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Business of Agriculture Magazine: Saba Industries

Business of Agriculture Magazine (India) interviews Saba Industries Group Founder and Chairman Malini Saba.

Ms. Malini Saba

Publication:           Business of Agriculture Magazine

 

Headline:                Saba Industries

 

Language:              English

 

Edition:                   National

 

Page No:                 20, 21 & 22nd

 

About the Publication:

A Magazine on Business and Management of Agriculture. From a business standpoint, an agri-magazine dedicated at innovations and technology; the ‘business of agriculture’ – inputs, produce and post-harvest – will form the core of the magazine.

The Business of Agriculture
magazine interacted with
Asia’s emerging philanthropist,
Ms Malini Saba, a self-made
businesswoman, who has
helped millions of underserved
women, farmers and children in
South and Southeast Asia, South
America, Africa and the US. In
this interview, she provided us
with the insights of her company
and she is planning to expand her
business in India.

By Mandeep Kaur *

Please tell us about your journey of becoming a $1.5 billion company.
Our journey started 26 years ago. We started as an investor, and then we entered into a commodity business. Initially, we started this business with iron ore only and then slowly, we expanded our business into other metals and agriculture. During this journey, we endured failures, but with a sheer determination, we pulled ourselves out of it.

How did you conceive the idea of starting this company?
I wanted to work for myself. I had the vision to make enough to be comfortable and not to be dependent on anyone for income. Also, I have a passion for agricultural commodities, such as rice, and natural resources because they are essential for human existence. Being an entrepreneur, both success and failure are on your lap, but it is a fact that there is no success without failure. It is because of the hurdles and failures you learn the basics to build a true business on a solid foundation.

20 • Business of Agriculture | January-February 2019 • Vol. V • Issue 1

Put some light on your agriculture business model?
Agriculture is a very important sector as far as the food is concerned. This sector is very much dependent on Mother Nature, but it is that era where we can master the skills and perform well. As per our model, we work with the farmers and the distributors. We strongly believe that it is very important
to empower the farmers we work with because they are the ones, who feed the world. We provide infrastructure and technology to the farmers to enable them to increase their production. The less time they spend on the field harvesting, the quicker they can sell their product; and therefore, they can reinvest their time and money in the next crop. This also helps to improve crop production as well as crop yield.

Saba Industry is exporting 5,00,000 tons of rice worldwide. 
Please tell us about other agriculture commodities that you are trading.
In addition to rice, we also operate in palm oil, cashew and wheat businesses.

We use the same model for all the products.

Saba Industries is going to invest $100 million in the rice sector of India and Thailand. Why have you chosen India for this and what do you think would be the major challenges in this sector?
Agriculture is the most important sector of the Indian economy because India has a huge and vast agriculture space. India is known as a breadbasket and it is the world’s largest producer of pulses, rice, wheat, spices and other agriculture products. We feel that investing in India’s agriculture sector would help to streamline the system. One of the things we discovered in India is that the drying capacity is quite limited despite the presence of a number of mills. So, we are planning to install large dryers with good operational capacities. Also, our plan is to export rice by partnering with local farmers. Working with us would help farmers to have a quick turn-around from planting to harvest.

Agriculture
is the most
important
sector of the
Indian economy
because India
has a huge and
vast agriculture
space.

I think one of the major challenges would be to gain the trust of the farmers. Other than this, in countries like India, transportation and warehousing are the major challenges in the agriculture sector.

Saba Industries, the global exporter of agricultural commodities, is planning to enter warehousing and drying space in India’s rice sector. From which region of India, are you planning to start your first phase and what are your expansion plans?

We are planning to start our first phase in Uttar Pradesh. After Uttar Pradesh, we are planning to replicate the same model in Andhra Pradesh, West Bengal and other states over the next 18 to 24 months.

 

Will you be partnering with the Indian farmers as you did in other south-east Asian countries? How will you support farmers?

Yes, the only way to do this business is to partner directly with the farmers. We have various methods for doing this and it will depend on the farmer’s needs in particular states. We are aware that we will be working with farmers with different cultural backgrounds, we respect the cultural norms in each area and we also understand that we need to work within those perimeters.
We are planning to support farmers in India with free farm equipment and fertilisers. We will work on a model where we will procure their rice and we will get it processed at local mills.

What made you create success stories in these countries?

We have had a huge success in Cambodia and Vietnam. We followed practices like, we started by studying the terrain as we use to do before we embarked on any new jurisdiction. In these countries, we interacted with the local farmers and allowed them to educate us to understand their needs. After understanding their requirements, we provided necessary help and infrastructure to the farmers, because of which, they had a higher yield, better crops, and shorter harvest times.

Business of Agriculture | January-February 2019 • Vol. V • Issue 1 • 21

What has been the impact of your business model on the lives of farmers?
We help farmers to have better livelihoods. As per our agriculture model, we are partnering with the local farmers, so they directly get money from us. Our model also helps to reduce their debts. We identify all the possible reasons/causes of the farmer’s debts. We either try to help them settle their debts or enable them to have a better yield to make them self-sufficient.
Saba group encourages women to find opportunity in everything.

