Chief Operating Officer
Successfully led a 50:50 joint venture between Agristo N.V. group Belgium and Masa Global ( Wave Group ) to form a company engaged in Potato Processing to manufacture Dehydrated Potato Flakes , Frozen French Fries and Frozen Potato Specialties . Agristo N.V. is a top 5 Global major in Potato processing with a turnover of close to Euro 600 Million in 2020-21. This is their first venture outside of their home territories of Belgium and Netherlands.The process driven by me included identification of the partners , getting them to agree to a joint venture , forming a company with all approvals , preparing the Detailed Project reports , getting the necessary governmental and RBI approvals to FDI . Post the approvals , acquisition of Land for the manufacturing facility , funding through both Indian and Overseas banks , necessary licences and clearances for the Consent to Establish a manufacturing facility . Critical to this project was obtaining an EPCG license to import equipment at 0 % duty which was facilitated by me .Parallelly for the las 4 years built on scale of commercial Potato farming of special varieties to feed this business . This is singularly the largest entry barrier to new entrants in the Potato processing business in India .