Last Update

2015-07-18T00:00:00.000Z

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Wrong Ramakrishna Karuturi?

Mr. Ramakrishna Karuturi

Managing Director

Karuturi Networks Limited

Direct Phone: +91 **********       

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Karuturi Networks Limited

Bangalore, Karnataka

India

Company Description

Karuturi sells its products to boutique manufacturers and supermarkets across 15 countries namely Holland, Germany, United Kingdom, Italy, Singapore, Taiwan, Bahrain, Muscat, Dubai, Australia, Japan, New Zealand, Brunei and across North America. The co ... more

Find other employees at this company (17)

Background Information

Affiliations

Honorary Counsel of Ethiopia
Bangalore

Education

Gitam Institute of Foreign Trade

Bachelor's degree

Computer Engineering

Bachelors' degree

Mechanical Engineering

Bangalore University

Bachelors’ degree

Mechanical Engineering

Bangalore University

Founder & MD Karuturi Global

MBA

Case Western Reserve University

MD of Karuturi Networks

business degree

Bangalore University

engineering degree

Bangalore University

Web References (200 Total References)


» Economy

lissanonline.com [cached]

In 2008, Karuturi became the first Indian company to lease 300,000 hectares of land [an area larger than Luxembourg], in Gambela, for the production of wheat which is to be exported to its home country.

...
"My business is the third wave of outsourcing," Sai Ramakrishna Karuturi, the 44-year-old managing director of Karuturi Global, said at the company's dusty office in the western town of Gambella.
...
Monsoon Capital of Bethesda, Maryland, and Boston-based Sandstone Capital are among the shareholders of Karuturi Global, Karuturi said. The company is also the world's largest producer of roses, with flower farms in India, Kenya and Ethiopia.
One advantage to starting a plantation 50 kilometers (31 miles) from the border with war-torn Southern Sudan and a four- day drive to the nearest port: The land is free. Under the agreement with Ethiopia's government, Karuturi pays no rent for the land for the first six years. After that, it will pay 15 birr (U.S. $1.18) per hectare per year for the next 84 years.
More Elsewhere
Land of similar quality in Malaysia and Indonesia would cost about $350 per hectare per year, and tracts of that size aren't available in Karuturi Global's native India, Karuturi said.
Labor costs of less than $50 a month per worker and duty- free treaties with China and India also attracted Karuturi Global, he said. The $100 million projected annual profit will come from the export of food crops, including corn, rice and palm oil, he said. The company also is plowing land on a 10,900- hectare spread near the central Ethiopian town of Bako.
...
Karuturi said his company pays its workers at least Ethiopia's minimum wage of 8 birr, and abides by Ethiopia's labor and environmental laws.
...
In June 2009, the Indian company Karuturi took up intensive farming here. The harvest will be exported to Asia and Europe.
Eleven months ago, Hanumantha Rao moved 4,800 km away from his home to supervise the growing of maize, rice and vegetables for the Indian company Karuturi.
...
Karuturi, the world's largest producer of cut roses, had decided to diversify its activities into agribusiness. The rise in global food prices, which peaked around mid-2008, makes it a very promising sector for investment.
...
Karuturi, whose headquarters is in Bangalore, is actually mainly interested in rice.
...
What was growing here before, on the land now cultivated by Karuturi? "Not much," according to the manager.
...
The country has already registered 1,311 projects, the largest being the 300,000 hectares leased to Karuturi.


India Joins Scramble for African Farmlands

www.egyptiangreens.com [cached]

Speaking to Bloomberg, Sai Ramakrishna Karuturi, founder and head of Karuturi Global Ltd., said: "We have to be very, very cognisant of the fact that we are dealing with people who are easily exploitable," adding that the company will create up to 20,000 jobs and has plans to build a hospital, a cinema, a school and a day-care centre in the settlement.

"We're going to have a very healthy township that we will build. We are creating jobs where there were none," he said.


karuturi.com - Board of Directors

www.karuturi.com [cached]

Sai Ramakrishna Karuturi

...
Sai Ramakrishna Karuturi
Managing Director
Sai Ramakrishna Karuturi is the Founder and Managing Director of Karuturi Global Ltd. Under his dynamic leadership, Karuturi Global has become the world's largest producer of cut-roses by identifying Kenya & Ethiopia as a hub for cultivation and export of roses.
...
Mr. Sai Ramakrishna Karuturi holds a Bachelors’ degree (Rank Holder) in Mechanical Engineering from Bangalore University and an MBA (Dean’s Honor) from Case Western Reserve University, Ohio.
...
Ms. Karuturi has been involved in managing the company since its inception. She aids Mr. Sai Ramakrishna Karuturi in realising Karuturi Global's overseas expansion plans.
Ms. Karuturi holds a Bachelor's degree in Computer Engineering.


Business Leaders in Action: Sai Ramakrishna Karuturi | IGD Blog

blog.igdleaders.org [cached]

Business Leaders in Action: Sai Ramakrishna Karuturi Business Leaders in Action: Sai Ramakrishna Karuturi | IGD Blog

...
Business Leaders in Action: Sai Ramakrishna Karuturi
...
By investing in Ethiopia, Sai Ramakrishna Karuturi set the scene for his rise to become the "Rose King," the world leader in rose production. He founded Karuturi Global in 1994 in Bangalore, India and in 2003 expanded his business to take advantage of floriculture opportunities in Ethiopia. Today, Karuturi Global is a top 25 transnational agribusiness. Karuturi is currently expanding his business into cereals, oils and processed foods, with the goal of becoming a complete agriculture production company.
Karuturi Global focuses on having a positive impact on the lives of its employees. The company ensures its employees have good living conditions with electricity and water, healthcare, and free primary and secondary education for each of its 5,000+ employees and their families. In 2008 every student from employee families finished secondary school and over 70% of students went on to college. As the company expands, Karuturi is focusing on ensuring environmental and socio-economic sustainability.
Karuturi brings valuable agricultural experience to the Frontier 100 group of CEOs. His remarkable success in African agriculture has contributed to the development of IGD's agriculture strategy and Karuturi has shared his expertise and experience to make Frontier 100 develop into a valuable knowledge sharing and relationship building platform. Karuturi is currently working with Frontier 100 to improve investor perceptions of Africa and showcase success stories.


Speakers - Investing in a perfect Storm

events.vccircle.com [cached]

Sai Ramakrishna Karuturi - Managing Director Karuturi Global Limited

He has Visited U.S.A., Germany, Singapore, Canada, Australia, Japan, United Kingdom and other countries for Academic and Business pursuits in the field of Agricultural exports
Having agricultural Background he is thorough with progressive agricultural practice and marketing. He has participated in Agritech '1994 , 1997, 2000 an agriculture exposition in Israel and studied available technology and accepted marketing techniques for the flower trade extensively. He has also participated in the annual Aalsmeer Flower trade show from 1996 to 2003 and the annual AGUA NTV show at Holland during 1996 to 2003

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