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New Group, headquartered in Switzerland, brings together Syngenta AG, ADAMA and agricultural activities of Sinochem

 

 

Syngenta Group Co. Ltd., announced on Thursday the official launch of Syngenta Group, a new global leader in agricultural science and innovation. Under a single entity, it unites the strengths of Syngenta AG, headquartered in Switzerland, ADAMA, based in Israel, and the agricultural businesses of Sinochem, based in China. The new entity, headquartered in Switzerland, has 48,000 employees in more than 100 countries, and had sales of US$23 billion in 2019.

From its inception, Syngenta Group is the global market leader in crop protection, the global number three in seeds, the market leader in fertilizer in China and, with its Modern Agriculture Platform (MAP) Farmer Solution Centres, the leading agriculture services provider in China. It offers comprehensive agronomic solutions and digital agricultural services. With 15 key production sites the Group has strong capacity to supply farmers with the solutions they need. The Group’s mission is to deploy scientific innovations, technologies, and services to help farmers sustainably provide the world with better food, feed, fiber and fuel, while conserving resources and protecting the environment.

The new Group places a high value on ethics and integrity, seeking to create value for all its stakeholders – farmers, employees, suppliers and society. “Our sustainability as an enterprise depends on the health of the soil and the environment as a whole,” said Fyrwald. “We measure our success not just by our business performance, but by the benefits we bring to farming and the environment.”

The people of Syngenta Group are sharply aware that today’s farmers face a wide range of challenges, including climate change, soil degradation, plant diseases and the urgency to achieve greater sustainability and biodiversity. The Group’s businesses offer the tools required to address these challenges – enabling them, despite weather extremes, to grow better crops reliably and economically and to feed the world safely, sustainably and with respect for the planet. 

The Group’s approach is embodied in its Good Growth Plan, in which its commitment to the Sustainable Development Goals of the United Nations is firmly anchored. In late June 2020, Syngenta Group will announce its new Good Growth Plan. This will be the Group’s first major initiative after its launch and will address the shifting challenges faced by farmers around the world and society’s changing expectations of agricultural technology and sustainability.

 

 

 

New Group, headquartered in Switzerland, brings together

Australia, R&D

Company receives patent approval from Australia and notice of allowance from the U.S. 

Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a leader in science-based approaches to enhancing the quality and nutritional value of crops and food ingredients, announced on Thursday the Australia Patent Office has granted the company a foundational patent covering herbicide tolerance in wheat. Patent Number 2016288257 grants intellectual property protection for mutations to the wheat genome to make it herbicide tolerant. The company also received a U.S. Notice of Allowance 15/740,876 from the U.S. Patent and Trademark Office for the same technology. Australia and the United States are the first major wheat-producing countries to approve the patents, with additional patents pending in other key wheat markets. 

“This technology will serve as the foundation for future innovation in herbicide tolerance in wheat,” said Randy Shultz, Ph.D., chief technology officer at Arcadia Biosciences. “With additional research, this technology could also open the door to development of a highly efficient hybrid wheat production system, which would transform the wheat industry.” 

Arcadia is currently soliciting potential licensing partners for its herbicide tolerant wheat technology. “This technology can be an important tool in the hybrid breeding toolkit for the right wheat innovator” added Sarah Reiter, chief commercial officer at Arcadia.

 

Company receives patent approval from Australia and

Foodgrains

Resultant surge in the cultivated land area resulted in an increased yield of around 120 million tonnes.

There is much to rejoice for the India paddy farmers as this year’s monsoon has been abundant and the government has increased the buy price of the new-season crop. Keeping in view the excellent rainfall and government’s hike in price for the crop, farmers have increased the acreage of paddy cultivation. 

B.V. Krishna Rao, President of India’s Rice Exporters Association is of the view that there will be a resultant surge in the cultivated land area and an increased yield of around 120 million tonnes. Domestic rice prices could dampen, while exports will become more competitive as Thailand and Vietnam were unable to meet the export demands due to a crunch in their supplies. 

Farmers are growing rice in more acreage thanks to abundant monsoon and government’s increased buy price for new-season crop. The revised increase in price for the new-season rice is an increase by 2.9 percent and will fetch farmers a handsome remuneration. India is the world’s largest rice producer and cultivated record high of 117.94 million tonnes of rice in 2019-20.  

