Karuturi, like many other large-scale investors, underestimated the complexity of opening land for large-scale commercial agriculture.
Ethiopia's huge agricultural output has brought about an economic miracle for the nation. But inhabitants are being pushed out of their native land by foreign investors and have no share in the profits.
African continent is the new destination for Indian agriculture companies, as more than 80 of them have invested over Rs 10,800 crore in commercial farming activities in under-developed countries of the region.
Gilles van Kote, envoyé spécial du Monde, et Jiro Ose, photographe japonais basé à Addis-Abeba, se sont rendus dans la région de Gambela, à la pointe occidentale de l'Ethiopie, pour enquêter sur le phénomène de location de terres.
Rich soil, a tropical climate, and an abundance of water: the region of Gambela in the west of the country is fertile. Foreign investors are renting thousands of hectares of it to develop intensive agriculture without regard for the environment and the population, reports Le Monde.
Interest by both local and international companies to lease land has been met with criticism by some outside the region, yet locals are unperturbed.
Obtaining millions of hectares for farming in Africa, Indian firms are playing predator.
New report provides a detailed examination of the role of the Indian government and Indian companies engaged in overseas agricultural land acquisitions in Africa, Asia and Latin America.
Goverment of Ethiopia webpage on land lease contracts (in Amharic)
Indore-based Ruchi Group plans to grow oil palm in Cambodia on 20,000 ha.
Indian floriculture companies are moving into other agri-products in the world's second-largest continent.
La voix de l’Anywaa Survival Organisation s’est élevée contre la politique de cession des terres adoptée par le gouvernement éthiopien.