Indian firms sprawling land empire in Ethiopia fails to ensure food security back home
Source: www.ibnlive.com Indian firms have a sprawling land empire abroad, especially in Ethiopia, as part of a move encouraged by different governments to safeguard the nation's food supply. But is the policy truly succeeding in helping feed over a billion Indians? Erratic weather in India repeatedly causes a scare about low food stocks and rising inflation. As agricultural productivity in India has significantly come down, many Indians are looking to Africa, particularly Ethiopia, buying large tracts of agricultural land to safeguard food supply. Indian firms have a sprawling land empire abroad, especially in Ethiopia, as part of a move encouraged by different governments to safeguard the nation's food supply. #Ethiopia #food price #food security #India According to the global land monitoring agency Land Matrix, India is the biggest investor in land in Ethiopia, accounting for 70 per cent of the land acquired by foreigners since 2008. Firms from India hav