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Article

12 Nov 2013

Author:
Raghuvir Badrinath, Business Standard

Karuturi's African safari shows signs of wilting [India]

…According to recent reports, as a result of the financial troubles which Karuturi Global is under, it has not been able to pay salaries to employees at its expansive rose farms….However, Karuturi has refuted the charges stating that Kenya Planters and Agricultural Workers Union officials have advised their members to reject the salaries….the company…has been facing allegations of land grab. Human Rights Watch (HRW…had earlier raised a red flag on corporates from India expanding in Ethiopia…Karuturi, on its part said that the report is biased and does not reflect the truth on the ground.