What are you doing for gender equality in the workplace and what do you think needs to be done?
We try to hire as many women as possible. We also encourage women employees to take further studies to better themselves to be able to earn more. We provide basic infrastructure to help them such as; our offices have childcare facilities, where women can bring their children along with them to the workplace. This way they don’t feel stressed and they can work better.
I feel women should be paid equally to men. I also believe that hiring a woman employed in management can bring a different balanced perspective to the work environment.

What was the idea behind starting a Saba family foundation? Please tell us about its vision.
Saba Family Foundation (SFF) began soon after I made my first million. I strongly believe in giving back to society. Moreover, I also have a special corner for women and

As per our
agriculture
model, we are
partnering
with the local
farmers, so they
directly get
money from us.

children. I grew up in a time when women were not holding high positions in work and there were very few entrepreneurs. SFF fought for women’s legal rights and health rights. We believe that if you help a woman you help the community and the nation.

She will always find a way to feed her baby. We were aware that education is the key; therefore we wanted to work with the partners who could enable women by educating them. At present, we are working with partners to push mandates and policy on bullying. This goes across gender as well as children in workplaces, schools and inside homes.

What is the global sentiment for commodity business?
The commodity sector was a hit in the past years and I believe it will further rise in the coming years.

What is the growth percentage of Saba Industries?
Over the last three years, our growth rate has been 33 percent. Let’s hope we keep that up!

Please tell us about your future vision.
We are aiming to bring technology to the agriculture sector. I believe, in future, the technology will have a great impact on the ways the crops are being produced. It will also improve the efficiency and the yield potential. Technology will bring a new revolution in the agriculture sector, as we have already witnessed this in the past. The agriculture sector is emerging with the help of technology and it will continue to get better and more improved over the years to come.

22 • Business of Agriculture | January-February 2019 • Vol. V • Issue 1

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Malini Saba’s Sprawling Mansion Is A Vintage Beauty With Unparalleled Luxury

Malini Saba’s Sprawling Mansion Is A Vintage Beauty With Unparalleled Luxury
The 13,000 sq ft mansion was redesigned where three different architectural influences from Samodh Palace, French Palace, and the English manor from Jane Austen’s Pride and Prejudice were compiled together.

They say some houses have a saga to tell but Malini Saba, founder of Saba Industries and Saba Family house has a tale that you would love to decode on your own. Nestled in nine acres of land in Monaco, this mansion is the perfect example of elegance and unparalleled luxury.

Build in the 1980s the moment Saba laid her eyes on this house, she knew that her search of three years has finally come to an end.

The opulence of the 1800 style along with the center courtyard instantly made it the perfect place for her. The 13,000 sq ft mansion was redesigned where three different architectural influences from Samodh Palace, French Palace, and the English manor from Jane Austen’s Pride and Prejudice were compiled together.

As tricky as it may sound but amalgamating these three cultures turned surprisingly beautiful.

“Everyone was weary of my taste but it turned out to be everything I wanted,” says Saba, recalling the moment. An ardent philanthropist who has worked for various humanitarian causes, her house consists of six bedrooms, seven bathrooms, a study with winding staircase and wall to wall bookshelves.

Be it a pool house or a mini-golf course, everything has been made keeping the minutest details in mind.

The stunning chandelier hanging from the ceiling of the living and dining room, and the fine gold engravings on the wall are a perfect example of how to engage design exquisitely with surroundings. Every room in Saba’s house takes you to a different part of the world, bringing our wanderlust on the surface.

While you have a theme inspired by the French court donning one part of the house, the television room imports you to the land of Rajasthan with lower settings. Every bedroom is different, while one is all about Japan and cherry blossoms, another is all about Cambodian theme with colors from religious monument Angkor Wat.

Saba has a small mandir (prayer room) in the east side of the house.

“It is very important for me to always incorporate that aspect into the home. The vibe of the house has a lot to do with energy and Feng Shui,” she says.

While every corner has a charm of its own, Saba has a soft side for the library.

“It’s where I can play my favourite music and cuddle my little one while I read or talk. When my family cannot find me in the home they can always find me in the library,” she laughs.

4 Gadgets Every Entrepreneur Must Try

4 Gadgets Every Entrepreneur Must Try
Priyadarshini Patwa
ENTREPRENEUR STAFF
Features Editor, Entrepreneur India

You’re reading content from Entrepreneur India, an international franchise of Entrepreneur Media.

Gadgets are what we strive on.  There is no one in the world who isn’t invested in the latest technology. CES 2019 just gave us a glimpse of what present and future of smart ecosystem will be all about. Like it or not, technology is here to conquer all our space, the more you try to stay away from it, the more it seeps into the gaps digging its root deeper into our lives. And honestly, at times gadgets do make the life of an Entrepreneur a lot easier.

The technologically advanced gadgets at times help us rescue from various situations. Entrepreneur India brings you a list of four gadgets that these entrepreneurs swear by. They not just are fun to use but even helps in processing your work faster. So get set go and check out these gadgets that are here to make your life a little better and easier.


