July 25, 2024

GWS5000

Make Every Business

Innoterra partners NABARD arm to develop farmer clusters

Innoterra has signed an MoU with NABFOUNDATION, the subsidiary of NABARD, to establish farmer clusters by means of its goods and services. The two entities aim to engage with more than 5,000 Farmer Producer Organisations (FPOs) focusing on to serve about a single lakh smallholder farmers in pick out clusters more than the subsequent two a long time by means of a selection of services that will maximize farm incomes more than 3-5 a long time.

The MoU was signed by Sanjeev D Rohilla, CEO, NABFOUNDATION and Pablo Erat, Chairman, Innoterra System Companies. “This is an vital partnership for NABFOUNDATION as it will permit our FPOs and smallholder farmers to entry a host of services offered by Innoterra system. Innoterra’s services are critical to permit superior industry entry, digitalization, traceability of generate, branding and distribution guidance for our farmers, thus supporting them maximize their cash flow multi-fold,” Rohilla mentioned.

“We are privileged to associate with NABFOUNDATION – it is a main milestone to our motivation to uplift smallholder farmers. We are psyched to open up up our hello-tech and higher-touch system to the FPOs in NABFOUNDATION’s extensive network, permitting us to jointly produce a superior upcoming for the Indian farmers,” Pablo Erat mentioned.

Innoterra, erstwhile Revolutionary Ventures, has already linked additional than 100,000 farmers to its hello-tech and higher-touch system division, which presents 360-degree services encompassing farm inputs, info-pushed advisory, traceability and industry entry to smallholder farmers in India.