Bafnais the third spice company from Kochi to have set up an operationin the southeast Asian nation to guarantee supplies for its clients.
Sincemost of the importers rely on Vietnamese pepper, maintaining a basehere will help, said Jojan Malayil, the Chief Executive Officer ofBafna.
Another leading Kochi-based spice companyVallabhdas Kanji also has its operations based in Vietnam . Thecompany’s subsidiary VKL Vietnam was set up only a few years ago.
India ’s Jayanthi Group and the US-based Harris Freeman& Company are also processing and marketing spices in Vietnam .
Vietnam , which is the world’s largest producerof pepper, exported nearly 135,000 tonnes of pepper worth 348 millionUSD in 2009, according for half the global market./.