Huawei Mate 20 Pro

Source: Huawei

Don’t we all love upgrading our phones? With so many options in the market, it is often difficult to make a pick. But making it easier for you is Rohit Sahni, Director, WK Life who swears by Huawei Mate 20 Pro phone. What makes this phone an apt buy from a work point of view is its processor and camera and hands down to its other features.

“I got The Huawei Mate 20 Pro phone 15 Days back from Hong Kong, It has actually become my favourite Gadget today. I can share my battery with my friend through Wireless charging i.e. I can charge my phone through this phone. It has got Dot projector in the front which is very useful for me because I can make a 3D model of any of my product. It has the feature of creating many user accounts and private spaces. This is a really cool phone that I got after so long and using really expensive phones,” says Rohit Sahni.

Powered by octa-core processor, this phone comes with 8GB of RAM. The highlight is its fastest charging in the world and comes with a 50 Watt charger. The phone packs 128GB of internal storage that can be expanded up to 256GB. As far as the cameras are concerned, the Huawei Mate 20 Pro packs a 40-megapixel (f/1.8) primary camera and a 20-megapixel (f/2.2) secondary camera on the rear and a 24-megapixel front shooter for selfies.

“They were more people for this phone then Apple phone in CES, you can imagine what magic this phone is doing all over the world,” he adds.


Hyundai Mobis

Source: Hyundai Mobis

Looking for something that somewhere displays future of vehicular touchscreens? Hyundai Mobis is the next big thing on the block.

“I liked the new self-driving. Hyundai Mobis they have come up with. I love it because you cannot take the wheel in the Mobis because there is no wheel to take — just a sleek, streamlined dashboard — which is one way the cars can reduce the number of road-rage incidents and extended middle fingers. Isn’t that cool?

The Car recognizes your facial expressions, so if you’re angry, happy or sad, it changes the ambience of the vehicle. I thought this was a great touch. Can you also believe that  It reads other drivers’ and passengers’ emotions as well, so if they are agitated or sleepy, the vehicle automatically detects it? These days with so much road rage on the roads this kind of car could stop a lot of accidents and deaths,” says Malini Saba, Founder, Saba Industries and Saba Family Foundations.


The iPad Pro

Source: Apple

The thing with Apple and its products are that it always makes it to the list.

“Being a young entrepreneur, venturing into an existing family business, it became very difficult to incorporate technology into a not-so-tech friendly environment. The iPad Pro is one device that has made life very simple. From scribbling daily reminders to framing new ideas, the iPad Pro with the Apple Pencil gives me the ability to have all the things I have ever noted into a form factor that is as slim as a personal diary. With its simple pickup and use features, it makes you feel like actually using pen and paper. For me the best technology is the one which aids your working with the least learning curve, the iPad Pro is just that,” recommends Yashraj Bhatia, Director, Tintech Led Lights


The Eve Light Strip

Source: Evehome

Who doesn’t like some smart living? The Eve Light Strip is something that might grab your attention for sure.

“I have always been interested in getting my hands on new and upcoming tech gadgets. One of the gadgets that caught my eye this year was The Eve Light Strip that was displayed at the International Consumer Electronics Show. The Eve Light Strip is a LED strip, which connects to the home Wi-Fi and hence can be controlled from various sources wirelessly, including most of the Apple gadgets like iPhone, Apple TV, Apple watch, etc. The thing that I like most about The Eve Light Strips is the full-spectrum of lighting it offers with thousands of different colours and tones. It perfectly sets the lighting to the mood and surroundings. It catches commands in a just a flash via Siri, which makes it super convenient and ideally hands-free. I would recommend this product to everyone for a sleek lighting finish and the ease by which it is accessible,” Sargam Dhawan, Director, DAFNI India.

MALAYSIA’S SABA TO INVEST $100 MLN IN INDIA AND THAILAND RICE SECTOR

MALAYSIA’S SABA TO INVEST $100 MLN IN INDIA AND THAILAND RICE SECTOR

11/22/2018 7:28:00 AM (GMT)

MALAYSIA’S SABA TO INVEST $100 MLN IN INDIA AND THAILAND RICE SECTOR

Malaysian rice and other commodities manufacturer Saba Industries announced that it plans to inject $100 million in the rice sector in India and Thailand, as it plans to export the staple by partnering with local farmers.

The company plans to enter warehousing and drying space in India’s rice sector. The Kuala  Saba Industries plans to establish approximately 10 warehouses in Uttar Pradesh and as many dryers with an aim to dry 1,000 tonnes rice per day.

For the first 2 to 3 years, the company intends to target Uttar Pradesh, partnering with the farmers there. It intends to support the farmers in India with farm equipment and fertilizers for free and procure their rice and get it processed at local mills.

Farm equipment will help farmers plant and harvest paddy faster. In the first place, Saba Industries is probing at exporting 20,000 to 25,000 tonnes of rice, particularly Basmati, per month.

