“I got in on the ground floor, others got in on the second floor, but there’s a lot of floors left to go in Africa’s economic cycle,” says farmland investor Sai Karuturi.
- Bloomberg
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24 October 2010
Ramesh Krishnaswamy of Karuturi Global in an exclusive interview with CNBC-TV18
Addis Abaaba has decided to withdraw from the regional governments the right of attributing leases of over 1,000 ha. However, the 2010 federal budget lists no income whatsoever, and no information on this subject appears in the quarterly reports of the National Bank of Ethiopia.
- Africa Intelligence
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09 October 2010
India's Karuturi plans to emerge as a leading player in agriculture in the African continent, with revenues from agriculture trumping revenues from floriculture in two years.
- Business Standard
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24 September 2010
Tensions against Indian companies acquiring farmland in Ethiopia are mounting, according to Tehelka
- Tehelka
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17 September 2010
Indian floriculture companies are moving into other agri-products in the world's second-largest continent.
- Business Today
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21 July 2010
La voix de l’Anywaa Survival Organisation s’est élevée contre la politique de cession des terres adoptée par le gouvernement éthiopien.
Anywaa Survival Organisation's critique of the Ethiopian government's video presentation of rice land grab in the Gambela region.
Private equity firms like Rabo Equity Advisors and IL&FS Investment Managers may be in talks with Karuturi.
The Addis government shows scant regard for the potential local impact of massive Indian investment in floriculture and biofuels.
- Asia-Africa Confidential
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25 June 2010
Sai R Karuturi, founder and MD of Karuturi Global, says the company has acquired a very large piece of land in Ethiopia and has started agricultural production from it.
Indian tea companies, among others, are making a beeline to acquire estates in Africa. And the government is facilitating their hunt for good deals.
- Economic Times
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13 June 2010
