogg and Robin Uthappa during...

Power Minister Piyush Goyal with Congress MP Raj Babbar and MP Javed Akhtar at...

Power Minister Piyush Goyal with Congress MP Raj Babbar and MP Javed Akhtar at...

Congress members Digvijay Singh at Parliament house in...

Congress members Digvijay Singh at Parliament house in...

Prime Minister Narendra Modi with William Joseph Burns, former US Deputy...

Prime Minister Narendra Modi with William Joseph Burns, former US Deputy...

Mumbai Indians icon Sachin Tendulkar with captain Rohit Sharma before the...

Mumbai Indians icon Sachin Tendulkar with captain Rohit Sharma before the...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523