Taking a leaf out of the FMCG books, the government is now chanting the brand mantra to push agricultural products in the international markets. |
The plan is to brand a product linking it to its place of origin on the lines of Kiwi fruit, Macintosh apples and Californian oranges. |
Ratnagiri (Alphonso) mangoes, Nagpur oranges, Nasik onions, Maharashtra chikoos and Himachal Pradesh apples will now be repositioned in the international market. |
Rajana Kumar, chairperson of Nabard said, "Though there is a huge potential for Indian agri products in the overseas markets, our marketing have been poor. The government will have to rope in embassies and consulates to push our products there." |
Yes Bank is working with Union ministry of agriculture and ministry of commerce in providing advisory services for agri-branding. Rana Kapoor, managing director of Yes Bank, said "India is an agrarian economy and we need to convert it into an agri-business economy. |
Every state has its own speciality "" be it fruits, vegetables, handicrafts - and this has to be highlighted. Branding of state speciality products will help access the top-end stores and will realise better pricing." |
Internationally, governments or co-operatives have defined product specifications, supported with enhanced production systems and established these products through strong global brand management support in selected countries. |
A classic example is the success story of the Golden Kiwi Fruit. The Zespri group is a farmer co-operative (owned by 2,500 owner producers) and is the exclusive marketer of Zespritm green, gold, and Organic Kiwifruit. |
Headquartered in New Zealand, Zespri has regional offices in Europe, the UK, Japan, Taiwan, South Korea and North America and has presence in more than 55 countries. |
Zespri's sales revenue for 2003-2004 stood at $ 911 million (around 6 per cent increase over 2002-2003) and the groups profitability in the same period was $ 22.9 million (around 59 per cent increase over 2002-2003). |
The government's move is to promote the 'India Inc brand' through strong research-based identification of export opportunities in other markets. |
Registration of collective marks is provided under the Trademarks Act 1999 that came into force last year. |