Ethiopia: Karuturi Denies Plan to Share Land With Indian Farmers

Karuturi Agro Products Plc had refuted reports that the company subleased farm land to Indian farmers, claiming instead that the Indian farmers were hired solely for consultancy services.

Karuturi had leased 300,000ht of farmland from the Ethiopian government in Bako, western Gambella region, 251 km southwest of Addis, for a period of 50 years in 2009. The company currently operates on 100,000ht from the land it had leased.

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