With the monsoon already touching down in the country’s southern and eastern parts of the rice cultivating regions, farmers have commenced with the planting of the summer-sown crop. Farmers are planting more rice after receiving a much needed fillip by way of good rainfall and a marked increase in exports, according to Nitin Gupta, VP of Olam India’s rice business.

 

 

Resultant surge in the cultivated land area

Agro chems – Fertilizers, Schemes - Govt

Govt is yet to release fertilizer subsidy dues of ₹48,000 crores in FY 20- 21 

 

 Although the arrival of southwest monsoon has makes the farm sector looks rosy, but however the government is still not able to meet up the growing subsidy demand on fertilizers. After the centre decides to ban on 27 fertilizers, the manufacturers of these chemicals, especially urea, are in deep trouble.

 If we look at the subsidy structure, the year 2020-21 began with subsidy dues of ₹48,000 crores.

As per the business line reports, the Centre reduced the amount in February contrary to the expectations of an increase in allocation in the Budget for fertilizer subsidy to meet the pending dues. It was ₹71,309 crore vs. ₹79,996 crores in the previous year, say reports. 

Satish Chander, Director General, Fertiliser Association of India, urges the government to release the pending subsidy payments to relieve the industry from working capital stress. The industry association is asking for additional allocation of ₹50,000 crore besides the amount provided in the Budget (₹71,309 crore).

 As per reports, about ₹75,000-80,000 crore is the required amount for fertilizer subsidy. In the Union Budget, the Finance Minister does provide for that amount. However, that amount is still not completed yet when the requirement is growing higher each year.

Govt is yet to release fertilizer subsidy

Agro chems – Fertilizers, E-commerce

The plant is expected to produce 3,850 metric tonnes of urea and 2,200 metric tonnes of ammonia per day 

 

 

The commercial production of fertilizers at the Ramagundam Fertilizers and Chemicals Limited (RFCL) had started from June 15, tentatively, following the completion of pre-commissioning works and trial run of the newly installed plant with technologies from Denmark and Italy for the production of Ammonia and Urea. 

Though the RFCL had planned to start production from March 31, it was delayed due to the lockdown from March 22. Sensing the importance of fertilizers for the farming community, the Union Home Ministry had exempted the RFCL from the lockdown in the month of April and directed the authorities to resume the pending works and commissioning of the project by strictly adhering to the social distancing norms, wearing of masks and use of sanitizers etc. 

Similarly, the State government had also accorded permission to the RFCL for the execution of the pending works to start the commercial production of fertilizers to meet the demand of the farmers during the ensuing kharif season under the brand name of ‘Kisan’ fertilizers. The RFCL is expected to produce 12.7 lakh metric tonnes of fertilizers annually out of which 6 lakhs metric tonnes is allocated to Telangana State.

 RFCL was taken up as a joint venture by the National Fertilizers Limited (NFL) and Engineers India Limited (EIL), both holding 26 percent  equity each, the Fertilizer Corporation of India (FCI) and the Telangana government have 11 percent  shares each, Gas Authority of India limited (GAIL) owns 14.3 percent and the HTAS consortium owns 11.7 percent  share.

The Union government had taken up the revival of the closed FCI unit at Ramagundam as the RFCL and incorporated it on February 17, 2015, as a gas-based urea manufacturing plant. The foundation stone for the revival of the plant, at an estimated cost of Rs. 6,120 crore, was laid by Prime Minister Narendra Modi on August 7, 2016. 

The plant is expected to produce 3,850 metric tonnes of urea and 2,200 metric tonnes of ammonia per day. The godowns to store 20,000 MT of ammonia and 40,000 MT of urea are under construction. The State government is supplying 40 MWs of power, 0.5 tmc ft of water from Sripada Yellampalli project and two million standard cubic meters per day gas from KG Basin. 

Following the government orders, RFCL Executive Director Rajan Thappar and General Manager Vijay Kumar Bangar and other officials had ensured the safety of the labour force and the employees while discharging their duties by maintaining physical distance and wearing of masks and also while commissioning of the plant. The RFCL has around 750 regular staff and another 2,000 outsourced employees.

The plant is expected to produce 3,850

Agro Universities, Live Stock

It is useful for farmers in arid regions as green fodder for the livestock .

 

The Indian Council of Agricultural Research’s Central Arid Zone Research Institute, Jodhpur, Rajasthan has come up with a new fodder crop, Fodder Beet, a plant that produces tubers of an average weight of 5 to 6 kgs. This is in response to the farmers’ need in arid regions who find it challenging to procure green fodder for the livestock due to the harsh environment in the region.

