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Top US walnut producer eying India's booming market

PTI

Hughson, US

With India's market for walnut showing strong demand, top American producer and processor Alpine Pacific Nut Co., Inc has shown confidence in doubling its exports to India this year.

"We are excited about the possibilities in India regarding California walnuts," John Mundt, owner of Alpine Pacific Nut Co., Inc. Said.

"We feel India has a lot of untapped potential with regards to the population size as well as the desire for people to start eating what is considered a healthy diet/life style," Mundt told PTI in this Californian prosperous city.

"We are hoping to double our volume this year may be to 30 container loads," he said.

India allowed California walnuts to be shipped to the country in 2013.

He also noted that people in countries like China and India who have entered the middle class and have money to spend were increasingly consuming walnuts, which is good for health.

"People are just eating healthier in general," he said.

Alpine Pacific Nut, which has a 500 acre farm in California's fertile Central Valley, and a state-of-the-art processing plant, mainly sells inshell walnuts that are packed in 50-pound sacks that are then either hand shelled in India or sold inshell to local markets.

"We are working with a handful of local importers who have been able to help us navigate the markets. Since this is fairly new market for California Walnut suppliers its very important to have some good contacts in India who know the local markets and can gain new markets for us," Mundt said.

He also noted that like any new markets it will take time to develop the Indian market and this could take a few years.

"But so far we are liking the potential (of the Indian market)," he said.

At the same time, he said that price is always the determining factor in exports.

"We see pricing this year as very favorable and this could help increase our volume to India," he said.

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Egyptian President Abdel Fattah el-Sisi to Visit India on Wednesday

The Goan Network
Published Oct 26, 2015, 12:00 AM IST
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PTI New Delhi Egyptian President Abdel Fattah el-Sisi will visit India on Wednesday to attend the third India-Africa Forum Summit where he would also highlight his country's keenness on boosting bilateral ties, a presidential spokesperson said today. "Sisi appreciates the close historical bilateral relations between the two countries. Both countries are interested in developing the relations and build on it," presidential spokesperson Alaa Youssef said in a release. "Egypt's…

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