See link here: https://www.investsize.com/en/malaysias-saba-to-invest-%24100-mln-in-india-and-thailand-rice-sector

Suryaa: Saba Industries to invest $100 mn in rice sector in India, Thailand

Suryaa: Saba Industries to invest $100 mn in rice sector in India, Thailand

International | Written by : IANS| Updated: Wed, Nov 21, 2018, 11:12 PM 


Malaysia-based Saba Industries Chairman and CEO Malini Saba on Wednesday said the privately-held company will invest $100 million in the rice sector in India and Thailand, as it plans to export the staple by partnering with local farmers.

“We are looking at a $100 million investment between Thailand and India. And based on how much more money we need to pump in, we will do that in the next phase. We plan to start our first phase in Uttar Pradesh,” Saba told IANS during her visit to India.

The global exporter of agricultural commodities plans to enter warehousing and drying space in India’s rice sector. The Kuala Lumpur-based firm will set up about 10 warehouses in Uttar Pradesh and as many dryers with an aim to dry 1,000 tonnes rice per day.

“In the initial 2-3 years, we plan to focus on Uttar Pradesh, partnering with the farmers there. As we did in other south-east Asian countries, we plan to support the farmers in India with farm equipment and fertilisers for free and procure their rice and get it processed at local mills.

“To start with, we are looking at exporting 20,000 to 25,000 tonnes of rice, particularly Basmati, per month. We have a ready clientele in the US, Middle East and other parts of the world,” Saba said.

Farm equipment will help farmers plant and harvest paddy faster, she said.

The founder of the $650-million company also deals in mining of iron ore and gold.

“Transportation and warehousing are the major challenges in the agriculture sector in most countries like India. One of the things we discovered in India is that the drying capacity is quite limited despite the presence of a number of mills. We plan to get in large dryers with capacities ranging from 10,000 to 20,000 tonnes a month,” she said.

After Uttar Pradesh, the company will replicate the model in Andhra Pradesh and West Bengal and later to other states to scale up its operations in India.

See link here: https://www.suryaa.com/59551-saba-industries-to-invest-100-mn-in-rice-sector-in-india-thailand.html

Daijiworld: Saba Industries to invest $100 mn in rice sector in India, Thailand

Daijiworld: Saba Industries to invest $100 mn in rice sector in India, Thailand

Wed, Nov 21 2018 08:14:27 PM


New Delhi, Nov 21 (IANS):
 Malaysia-based Saba Industries Chairman and CEO Malini Saba on Wednesday said the privately-held company will invest $100 million in the rice sector in India and Thailand, as it plans to export the staple by partnering with local farmers.

“We are looking at a $100 million investment between Thailand and India. And based on how much more money we need to pump in, we will do that in the next phase. We plan to start our first phase in Uttar Pradesh,” Saba told IANS during her visit to India.

The global exporter of agricultural commodities plans to enter warehousing and drying space in India’s rice sector. The Kuala Lumpur-based firm will set up about 10 warehouses in Uttar Pradesh and as many dryers with an aim to dry 1,000 tonnes rice per day.

“In the initial 2-3 years, we plan to focus on Uttar Pradesh, partnering with the farmers there. As we did in other south-east Asian countries, we plan to support the farmers in India with farm equipment and fertilisers for free and procure their rice and get it processed at local mills.

“To start with, we are looking at exporting 20,000 to 25,000 tonnes of rice, particularly Basmati, per month. We have a ready clientele in the US, Middle East and other parts of the world,” Saba said.

Farm equipment will help farmers plant and harvest paddy faster, she said.

The founder of the $650-million company also deals in mining of iron ore and gold.

“Transportation and warehousing are the major challenges in the agriculture sector in most countries like India. One of the things we discovered in India is that the drying capacity is quite limited despite the presence of a number of mills. We plan to get in large dryers with capacities ranging from 10,000 to 20,000 tonnes a month,” she said.

After Uttar Pradesh, the company will replicate the model in Andhra Pradesh and West Bengal and later to other states to scale up its operations in India.

See link here: https://www.daijiworld.com/news/newsDisplay.aspx?newsID=539632

Outlook India: Saba Industries to invest $100 mn in rice sector in India, Thailand

Outlook India: Saba Industries to invest $100 mn in rice sector in India, Thailand
THE NEWS SCROLL21 NOVEMBER 2018  Last Updated at 7:12 PM | SOURCE: IANS

New Delhi, Nov 21 Malaysia-based Saba Industries Chairman and CEO Malini Saba on Wednesday said the privately-held company will invest $100 million in the rice sector in India and Thailand, as it plans to export the staple by partnering with local farmers.

“We are looking at a $100 million investment between Thailand and India. And based on how much more money we need to pump in, we will do that in the next phase. We plan to start our first phase in Uttar Pradesh,” Saba told during her visit to India.

The global exporter of agricultural commodities plans to enter warehousing and drying space in India’s rice sector. The Kuala Lumpur-based firm will set up about 10 warehouses in Uttar Pradesh and as many dryers with an aim to dry 1,000 tonnes rice per day.

“In the initial 2-3 years, we plan to focus on Uttar Pradesh, partnering with the farmers there. As we did in other south-east Asian countries, we plan to support the farmers in India with farm equipment and fertilisers for free and procure their rice and get it processed at local mills.