Fodder Beet has the potential to profitably produce more than 200 tonnes per hectare in four months with poor quality of water as well as soil.  It takes less than 50 paise to produce one per kilogram of biomass and the crop has a water use efficiency of 28-32 kg green biomass per cubic metres of water which is quite high. This crop is available extensively throughout the year even  between January and April when there is a dip in the availability of other fodder crops. 

According to reports, no major diseases and pests have been reported. However, Quinalphos powder (1.5 per cent) at the rate of 25 kg per hectare can be applied before sowing to control soil-borne insects. Feeding trials on Tharparkar cattle have shown 8 to 10 per cent improvement in milk yield.  

 

It is useful for farmers in arid

AgroPolicy, Supply Chain

Around 11,315 quintal vegetable seeds were provided to various districts.

Despite the nationwide lockdown due to Covid-19 farmers in Himachal Pradesh have fared really well in cultivation of off-season vegetables like tomato, green peas, beans, cabbage,Cauliflower, potato and cucumber.

While the region is conducive to agricultural activity, the synergistic efforts of the state’s farmers and governmental initiatives have paid off with a reported yield of 6.82 lakh quintals comprising Peas, cauliflower and other off-season vegetables despatched to neighbouring states.

The state’s Agriculture Department deployed effective marketing and communication strategies to help fetch competitive prices for the farmer’s produce. Leveraging the newly launched Kisan Rath app, farmers, Farmer Producer Organizations, FPOs and traders across the country were able to communicate effectively without any supply chain disruptions despite the lockdown.

Using the app, major transport aggregators and individual transporters could register their vehicles and cater to the needs of farmers and traders. The Himachal Pradesh government disbursed 35,164 quintal seeds of rice, maize, sorghum, bajra, among others, at subsidized rate via Agricultural Distribution Centres. Around 11,315 quintal vegetable seeds were also provided to various districts.

Products useful in protecting plants and agricultural implements were also provided to the farmers at subsidized rates to boost farmer’s cultivation efforts. Collection and sale of the produce was facilitated by setting up 60 market yards and 41 collection centres.

Around 11,315 quintal vegetable seeds were provided

Agro chems – Chemicals, E-commerce

 It will distribute the packages through local networks of FPOs, FPCs and Self-Help Groups (SHGs) 

German drug and agrochemicals major Bayer recently announced that it will support four lakh smallholder farmers across 17 states in India through its new global initiative ’Better Farms, Better Lives’.

Through this initiative, Bayer will support 20 lakh smallholder farmers in Asia, Africa and Latin America, with free Better Life Farming care packages, the company said in a statement.

These packages will be designed for farmers’ local needs and will include a combination of Bayer’s hybrid seeds, crop protection products, personal protective equipment (PPE) and safety and training materials.

In India, the initiative will support 4,00,000 smallholder farmers in 204 districts across 17 states, spanning key crops such as rice, corn, vegetables and millet. Special focus will be given to women smallholder farmers and migrant labourers, who have returned to their villages and plan to take up farming in their small family farms, it said.

In addition, Bayer will handhold farmers from sowing to harvest with advisory on crop, disease and pest management and help improve market access for their produce.

“Smallholder farmers play a crucial role in ensuring food security for India, but the ongoing COVID-19 situation has impacted their ability to grow sufficient food for their families and communities.

“Lockdowns and restrictions on movement have impacted access to seeds, crop protection inputs and labor,” Bayer CropScience CEO and Global Lead for Bayer’s smallholder farming initiatives D Narain said. 

This initiative aims to provide immediate additional support to smallholder farmers in the form of agri-inputs and advisory during this Kharif season and beyond, he said. “It will also strengthen the livelihoods of smallholder communities most impacted by COVID-19. In the long-term, we aim to help smallholder farmers achieve higher crop yields and use their farms as a source of sustainable income, rather than just a means to survive,” Narain added.

Bayer will distribute the care packages to smallholder farmers in India through its local networks of Farmer Producer Organisations (FPOs), Farmer Producer Companies (FPCs) and Self-Help Groups (SHGs) focused on agriculture.

