 This venture of the group is one of the highest
contributing businesses, to the total revenues of
the group & is slated to contribute substantially
towards the growth of the company in the days ahead.
Agri Business-Import
The Group is engaged in import of vegetable oils
viz. soyabean oil, palm oil & sunflower oil. The
supply demand gap of vegetable oils is increasing
year after year & has great potential going forward.
Crude soyabean oil is imported from South American
countries like Argentina and Brazil. Soyabean oil
accounts for 60% of the oil consumed in our country
and the consumption is expected to go up because of
the low-fat and protein-rich contents of the oil.
Palm oil is imported from Malaysia & Indonesia,
whereas sunflower oil is being imported from Russian
countries.
In near future, the group has plans to come up with
a port based refinery along southern coast.
Agri Business-Export
Some of the world’s biggest commodity giants trust
the Floriana group’s wholesome & fine quality
agro-products. The group ventured into the exports
of agro-commodities business in year 2003-04 & now
commands a major foothold in the market.
The group mainly exports protein meals like soyabean
meal and rapeseed meal. The export of these meals
takes place mainly to various South Asian countries.
Agri Business-Domestic activities
The group is primarily into domestic trading of
various spices, pulses, food grains and oil seeds.
Spices like red chilli, cumin seed, coriander, black
pepper and oilseeds like mustard seeds & soyabeans
are main trading items.
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