Union Minister Mr. Kamal Nath addresses 8th India-EU Summit
30 Nov '07
3 min read
Shri Kamal Nath, Union Minister of Commerce and Industry, has stated that the agriculture sector needs diversification, modern marketing, cold chain management and private sector linkages.
Speaking at the inaugural session of the 8th India-EU Summit: Technology and Innovation for Sustainable Development, organised by the Confederation of Indian Industry (CII), he informed that India is the world's second largest producer of fruits and vegetables and has a huge opportunity to become global food supplier if only it has the right marketing strategies with efficient supply chain.
The Minister said: “I believe India's farm sector can be lifted up just like the manufacturing sector and the country has the potential to become an international powerhouse. I am also confident that with some inclusive planning and smart innovation, Indian agriculture can lift its growth rates above the last ten years average of 2.5% to around 4-5%.
The Farm Policy recently presented in the Parliament is the beginning of new Green Revolution – green linked to agriculture, environment and dollars.
The Summit was attended by Mr. Peter Mandelson, European Union (EU) Trade Commissioner; Dr. Basilio Horta, President of the Portuguese Development Agency; Shri Ajay Shankar, Secretary, Department of Industrial Policy & Promotion; Shri G.K. Pillai, Commerce Secretary; senior officials and representatives of business communities from both India and EU.
Highlightingthe relevance of the Indo-EU Summit, Shri Kamal Nath informed that the focus of the summit on innovation and its linkage with sustainable development is timely.
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