 It will distribute the packages through local

Agro chems – Pesticides

The company is hoping for pragmatic approach by Govt and permission of the sale of pesticides in domestic markets 

 

 

The Ministry of Agriculture and Farmer’s welfare issued an addendum on 13th June 2020, to its notification issued on 14th May 2020, allowing the manufacture of 27 agrochemicals for export purposes.  In recent, Agriculture Minister Narendra Singh Tomar announced that “The agriculture ministry will permit exports of pesticides that are banned for sales in the domestic market on a case to case basis.”

Further, on other matters the ministry has extended the timeline for submission of representation by the stakeholders (on the 14th May 2020 notification) from 45 days to 90 days.

Jai Shroff, Global Chief Executive Officer stated “We are pleased that the Government has considered the representations made by the stakeholders and welcome the decision of allowing the exports of 27 proposed products. We remain confident that the Government will take a pragmatic approach and permit the sale of these products in domestic markets too as these provide cost-effective solutions to the farmers, thereby ensuring stability of the food supply chain.”

The company is hoping for pragmatic approach

Pulses

During FY 2019-20, the overall commodity handling of pulses increased by 78% over previous year. 

MAHA Farmers Producer Co (MahaFPC), which is a federation of 303 farmer producer companies in Maharashtra, has announced that it has been successful in keeping its procurement operations under the Government Price Support Scheme (PSS) running and has crossed Rs 500 crore mark despite the current Covid pandemic, top officials of the federation said. 

The federation has been active in procurement of agri-commodities, especially tur and chana in the last four months, said Yogesh Thorat, MD, MahaFPC. As a state level agency of Nafed & FCI, MahaFPC has doubled its standalone procurement operations of pulses in this year by crossing the 2017-18 PSS procurement of Tur. “In kharif marketing season of 2019-20, MahaFPC has procured 26,843 tonne of tur from 32,832 farmers. And as a part of rabi marketing season of 2020-21, procured 70,666 tonne of chana from 47,246 beneficiary farmers,” he said. 

Thorat said that the cumulative valuation of the procurement is Rs 500 crore. Out of this, 60% farmers’ payment has been disbursed directly into their bank accounts, he added.

MahaFPC’s policy of decentralised procurement centres in the production zone as cluster approach helped to decongest Agriculture Produce Market Committees (APMCs) and maintain the social distancing for the safety of the farmers against the backdrop of novel coronavirus, he said. 

During FY 2019-20, the overall commodity handling of pulses increased by 78% over previous year. MahaFPC has set up network of around 160 FPCs in 19 districts of Maharashtra for 3,000 tonne per day capacity of collection, aggregation and warehousing of pulses during FY 2019-20.

MahaFPC was also recognised as a state level agency for procurement of onion and handled 25,000 tonne last year, Thorat said. In FY 2020-21, the small and marginal members of farmer producer companies are expected to get assurance of Minimum Support Price (MSP) for pulses and oilseed.

 

During FY 2019-20, the overall commodity handling

Agro chems – Pesticides

The phase out plan includes categorization of the 27 pesticides into hazardous, less hazardous, toxic, moderately toxic and less toxic groups. 

 

 

 Senior professionals of the Crop Protection Industry, Kannan K Unni, Former Vice Chairman of Aventis Crop Science and Chairman Emeritus, Crop Life India;  V Ramachandra Kaundinya, Former Managing Director of Cyanamid Agro and Former Chairman of Indian Crop Protection Association; Dr Vijay Raghavan Menon, Former Director, Technical Services of Aventis Crop Science have  written to the Government of India to make careful considerations towards multiple issues including the requirements of small farmers who have been dependent on these pesticides for a long time and formed spray schedules to prevent pest resistance.  Farmers have been already fighting the battle with Covid-19 and international agri chains being disrupted. The suddenness of this decision and a hard stop to so many important products without a phase out plan will add to the misery of the farmers. 

Phase out plan

Some of the important recommendations of the three experts are: The phase out plan should categorise the 27 products into hazardous, less hazardous, toxic, moderately toxic and less toxic groups and separate treatment to be prescribed for each group and the hazardous products may be phased out as early as possible. The products selected for phase out may be allowed to be manufactured for the next two years and allow one additional year to dispose of the inventory fully, thus making it a three-year process. The overall toxicity profile of the pesticides that are used may be brought down over a period of 10 years (by 2030) in a phased manner. Exports of these chemicals should be continued owing to the global demand for these products. 

