Al Barakah Dates to drive India expansion with Dubai Industrial City factory

  • Date: 22-Feb-2023
  • Source: Zawya
  • Sector:Industrial
  • Country:UAE
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Al Barakah Dates to drive India expansion with Dubai Industrial City factory

UAE - Al Barakah Dates, a market leading dates processor, has announced plans to expand its presence in India exporting over 30,000 tonnes of bulk raw material from its factory in Dubai Industrial City (DIC).

The joint venture with India-based leading food processing firm Candor Foods Pvt Ltd was announced at a signing ceremony at Gulfood 2023. It comes on the back of the UAE-India Comprehensive Economic Partnership Agreement (CEPA) announced in May 2022 to enable greater market access through preferential tariff rates and benefits.

Al Barakah Dates factory in DIC is the world’s largest privately-owned dates factory. It is designed to process over 100,000 tonnes of dates and dates products annually – equivalent to almost half of the UAE’s entire domestic harvest. The joint venture will employ the factory’s extended production capabilities and DIC’s strategic connectivity via air, sea, road and soon Etihad Rail, to meet the demands of one of the world’s biggest consumer markets.

Equal contributor

Speaking on behalf of DIC, Saud Abu Alshawareb, Executive Vice President of Industrial Leasing – TECOM Group, said: “The UAE and India’s trade history is coming full circle. The UAE is now an equal contributor to a long-standing exchange of ideas, crafts, cuisine and culture.