“To start with, we are looking at exporting 20,000 to 25,000 tonnes of rice, particularly Basmati, per month. We have a ready clientele in the US, Middle East and other parts of the world,” Saba said.

Farm equipment will help farmers plant and harvest paddy faster, she said.

The founder of the $650-million company also deals in mining of iron ore and gold.

“Transportation and warehousing are the major challenges in the agriculture sector in most countries like India. One of the things we discovered in India is that the drying capacity is quite limited despite the presence of a number of mills. We plan to get in large dryers with capacities ranging from 10,000 to 20,000 tonnes a month,” she said.

After Uttar Pradesh, the company will replicate the model in Andhra Pradesh and West Bengal and later to other states to scale up its operations in India.

mgu/shs/sed

See link here: https://www.outlookindia.com/newsscroll/saba-industries-to-invest-100-mn-in-rice-sector-in-india-thailand/1425573

An iron fist in a velvet glove

An iron fist in a velvet glove

Thursday, December 20, 2018

Malini Saba, philanthropist and founder of a global commodities company, tells Menka Shivdasani that a woman can have everything and still finds ways to be herself.

When Malini Saba visits Mumbai in January 2019 to open her new office for Saba Industries and Saba Family Foundations, she will bring with her a remarkable blend of tough-as-nails business acumen and philanthropy.

When she was in her early 20s, the Malaysian-born youngster horrified her parents—one an engineer, the other a teacher—by saying that she wanted to go into business. Her Indian mother and Sri Lankan father saw this as a risky choice but she knew that being self-employed was the “only way to secure yourself” and not be dependent on others.

She began the process by getting into investments, mainly in the technology space, before she founded Saba Industries. Today, though she is not yet 50, her group of privately-held commodities companies trades in rice, exporting 5,00,000 tons of it worldwide; it also deals in the wheat, palm oil and cashew nuts businesses. In addition, Saba Industries operates in ethical iron ore and gold mining, ship breaking and hospitality. As Chairman and CEO of the company, she has 2,600 employees globally and the number will rise when she brings her business to India.

In the previous financial year itself, the collective revenue exceeded $500 million—enough to sustain her other passion, which is the Saba Family Foundations, an umbrella organisation for her philanthropic works that encompass healthcare, education and human rights. She is clear that she will fund these ventures through her own earnings, rather than try to raise money elsewhere, “because otherwise you will have to go in the direction the other person wants; it won’t be your vision as an individual”.

Her goal is to help people around the world gain access to basic healthcare, provide education and opportunities that allow them to break the cycle of poverty, and educate people on human rights issues. Her particular passion, however, is women’s rights, especially legal ones, and she wanted the bandwidth to pursue this enough to make a difference.

The foundation has undertaken numerous projects, including partnering with Stanford Medical Center to train physicians from developing countries; distributing preventative health information on HIV/AIDS, immunisations, gastric and reproductive health; providing vocational education for women in Togo, West Africa; and supporting human rights issues around the world. In 2017, she also founded UpCara, a nonprofit within the Saba Family Foundations that provides access to preventative healthcare and human rights for at-risk women throughout their lives, with a special focus on older women’s health issues.

When Ms Saba brings both ventures to India in January, it will be the culmination of a two-year process where she and her team have already been building relationships. “Opening the office will just mean cementing the process,” she says. Mumbai will be the base, but her team will work with farmers across the country.

“We are looking at a $100 million investment between Thailand and India,” a news report in November quoted her saying. The firm plans to set up 10 warehouses in Uttar Pradesh and an equal number of dryers with an aim to dry 1,000 tonnes rice per day and export 20,000 to 25,000 tonnes of rice, particularly Basmati, per month.

It wasn’t easy, of course, getting to this point. Working in the technology space in the 1990s—certainly a male-dominated area at the time—she decided to go into the “alpha male” world of commodities, and discovered that a woman in business had to know when to be tough (“bitchy” is the word she uses). She also found that in the philanthropy space, she could let the human side emerge, and be herself—”like finding the yin and yang”.

“I tell women that they should have iron fists in velvet gloves,” says the entrepreneur, who learned that while a businesswoman has to be strong when required, she can “still be the lady who pushes to achieve what she wants”. She was in her late 30s by the time she achieved this balance, learning to manoeuvre her way through all the “deep potholes” she faced.

One bitter truth she learned was “never to trust anyone, because it’s each man for himself out there”. She also realised that while today, MBAs and Harvard degrees might make you part of the crème de la crème, none of these really matter when it comes to the crunch. “You don’t need degrees, you need knowledge,” she says, and clearly she has more than enough of that!

As we speak over a WhatsApp call, she keeps apologising for the cats in her office. “They want to have their say as well,” she laughs. It turns out that for all her talk of being tough and bitchy, she runs an office space where the many women she employs can be comfortable. People bring their animals, and their children to work, and Ms Saba herself has three cats and her dog joining her. “We eat together, the animals are here; the children are here, they can do their homework… I realised that women, especially when they are moms, feel guilty when they are working, but they must realise that women can have careers and be moms, whether there is a man in the picture or not.”

