A tripartite agreement has been recently signed between Kiremko, HyFun Foods, and Rabobank Netherlands to establish a potato flake line for HyFun Foods in Mehsana, Gujarat, India. This collaboration highlights a significant step towards enhancing food manufacturing processes in the region.
The agreement, signed during the Vibrant Gujarat Global Summit – 2024 event, involved key stakeholders Haresh Karamchandani, managing director of Asandas and Sons Pvt, who owns the HyFun Foods brand, Paul Oosterlaken, managing director of Kiremko as the supplier of potato processing technology, and Hajo Cijfer, executive director of Rabobank Netherlands for financing the project. This strategic partnership aims to not only create a new potato flake line but also generate sustainable employment opportunities for local communities, thereby fostering positive environmental impacts.
HyFun Foods, known for their expertise in exporting processed vegetables and fruits, recently launched a new initiative called HyFarm. This program focuses on agricultural produce procurement and building strong partnerships with farmers. By 2030, HyFarm aims to enlist 30,000 farmers into its network and expand procurement to include various types of potatoes beyond processing-grade varieties. The company is set to reach a procurement target of one million tonnes by 2028, accentuating their commitment to supporting farmers and promoting sustainable agriculture.
Haresh Karamchandani, managing director and CEO of HyFun Foods, emphasized the collaborative nature of the HyFarm initiative, stating, “Through HyFarm, we are not only investing in the future of farming but also in the prosperity of rural communities. Fresh produce is the cornerstone of HyFun Foods’ success, and through this initiative, we aim to strengthen our commitment to sourcing high-quality ingredients while empowering farmers and promoting sustainable agriculture.”
This collaboration between Kiremko, HyFun Foods, and Rabobank Netherlands represents a significant milestone in the food manufacturing sector, showcasing a dedication to innovation, sustainability, and community development.
