Further, owing to realistic pricing, the company attracted least anti-dumping duty of 6.28 per cent from the US authority as against 200 to 250 per cent duty on other exporters mainly from China andIndonesia. In January 1998, American mushrooms producers had filed an anti-dumping case against imports from China, Indonesia, Chile and India and the American authority is now reassessing the import pricing of each company basis. The managing director also disclosed that his company would soon hike its production capacity by 5,000 tonnes every year to a total 30,000 tonnes by the year 2002 in order to meeting the growing demand for mushrooms world over. The total cost of Rs 7 crore will be funded through internal accruals.

The world production and consumption of mushrooms is about two million tonnes every year and the US itself imports about 1,00,000 tonnes out of the world trade of about 5,00,000 tonnes a year. The Agro Dutch foods is a 100 per cent export-oriented unit in joint sector with Punjab Agro Industries Corporation holding 31 per cent, promoters holding 36 per cent and public holding 31 per cent to manufacture and export of canned white button mushrooms. In the first nine months of thecurrent fiscal year, the company earned a net profit of Rs 3.76 crore on sale turnover of Rs 29.11 crore. Singh informed that he and his family are in the process of buying out the entire equity held by the Punjab Agro Industries Corporation to increase the promoter's stake to 68 per cent.The company at present accounts for 70 per cent of the exports of mushrooms from the country, produces a case of mushrooms for $12, the lowest in the world and has also attracted the lowest anti-dumping duty of 6.28 per cent imposed by the US Department of Commerce. In the first nine months of the current fiscal, the company registered a net profit of Rs 3.76 crore on sales turnover.