Thu. Dec 3rd, 2020

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Meat and cotton yarn suppliers back to work

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Amid the devastation and after a steep dip in trade, meat and cotton yarn suppliers have started receiving export orders. Industry executives said that he large demand of buffalo meat is mostly from Malaysia, Egypt, Saudi Arabia and Indonesia. The high demand of meat is for Ramadan from April 23.

Export orders dipped by about 48% to 65,000 tonne in March, according to industry estimates. India exports 10-12 lakh tonne of buffalo meat valued at Rs 20,000 crore every year.

“Demand for meat increases during Ramadan, which begins on April 23. We are witnessing higher number of enquiries from buyers and some of the exporters have even started signing contracts,” said Fauzan Alavi, spokesperson for All-India Meat & Livestock Exporters Association.

Export orders dipped by about 48% to 65,000 tonne in March, according to industry estimates. India exports 10-12 lakh tonne of buffalo meat valued at Rs 20,000 crore every year. “Buffalo meat processors have started sanitizing premises and following health guidelines for workers, logistics and supply chain to address importers’ concerns ahead of the opening of units from April 20,” said Alavi.

 

 

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