Malini Saba – A Psychologist and Businesswoman

Business is just not an understanding of numbers but actually an understanding of people and their motivation.

– By Chandran Iyer

Malini Saba is a self–made businesswoman, an ardent philanthropist and a force to be reckoned with. Ms. Saba embodies the concept of using business to serve humanity. Her eminent group of Commodities Company deals in rice, iron ore mining, wheat, palm oil, cashew nuts, and gold. Saba Industries exports 500,000 tons of rice worldwide. The company’s iron ore is used to make steel and its gold is used for jewelry and technology products. In 2017, Saba Industries had revenues of more than $500 million and employed 2,000 local workers. Saba Industries is a prime example of her stratagem of using business to serve humanity. Functioning in the agriculture and mining industry, the group hires local talents and helps them achieve economic stability. The CSR arm of the group, Saba Family Foundation, has given access to life-saving medical and educational services to millions of disadvantaged people across South and Southeast Asia, Australia, Africa, India, and the Middle East. The foundation is an extension of Ms. Saba’s philanthropy and aims to help at least one billion people to gain access to basic health care, education, and opportunities which allow them to break the cycle of poverty and illiteracy.
Excerpts from the interview:
Give us an overview of yourself.
I have a lovely family and a very supportive family. I am a psychologist and business is my passion. Business is just not an understanding of numbers but actually an understanding of people and their motivation. Life is not about degrees, life is about believing in your dream and taking opportunities that come your way and moving aggressively in the direction to make your dream a reality.

I started in business at a young age of 20. I have been working my whole life as I worked and put myself through school and college. I don’t come from a privileged life. I worked hard for everything and am still working hard.

Gosh, my typical day starts at 4 am. I wake up and light the lamps for prayer in the home with mantras. Then I tend to my business calls, make my daughter’s fresh hot lunch for school and her breakfast. Get myself dressed, drop her off and off to work. Management of time is critical to make your day productive. I manage my time well. Because it is critical for me I have most time with my child whenever I am not traveling for work. I believe the hardest and most rewarding job in the world is being a parent.

How did Saba Industries and Saba Family Foundation happen?
Saba Industries came about 26 years ago. I wanted to work for myself. It has evolved into this large group. It began with investments and later in Commodities. I believe we should all do what we love. Never focus on money. If you focus on money it will never come into your hands.

Woman Entrepreneur Separator

I love the commodity space. The Saba Foundation came about 18 years ago (about 2001) when I felt it was time to set it up. I wanted to be able to create a space where we could give back to the communities we worked in and also help women and children. This is my focus, I believe women are the future. We must give them opportunity to excel and the rest will follow.

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?
I think there are challenges in any field. I never see things as challenges. I see them as experiences. I think challenge is a negative word. India is a huge bread basket. We picked India because it was the next move for us as a company. I don’t see challenges in this sector. We have been doing it for over 20 years and understand the space and are ready for all the necessary work that has to go in when we go into a new country.


What were the challenges you faced as a Woman entrepreneur and how did you overcome those?

Gosh, where do I start? Being an entrepreneur is one thing, but being a woman in this space is another. I started at a time when there were not many women in business. That too young women. I had to raise funds, people never believing I was able to do what I said I could do. Through the years I faced failure three times. The third time was the hardest. The markets fell and it was a disaster. But we pulled ourselves out of it. The only way to overcome hurdles and failure is to pull yourself back up and find another way to make it work. You cannot give up and let fear ever take over. I am not afraid of failure and I do believe that is the first thing any entrepreneur should learn. Through failure, you can have success. Anyone who says they have never failed in life, I feel is not being honest.

Not just farming: 10 upcoming and promising careers in agriculture

Organic food is the next big thing and this sector foresees a huge trend.

 

Indian economy is heavily dependent on agriculture and the demand for a professionally trained workforce is strident. The days of thinking of agriculture as toiling in the hot sun with returns at subsistence level are over as technology and scientific inputs have made the process less dependent on manual labour.