According to Kannan K Unni, Former Vice Chairman of Aventis Crop Science and Chairman Emeritus, Crop Life India, “While the 27 pesticides have been under a review since 2015, industry was asked to generate some data which was submitted by them in the last two years to the regulatory authorities. This data should have been used by the authorities to prioritize the sequence of phasing out the most toxic ones over a defined period of time. Instead it is proposed to ban all of them suddenly. This list contains 12 insecticides, 8 fungicides and 7 herbicides. Three of them have red triangle (highly toxic), 8 have yellow triangle (Toxic), 12 have blue triangle (moderately toxic) and 4 have green triangle (slightly toxic). Based on this classification there are different levels of urgency for banning of these products and all of them do not deserve the same treatment” 

Commenting on the drastic step taken by the government,   V Ramachandra Kaundinya, Former Managing Director of Cyanamid Agro and Former Chairman of Indian Crop Protection Association and current Director General of Federation of Seed Industry of India said “Among the 27 products listed in the notification – Thiram, Deltamethrin and Carbendazim are used for treating seeds before the seeds are sold to the farmers. The treatment helps in protecting seeds from soil borne and seed borne microorganisms like fungi, bacteria and viruses. The difficulty is that there is no alternative identified to replace Thiram, a fungicide which is economical. Seed treatment are carried out in factories by companies so that the farmer in the field has very limited exposure to them.” 

“Identification of affordable and low cost alternate chemicals for each of the pesticides proposed to be banned is paramount before a phase out is planned for keeping the cost of cultivation reasonable and that the small holder farmers can remain competitive and can afford the products. Safer products are available internationally. The CP industry needs supportive policy framework with IP protection to bring such products to India. Government may please discuss a plan with the industry” added Kaundinya.

 Dr Vijay Raghavan Menon, Former Director, Technical Services of Aventis Crop Science said, “During the last forty years pesticide industry has been responding to the needs of the consumers and the farmers with gradually replacing products with application rates of more than 1Kg active ingredient (Strobilurins, Sunfonyl Ureas).  Safety of products has improved and the pool of pesticides that are used now is much safer than what it was 30 years back.” 

Unni, the elder statesman of the crop protection industry said “Looking at the toxicity and safety considerations, the industry will also have to take certain proactive measures like withdrawing the Red Triangle toxic products from market voluntarily. A plan of action may be arrived at, with the active involvement of the industry, a gradual phase out plan of the toxic products for domestic use and their replacement with suitable new products. The industry will also have to take a collaborative approach with the government on this front.” 

Pesticide industry has been importing large volumes of intermediates and active ingredients from China. They have to define their revised sourcing strategies for the future given the current circumstances. Also, our Indian companies have built huge export business for these products which must be treated separately from domestic use. This industry contributed immensely to make “Make in India” successful. India should not lose that advantage, felt the experts.

 

The phase out plan includes categorization of

E-commerce, Finance

Focuses on strategic recruitment, process management

Mumbai-based fintech platform Jai Kisan, which caters to the financial needs of customers in rural emerging markets has raised Rs 30 crore in a pre-Series A round led by Arkam Ventures with participation from NABVENTURES Fund I. 

Existing investors such as Blume, Prophetic Ventures and Better Capital, prominent leaders in finance and agri, including an affiliate of The Chatterjee Group (TCG), Rajiv Sahney (New Vernon Capital) and Sanjay Mariwala (Omniactive) also participated in the round.

 The maiden investment by NABVENTURES Fund I, the investment arm of Nabard, the company will continue to back such tech-driven agri/rural start-ups that are at the forefront of agri/rural transformation in India, according to Rajesh Ranjan, Chief Executive Officer of NABVENTURES.

 The investment will be primarily set aside for strategic recruitment and process management. It will also focus on building on its tech platform and product development. Founded by Arjun Ahluwalia and Adriel Maniego, Jai Kisan has disbursed over Rs 50 crore in loans of top tier credit quality to a diverse set of 5,500 borrowers from various income groups across 10 States.

Focuses on strategic recruitment, process managementMumbai-based fintech

Acts & Schemes – Centre

The FPOs will provide better market linkage to small holder farmers. 

 In order to provide better market linkage to small holder farmers and help those applying better agricultural practices, the Centre has planned for formation of 10,000 new farmer producer organisations (FPOs). The responsibility of completing this task lies with the Small Farmers’ Agribusiness Consortium (SFAC), which is also responsible for strengthening the e-National Agriculture Market (e-NAM) platform in the present circumstances. There has been considerable progress in institutional and private investments after the establishment of SFAC, Union Minister of Agriculture & Farmers’ Welfare Narendra Singh Tomar has informed while addressing the 24th Management Board and 19th Annual General Board meetings of the SFAC in New Delhi recently. 

