MUMBAI: The country’s biggest banana exporter, Desai Fruits and Vegetables (DFV), is all set to invest most of Rs 60 crore on infrastructure facilities at Navsari, near Gujarat, it raised from Pune-based Deepak Fertilisers and Petrochemicals for a 49% stake.

The firm has been seeing a huge demand from Europe and the US, where demand for Indian fruits is growing significantly . Besides firming up plans to upgrade and expand its coldstorage units, sorting machines and packaging facilities, DFV has been actively considering to rope in more than 2,500 farmers in Navsari for contract-farming practices to take up total production to 3 lakh tonne from the current 60,000 tonne of premium banana.

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