One day after Valentine’s Day, there’s news of a deal that’ll make the global Indian takeover come out smelling of roses. Next Valentine’s Day, when lovers and spouses gift roses across the world, chances are that most of those flowers will have an Indian imprint.

That is because Karuturi Networks, a little-known Bangalore company, is making a big move in the $80-billion floriculture space which will make it the largest rose grower in the world. It is close to acquiring Hollandbased Sher, the world’s largest producer and supplier of roses for $40 million. Sher’s greenhouses in Holland, Kenya and Ethiopia produce 600 million roses annually.