Agri Reach is capable of establishing industry-standard warehouse operations anywhere across the country within 24 hours
Sohan Lal Commodity Management Private Limited, India’s leading Post Harvest Management Group (SLCM Group) has recently announced the receipt of ‘Patent Certificate’ from the Patent Office, Government of India for its application titled “Methods for Real Time Data Management” filed on December 16, 2013. SLCM Group is the only company in the Indian Agriculture sector that has registered a technology patent in the Agri Logistics (Warehousing) segment till date that is spanning 75 years post-Independence.
Agri Reach, SLCM Group’s proprietary solution, allows real-time monitoring and management of crops. Under the umbrella, the invention offers a diverse set of services such as audit receipts, quality control, and surveillance. Agri Reach is capable of establishing industry-standard warehouse operations anywhere across the country within 24 hours.
Commenting on this achievement, Sandeep Sabharwal, Chief Executive Officer, SLCM Group, said, “Observing the increasing pace of technology penetration, I had the vision of ‘Phygitalising’ the warehouse management system over a decade ago. With a dedicated team of professionals, we created ‘Agri Reach’ – a system that enables effective warehousing solutions agnostic of infrastructure, geography, and crops. With firm belief in our innovation and a passion to improve Indian agriculture, we applied for the patent 9 years ago. Today, it gives me immense pleasure to say that our patent application has received its accreditation from the Government of India. This brings us one step closer to revolutionising agriculture at the ground level.”
The impact of Agri Reach implementation across the business verticals of SLCM Group has resulted in remarkable growth, which is considered as an industry benchmark. In 2017, SLCM Group was handling Assets Under Management (AUM) worth Rs 1010.9 Crore per day. In comparison to this, the current outstanding AUM handled by the company per day has a net worth of Rs 5322.75 Crore (as on March 20, 2022).
