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India among biggest buyers of land in the world

Last updated on: May 7, 2012 14:07 IST

India among biggest buyers of land in the world

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The increase in the price of agricultural commodities was accompanied by a rise in media reports of huge transnational farmland acquisitions.

Commentators were soon referring to "land grabbing", or to a new "global land rush", according to a report.

So, let's take a look at countries engaged in land acquisitions around the world.

Source: Business Insider.

Click NEXT to see how much land India is buying in foreign countries...


Photographs: Joe Skipper/Reuters
Tags: India

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India

Total hectares bought: 5,420,209 (about 13.4 million acres)

Big purchase: 4.9 million acres in Indonesia by Tata Power for agriculture

Global rank: 1

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Photographs: Eric Feferberg/Pool/Reuters

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China

Total hectares bought: 5,354,502 (about 13.2 million acres)

Big purchase: 25,000 acres in Cambodia by the Phou Mady Investment Group for forestry

Global rank: 2

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Photographs: Aly Song/Reuters

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The United States

Total hectares bought: 4,136,973 (about 10.2 million acres)

Big purchase: 900,000 acres in Indonesia by BHP Billiton for agriculture

Global rank: 3

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Photographs: Bret Hartman/Reuters

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Malaysia

Total hectares bought: 3,397,607 (about 8.4 million acres)

Big purchase: 710,000 acres in Indonesia by Sime Darby Berhad for agriculture

Global rank: 4

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Photographs: Bazuki Muhammad/Reuters

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The United Kingdom

Total hectares bought: 3,008,472 (about 7.4 million acres)

Big purchase: 1.7 million acres in the Philippines by NRG Chemicals for agriculture

Global rank: 5

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Photographs: Andrew Winning/Reuters

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South Korea

Total hectares bought: 2,696,297 (about 6.7 million acres)

Big purchase: 1 million acres in Cambodia by Kapa Limited for unspecified purposes

Global rank: 6

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Photographs: Jo Yong-Hak/Reuters

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Italy

Total hectares bought: 2,614,792 (about 6.5 million acres)

Big purchase: 4.9 million acres in Indonesia by an unknown investor for agriculture

Global rank: 7

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Photographs: Stefano Rellandini/Reuters
Tags: , Indonesia , India

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Israel

Total hectares bought: 2,388,000 (about 5.9 million acres)

Big purchase: 4.9 million acres in the Democratic Republic of Congo by an unknown investor for agriculture

Global rank: 8

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Photographs: Nir Elias/Reuters

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The United Arab Emirates

Total hectares bought: 2,277,856 (about 5.6 million acres)

Big purchase: 4.2 million acres in Sudan by Al Ain National Wildlife for tourism

Global rank: 9

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Photographs: Ahmed Jadallah/Reuters

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Saudi Arabia

Total hectares bought: 2,204,132 (about 5.5 million acres)

Big purchase: 675,000 acres in the Philippines by Eastern Renewable Fuels Corp. for agriculture

Global rank: 10

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Photographs: Ali Jarekji/Reuters

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Australia

Total hectares bought: 1,547,616 (about 3.8 million acres)

Big purchase: 880,000 acres in Indonesia by BHP Billiton Limited for agriculture

Global rank: 11

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Photographs: Mick Tsikas/Reuters

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Sweden

Total hectares bought: 1,434,700 (about 3.5 million acres)

Big purchase: 350,000 acres in Mozambique by Global Solidarity Forest Fund for forestry

Global rank: 12

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Photographs: Bob Strong/Reuters
Tags: , Mozambique , India , Sweden

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Canada

Total hectares bought: 1,329,793 (about 3.3 million acres)

Big purchase: 960,000 acres in Australia by Alberta Investment Management Corp. for forestry

Global rank: 13

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Photographs: Mark Blinch/Reuters

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South Africa

Total hectares bought: 1,231,034 (about 3 million acres)

Big purchase: 870,000 acres in Benin by an unknown investor for agriculture

Global rank: 14


Photographs: Euroluftbild.de/Reuters

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