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B.U.D.C. B.V Netherlands entering India with Food Security Fund

07-21-2016 09:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: BUDC BV

B.U.D.C B.V Netherlands enters Indian market with Food Security Fund & Smart City Fund

B.U.D.C B.V Netherlands enters Indian market with Food Security Fund & Smart City Fund

Food is alongside energy and water, one of the biggest challenges that face urbanization. Securing food for growing urban areas has to go hand in hand with the empowerment of farmers in rural areas. In modern days, the way we consume food has also changed. The original concept of the crops from the farms being sold at markets in the city still exists. The food market in India is however increasingly shifting towards processing of food to completely packaged ‘ready to eat’ food.

Behind this shift is an enormous industry, a lot of cutting edge innovation and value creation which benefits all in the value chain.

BUDC has created a development strategy for Mega Food Parks (MFP’s) in which we connect various chains: logistical chain and supply demand chain. Besides the value chain approach, we look at the development process as a network. The design and creation of this network also means creating an ecosystem. This comprises of various organizations that work together in some form or the other and add value in the various chains. The core of the ecosystem comprises of companies engaging in food processing and agricultural technology. Besides these companies the ecosystem comprises of R&D companies, educational institutes, specialized lab facilities, shared service center, startups/incubators, skill development institutions hotels and residential units etc.
Sustainability is an integral part of all developments of BUDC. Hence, the park will have a (near to) zero carbon footprint. This will be achieved by generating renewable energy within the park premises and also introducing waste to value and waste to energy solutions.

The Dutch have a very advanced technology and business climate in agro and food processing. The Dutch are the second largest exporters of agro products in the world. A part of these exports are however derived by produce elsewhere in the world, but under the management of Dutch companies. BUDC plans to “airlift” some of these companies to the MFP and also look for Indian counterparts for joint operations in various fields. These kinds of cooperation’s will give both parties in The Netherlands and India to commonly develop intellectual property (IP) and at the same time tap into the export markets.
The proposed ecosystem is designed from the philosophy of cradle to cradle and hence reducing the carbon footprint and maximizing the use of raw material and minimizing wastage. We thus create a unique eco-friendly park. The kind of companies that we want to bring into the MFP are more than just food processors. They also do a lot of on and offsite research and development, including seed improvement and seed development which in turn allows better crops. Our own knowledge center will play an important role in dissemination of knowledge which farmers can use to considerably increase their yield of crops, use lesser resources like water and transition into organic farming. These measures will empower the farmers. An extension of the knowledge center is the creation of the Producer-Processor Cooperative. This ensures that the farmers, as producers, are an integral part of the cooperative and hence profit from the upstream value creation and therefore have a higher income. The expected direct and indirect employment is expected to be around 30,000 persons.

The MFP will have the following core features
Dry and cold storage
Pulping and juicer units
Food processing
Dryers
Washing/ grading/ sorting and packing units

Besides these core features, the MFP will have various shared service centers, which will include:
Food testing labs
R&D labs
Conference and training facilities

The MFP will also feature residential units, shopping and medical facilities.

BUDC B.V Netherlands was incorporated to facilitate and contribute to the ambitions and challenges that face the current Indian cities. BUDC brings together capital, knowledge and an international network of businesses to provide integrated solutions to urban transformations. It is our belief that we can bring the excellent practices and expertise in specialized fields, in which The Netherlands has built an international reputation, to the urban challenges that India faces.

BUDC's approach distinguishes itself by being a very integrated approach in planning and managing cities. It is participatory, well balanced in weighing various interests in a city, looking at facilitating economic growth and at the same time minimizing negative environmental impact, designing multimodal transportation systems, traffic management and so forth.

The company has organized an interdisciplinary consortium that is highly specialized in particular fields to create innovative solutions to the specific demands of a city and also execute them.

After extensive understanding of the Indian market, meeting stakeholders at the National & State government level it was decided that B.U.D.C B.V Netherlands would form an Indian entity (BUDC India P Limited), plan-establish-fund Mega Food parks & Industrial parks that are smart & with a cogent economic model. BUDC BV was incorporated by Drs Ryan Tewari & Manish Dixit 2 leading Dutch financial experts & PIO's along with Joseph Sam a multi faceted International professional with the expertise in finance, management & project execution.

BUDC B.V.
Crown Business Centre,
Planetenweg 5, 2132 HN
Haarlemmermeer, Netherlands

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