SFAC has linked 1000 agriculture markets to e-NAM in two phases. Business of more than Rs 100,000 crore has been transacted over the e-NAM platform till now. More than 1.66 crore farmers and more than 1.30 lakh businesses have been registered with e-NAM since its inception.

 The agriculture minister congratulated SFAC team for linking 1000 markets to e-NAM in two phases. He further said that the purpose of creating the platform should be accomplished. Business of more than Rs 100,000 crore has been transacted over the e-NAM platform till now. More than 1.66 crore farmers and more than 1.30 lakh businesses have been registered with e-NAM since its inception. Tomar said that it was a challenge for us to ensure that as a result of reforms, there is ease in selling of produce, along with transparency, farmers get remunerative prices for their produce and they have direct access to this platform. Farmers have completed the harvesting work with great dedication even during the period of lockdown and earning is also now being completed successfully. SFAC must be congratulated for helping the farmers in this. 

FPOs must not only be formed but they must also achieve their objectives. Their responsibilities increase in ensuring that farmers gather in groups, hold discussions and get trained, increase their production, diversify their crops, and discuss ways of decreasing use of pesticides among other holding discussion on other related discussions. In between the problem of COVID-19 appeared yet the pace of Ministry of Agriculture and farmers have not slackened, Tomar said. He appreciated that SFAC launched the Kisan Rath app with the help of officials of the Ministry of Agriculture which lessened the problem of transport of farm produce during lockdown, the minister informed.

 

The FPOs will provide better market linkage

Dairy, R&D, World

Stellapps digitizes over 9 million litres of milk each day and impacts 2 million dairy farmers in Indian villages. 

  Stellapps, the Bengaluru based market leader in the Indian dairy tech space, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”. Stellapps is a farm to consumer dairy digitization service provider, improving productivity, quality and ensuring end-to-end traceability across the dairy supply chain. It leverages advanced analytics and artificial intelligence through its full-stack IoT platform to enable dairy ecosystem partnerships with financial & insurance institutions, veterinary services, cattle nutrition providers etc. to drive significant value for each stakeholder especially the smallholder farmers. Through its customer-base which includes all major private & co-operative dairies, Stellapps currently digitizes over 9 million litres of milk worth USD 3.4 million each day and directly impacts 2 million dairy farmers in over 28,000 Indian villages.

Stellapps’ award-winning SmartMooTM suite of solutions have enabled the largely unorganized dairy sector in India to embrace the digital revolution. The power of this digital transformation has been most evident during the COVID-enforced lockdown, with Stellapps- enabled milk processors being able to function seamlessly. The ability to procure milk across thousands of centres in a 100% contactless manner allowed the dairies to adhere to sanitary guidelines released by government agencies. By enabling real-time remote monitoring of the procurement operations, Stellapps allowed the dairies to ensure that their customers continued to receive safe, traceable, and high-quality milk. In addition, the tech platform facilitated digital payments and hassle-free credit and insurance to marginal dairy farmers, allowing them to tide over the economic distress brought about by the pandemic.

The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society. Technology Pioneers community is an integral part of the larger Global Innovators community of start-ups at the World Economic Forum.

Following its selection as Technology Pioneer, Ranjith Mukundan, CEO and Co-founder of Stellapps will be invited to participate at World Economic Forum activities, events and discussions throughout the year. Stellapps will also contribute to Forum initiatives over the next two years, working with policymakers and private sector leaders to help define the global agenda on key issues.

“It is a proud moment for us to be selected as a technology pioneer by the World Economic Forum”, said Stellapps’ CEO, Ranjith Mukundan. “We consider the selection as the validation of the impact created in the lives of millions of smallholder farmers. It is also a confirmation of the uniqueness of our technology and its potential to orbit-shift the Indian dairy sector’s productivity, profitability and sustainability with milk quality and traceability as the cornerstone. We look forward to sharing our learnings to help address the challenge of food safety and farmer profitability through the Forum dialogues.”

Technology Pioneers have been selected based on the community’s selection criteria, which includes innovation, impact and leadership as well as the company’s relevance with the World Economic Forum’s Platforms.

Stellapps digitizes over 9 million litres of