In fact, she believes that women should not rush into marriage, and even when they do tie the knot, they should ensure that the man is the sort who will enhance their growth. “We are in a different age. It’s a two-way street. It’s not your role to enhance a man’s career; he must do the same for you,” she says.

Ms Saba herself had many ups and downs in her personal life, because few men were strong enough to understand her needs as a businesswoman. Then, at 40, she met someone and had a child; she was delighted it was a girl. Through all the pressures of running her business, shuttling between Monaco and London, she has found time to cook and eat with her daughter, Danica. “Cooking is one of my biggest passions,” she says. “I find it therapeutic.” Her own favourite is crab curry, while Danica’s is pasta. With Danica’s encouragement she has even written a cookbook, The Abbreviated Cook, with quick and easy recipes that offer a twist on traditional South and Southeast Asian dishes.

No wonder Malini Saba believes that a woman can be everything she wants. “I can choose to be like Priyanka Chopra or Deepika Padukone,” says the self-made businesswoman. “Or I can be like Margaret Thatcher and Hillary. As a woman, you can choose to be both!”

“Women, especially when they are moms, feel guilty when they are working, but they must realise that they can have careers and be moms, whether there is a man in the picture or not.”

– Malini Saba

 Click this image to see the original press release.

Sify Finance: Saba Industries to invest $ 100 million in rice sector in India, Thailand

Sify Finance: Saba Industries to invest $ 100 million in rice sector in India, Thailand

Source : Last Updated: Thu, Nov 22, 2018 11:20 hrs

A woman winnows rice in a field on the outskirts of Ahmedabad, India November 10, 2017. REUTERS/Amit Dave

New Delhi: Malaysia-based Saba Industries Chairman and CEO Malini Saba on Wednesday said the privately-held company will invest $100 million in the rice sector in India and Thailand, as it plans to export the staple by partnering with local farmers.

“We are looking at a $100 million investment between Thailand and India. And based on how much more money we need to pump in, we will do that in the next phase. We plan to start our first phase in Uttar Pradesh,” Saba told IANS during her visit to India.

The global exporter of agricultural commodities plans to enter warehousing and drying space in India’s rice sector. The Kuala Lumpur-based firm will set up about 10 warehouses in Uttar Pradesh and as many dryers with an aim to dry 1,000 tonnes rice per day.

“In the initial 2-3 years, we plan to focus on Uttar Pradesh, partnering with the farmers there. As we did in other south-east Asian countries, we plan to support the farmers in India with farm equipment and fertilisers for free and procure their rice and get it processed at local mills.

“To start with, we are looking at exporting 20,000 to 25,000 tonnes of rice, particularly Basmati, per month. We have a ready clientele in the US, Middle East and other parts of the world,” Saba said.

Farm equipment will help farmers plant and harvest paddy faster, she said. The founder of the $650-million company also deals in mining of iron ore and gold. “Transportation and warehousing are the major challenges in the agriculture sector in most countries like India.

One of the things we discovered in India is that the drying capacity is quite limited despite the presence of a number of mills. We plan to get in large dryers with capacities ranging from 10,000 to 20,000 tonnes a month,” she said.

After Uttar Pradesh, the company will replicate the model in Andhra Pradesh and West Bengal and later to other states to scale up its operations in India.

See link here: http://www.sify.com/finance/saba-industries-to-invest-100-million-in-rice-sector-in-india-thailand-news-agriculture-slvtqMeiiibhe.html

Maeeshat Business: Saba Industries to invest $100 mn in rice sector in India, Thailand

Maeeshat Business: Saba Industries to invest $100 mn in rice sector in India, Thailand

Posted by: Maeeshat.in in CommoditiesCommodities NewsCommodity MarketEconomyInvestingMarketsNews November 21, 2018 0

New Delhi : Malaysia-based Saba Industries Chairman and CEO Malini Saba on Wednesday said the privately-held company will invest $100 million in the rice sector in India and Thailand, as it plans to export the staple by partnering with local farmers.

“We are looking at a $100 million investment between Thailand and India. And based on how much more money we need to pump in, we will do that in the next phase. We plan to start our first phase in Uttar Pradesh,” Saba told IANS during her visit to India.

The global exporter of agricultural commodities plans to enter warehousing and drying space in India’s rice sector. The Kuala Lumpur-based firm will set up about 10 warehouses in Uttar Pradesh and as many dryers with an aim to dry 1,000 tonnes rice per day.

“In the initial 2-3 years, we plan to focus on Uttar Pradesh, partnering with the farmers there. As we did in other south-east Asian countries, we plan to support the farmers in India with farm equipment and fertilisers for free and procure their rice and get it processed at local mills.

“To start with, we are looking at exporting 20,000 to 25,000 tonnes of rice, particularly Basmati, per month. We have a ready clientele in the US, Middle East and other parts of the world,” Saba said.

Farm equipment will help farmers plant and harvest paddy faster, she said.

The founder of the $650-million company also deals in mining of iron ore and gold.