1. Agricultural engineering is a field that helps in designing and building farm equipment. Farming activities are bettered by using efficient machining and manufacturing processes.

2. Horticulturists are much in demand to maintain nurseries, greenhouses, plantations and orchards. Organic food is the next big thing and this sector foresees a huge trend.

3. Dairy technology includes production of milk and milk products and packaging, storing and distributing the same.

4. Poultry farming is a lucrative career choice. It involves raising poultry, managing sheds, feed supply, and quality control.

5. Pisciculture or the science of fisheries is also a growing field. The candidate focuses on the methods of breeding, rearing and maintain marine health in non-natural environment. Transportation and distribution is also a part of the career aspects.

6. Agronomists or soil scientists are responsible for maintaining and improving soil quality, fertility, preparing seedbeds, improving sowing methodology and management of soil moisture. Judicious use of insecticide and pesticides is also a part of the job.

7. Agricultural economics is the application of the broad principles of economics in the industry as a whole. Professionals are expected to monitor price and market trends, export and import, consumer preferences and returns on investment opportunities.

8. Agri-business management involves handling activities related to bridging farming and non-farming sectors to create seamless trade environment. Manufacture, storage, distribution and marketing agro products in non-agro channels is the challenge.

9. Agricultural Bio-technology is a nascent field where genetic engineering is married to molecular diagnostics, vaccines and tissue culture to modify plants to make them better adapted and high yielding. It may help in preventing disease and improving food processing capability.

10. Agricultural analysts are in demand for their capability to provide technical advice on economic trends, plan and design reinsurance accounts and help in developing new products.

The scope is endless as the agriculture industry is still in a maturing phase and new technological advancements will open new vistas for the youth to build careers on.

Read more: Make your career in agriculture: Here’s how to be a farmer


Authored article by Malini Saba, Founder, Saba Industries and Saba Family Foundations

Original article may be found here Home

 

Make your career in agriculture: Here’s how to be a farmer

Start a career in agriculture!

 

 
 

Food security is the prime focus of any nation. The issues faced by farmers are multi-faceted and extensive. It’s all about arming the farmers with skills and resources to empower them to create a new era in food production.

Technology is the medium that will help farmers improve their production and create better and cost effective avenues to financial freedom.

The crux of the solution is that there needs to be a provision for infrastructure and technology to enhance farm production.

The cycle becomes less arduous and time consuming, enabling the farmer to improve profitability by reducing turnaround time.
The way forward is to partner directly with the farmers themselves. This will require an understanding of regional differences and the spectrum of needs that the individual farming community of a state may have.

The aim is to support the farmer with free farm equipment, seeds and fertilizer. The entire production of the crop grown by the farmer should be processed locally. The processed food should then be exported world-wide. The elimination of multiple middle men will improve the earnings of the farmer. There will be major challenges in the diverse Indian market.

The basic issue the agriculture behemoth will face is gaining the trust of the farmer. Once the farmer trusts the process the roadmap to a financially secure agricultural business will be ready for implementation. The infrastructural requirements like logistics and warehousing will also pose a big challenge.

The government along with companies that have a demonstrated history of creating millions of success stories in the domain of farming should work together to change the Indian agricultural realm. The rich cultural and agricultural heritage of the country will be strengthened by this initiative.

Authored article by Malini Saba, Founder, Saba Industries and Saba Family Foundations.

Original article from India Today is seen on Homehere.

Investsize: Malaysia’s Saba To Invest $100 Mln In India And Thailand Rice Sector

11/22/2018 7:28:00 AM (GMT)
 

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

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

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

21 NOVEMBER 2018  Last Updated at 7:12 PM | SOURCE: IANS

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

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

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

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.

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

 

Published on 22/11/2018 8:59:55 AM | Source: IANS

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

 
Posted in Industry News| #India #Industry #Rice #Investment #Malaysia

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://investmentguruindia.com/IndustryNews/Saba-Industries-to-invest-100-mn-in-rice-sector-in-India-Thailand

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

Sify.com Finance Agriculture – 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

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

 


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/