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Home Chandigarh

Hafed starts exploring business opportunities in other countries to expand export business

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September 21, 2022
in Chandigarh, Haryana
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IEP Chandigarh September 21, 2022

Haryana Government’s Apex Cooperative Federation, Hafed, has started exploring business opportunities in other countries to expand the export business.

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Managing Director, Hafed Sh. A. Sreenivas, informed that HAFED has started diversifying its activities to exports. In this series, Hafed has received an order for export of 20,000 metric tonnes of rice, valued at 21.95 million USD, to Saudi Arabia. HAFED has successfully delivered its first consignment of 2,500 MT of Basmati rice on September 10, 2022, the remaining quantity is likely to be dispatched in the last week of September 2022. He informed that for the purpose of export of rice, HAFED procured over 20,000 MT different variants of Basmati Rice from the farmers of Haryana at market rate.

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The Managing Director informed that HAFED has also emphasized on infrastructure augmentation and has taken up several projects. He informed that HAFED has started expansion and modernization of existing processing units and also focusing on setting up of new plants. Chairman HAFED, Sh. Kailash Bhagat, appreciated the efforts made by the officers & officials of HAFED for successful shipment of rice export to Saudi Arabia.

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