“Transportation and warehousing are the major challenges in the agriculture sector in most countries like India. One of the things we discovered in India is that the drying capacity is quite limited despite the presence of a number of mills. We plan to get in large dryers with capacities ranging from 10,000 to 20,000 tonnes a month,” she said.

After Uttar Pradesh, the company will replicate the model in Andhra Pradesh and West Bengal and later to other states to scale up its operations in India.

—IANS

See link here: http://www.maeeshat.in/2018/11/saba-industries-to-invest-100-mn-in-rice-sector-in-india-thailand/

 

WebIndia123: Saba Industries to invest $100 mn in rice sector in India, Thailand

WebIndia123: Saba Industries to invest $100 mn in rice sector in India, Thailand
New Delhi | Wednesday, 2018 7:45:04 PM IST
Malaysia-based Saba Industries Chairman and CEO Malini Saba on Wednesday said the privately-held company will invest $100 million in the rice sector in India and Thailand, as it plans to export the staple by partnering with local farmers.”We are looking at a $100 million investment between Thailand and India. And based on how much more money we need to pump in, we will do that in the next phase. We plan to start our first phase in Uttar Pradesh,” Saba told IANS during her visit to India.

The global exporter of agricultural commodities plans to enter warehousing and drying space in India’s rice sector. The Kuala Lumpur-based firm will set up about 10 warehouses in Uttar Pradesh and as many dryers with an aim to dry 1,000 tonnes rice per day.

“In the initial 2-3 years, we plan to focus on Uttar Pradesh, partnering with the farmers there. As we did in other south-east Asian countries, we plan to support the farmers in India with farm equipment and fertilisers for free and procure their rice and get it processed at local mills.

“To start with, we are looking at exporting 20,000 to 25,000 tonnes of rice, particularly Basmati, per month. We have a ready clientele in the US, Middle East and other parts of the world,” Saba said.

Farm equipment will help farmers plant and harvest paddy faster, she said.

The founder of the $650-million company also deals in mining of iron ore and gold.

“Transportation and warehousing are the major challenges in the agriculture sector in most countries like India. One of the things we discovered in India is that the drying capacity is quite limited despite the presence of a number of mills. We plan to get in large dryers with capacities ranging from 10,000 to 20,000 tonnes a month,” she said.

After Uttar Pradesh, the company will replicate the model in Andhra Pradesh and West Bengal and later to other states to scale up its operations in India.

–IANS mgu/shs/sed

( 350 Words)

2018-11-21-19:12:33 (IANS)

See link here: https://news.webindia123.com/news/Articles/Business/20181121/3477673.html

Yahoo News: Saba Industries to invest $100 mn in rice sector in India, Thailand

Yahoo News: Saba Industries to invest $100 mn in rice sector in India, Thailand

 Indo Asian News Service


New Delhi, Nov 21 (IANS) Malaysia-based Saba Industries Chairman and CEO Malini Saba on Wednesday said the privately-held company will invest $100 million in the rice sector in India and Thailand, as it plans to export the staple by partnering with local farmers.

“We are looking at a $100 million investment between Thailand and India. And based on how much more money we need to pump in, we will do that in the next phase. We plan to start our first phase in Uttar Pradesh,” Saba told IANS during her visit to India.

The global exporter of agricultural commodities plans to enter warehousing and drying space in India’s rice sector. The Kuala Lumpur-based firm will set up about 10 warehouses in Uttar Pradesh and as many dryers with an aim to dry 1,000 tonnes rice per day.

“In the initial 2-3 years, we plan to focus on Uttar Pradesh, partnering with the farmers there. As we did in other south-east Asian countries, we plan to support the farmers in India with farm equipment and fertilisers for free and procure their rice and get it processed at local mills.

“To start with, we are looking at exporting 20,000 to 25,000 tonnes of rice, particularly Basmati, per month. We have a ready clientele in the US, Middle East and other parts of the world,” Saba said.

Farm equipment will help farmers plant and harvest paddy faster, she said.

The founder of the $650-million company also deals in mining of iron ore and gold.

“Transportation and warehousing are the major challenges in the agriculture sector in most countries like India. One of the things we discovered in India is that the drying capacity is quite limited despite the presence of a number of mills. We plan to get in large dryers with capacities ranging from 10,000 to 20,000 tonnes a month,” she said.

After Uttar Pradesh, the company will replicate the model in Andhra Pradesh and West Bengal and later to other states to scale up its operations in India.

–IANS

mgu/shs/sed

See link here: https://in.news.yahoo.com/saba-industries-invest-100-mn-rice-sector-india-134203073.html

Business Standard: Saba Industries to invest $100 mn in rice sector in India, Thailand

Business Standard: Saba Industries to invest $100 mn in rice sector in India, Thailand

IANS  |  New Delhi Last Updated at November 21, 2018 19:15 IST


Malaysia-based Industries Malini on Wednesday said the privately-held company will invest $100 million in the sector in and Thailand, as it plans to export the staple by partnering with local farmers.

“We are looking at a $100 million investment between and  And based on how much more money we need to pump in, we will do that in the next phase. We plan to start our first phase in Uttar Pradesh,” told IANS during her visit to 

The global exporter of agricultural commodities plans to enter warehousing and drying space in India’s sector. The Kuala Lumpur-based firm will set up about 10 warehouses in Uttar Pradesh and as many dryers with an aim to dry 1,000 tonnes per day.

“In the initial 2-3 years, we plan to focus on Uttar Pradesh, partnering with the farmers there. As we did in other south-east Asian countries, we plan to support the farmers in India with and fertilisers for free and procure their rice and get it processed at local mills.

“To start with, we are looking at exporting 20,000 to 25,000 tonnes of rice, particularly Basmati, per month. We have a ready clientele in the US, and other parts of the world,” Saba said.

will help farmers plant and harvest paddy faster, she said.
The founder of the $650-million company also deals in of iron ore and gold.
“Transportation and warehousing are the major challenges in the agriculture sector in most countries like India. One of the things we discovered in India is that the drying capacity is quite limited despite the presence of a number of mills. We plan to get in large dryers with capacities ranging from 10,000 to 20,000 tonnes a month,” she said.

After Uttar Pradesh, the company will replicate the model in and and later to other states to scale up its operations in India.

–IANS
mgu/shs/sed
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
See link here: https://www.business-standard.com/article/news-ians/saba-industries-to-invest-100-mn-in-rice-sector-in-india-thailand-118112101076_1.html

First Published: Wed, November 21 2018. 19:12 IST

Interview with Malini Saba – A Strong Woman

Interview with Malini Saba – A Strong Woman

Interview with Malini Saba – A Strong Woman

By Alexa Wong

When you come across a strong woman, you’ll know it the moment she enters the room. That was Malini. I knew it was her the moment she walked into the café.  She gave off a vibe of self confidence that anyone could spot from a mile away.

I met Malini, in a coffee shop downtown London. She was nice enough to give me time. She was in town on a business trip.

She sat down and we began the interview.

Here are 9 things I walked away with after talking with her:

1)   She takes time to self-care.

One of the less obvious keys to success is the self-love and self-care, because without those, a successful woman knows she is already up the creek.  You must take care of the person in the mirror first. You cannot get to the next point if you don’t nurture yourself along the journey.

2)   She is not afraid to stand on her own.

She believes a strong woman does not need anyone standing in front, behind or beside her to get things done. They set their goals, figure out how to achieve them, and then get after it.  You have to fight battles, tame dragons and walk through fire if you have too.

3)   She does not make excuses.

Malini believes that no matter her life circumstances, she rises with the tides and does whatever she needs to in order to make it to shore. She has never let her mind get in the way of her success, because she knows that she is more than capable of achieving what she wants.  Excuses get in the way of results, and she knows she cannot have both.

4)   She does not waste time complaining.

One can either complain and let yourself be a victim, or you can rise above your challenges and be a warrior. We have to simply get back up and try again and refuse to let petty life problems get in the way. She feels complaining only drains her energy, so she chooses to put her energy into something useful and create something out of nothing.

5)   She chooses to challenge herself.

When you get too comfortable, you stop growing, she says.  It’s important to always keep yourself learning to try new things and expand your knowledge and skill sets.

6)   She stays on top of finances.

We all go through tough times and hard times.  I have certainly had my share, Saba states. Sometimes we may have even start all over again. She says she has had to do that.  However, you cannot let it keep you down. We have to make sure we are on top of our finances. We must always take care of no 1 first, regardless if you are married or not. You must keep money aside for that rainy day. Her advice, Governments change and markets shift and we must be ready for that.

7)  She keeps an open mind.

She believes while strong women tend to have strong opinions and beliefs about things, they also keep and open mind and learn from others. A strong woman is able to be sorry, forgive and move ahead. A strong woman can accept when she is wrong.

8)  She helps everyone around her.

Another facet to success that most people don’t think about is lifting others up around you. After all, what good is a win if you don’t have a team to help you celebrate.  She believes that its important to always help others even if it’s in the smallest way. Giving back is what all of us are here to do.

9)  She stands her ground.

A strong woman never shy away from a problem. She will stand her ground and face it head on.

My one hour with Malini turned to a four, hour conversation. She was one of the most attentive, charismatic, and genuine person I have had the pleasure to interview. She made eye contact through the four, hour conversation. She was like an everyday person with huge success while keeping to her humble beginnings. It was a privilege to meet her.

I will end with a quote from Malini,

“’If my strength intimidates you. I hope you realize that’s a weakness of yours.’”

Gentry Hall of Fame Award Announced

Gentry Hall of Fame Award Announced

FOR IMMEDIATE RELEASE:

Gentry Hall of Fame Award Announced


London, UK – 11 Nov., 2017 – In recognition of her extraordinary gifts to philanthropic community and beyond, Malini Saba has been awarded the title Philanthropist of the Year 2017.

This is to recognize her on-going, prodigious charitable work and giving. It is important to remember that this generous leader is continuing at a staggering rate. We applaud her efforts and hold her as a model for giving on a grand scale.

Media Contact:
Wendy Tanaka
Sitrick And Company
+1(415) 369-8447

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