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Wednesday / February 21. 2024
HomeAgribusinessClean Seed Capital inks Technology License and Manufacturing agreement with Mahindra

Clean Seed Capital inks Technology License and Manufacturing agreement with Mahindra

Mahindra will manufacture and distribute the SMART Seeder Mini-MAX™ in collaboration with Clean Seed, as per the agreement.

Clean Seed Capital Group Ltd announced the signing of a definitive Technology License and Manufacturing Agreement with Mahindra and Mahindra Limited wherein Mahindra will manufacture and distribute the SMART Seeder Mini-MAX™ in collaboration with Clean Seed.

Following the establishment of the Memorandum of Understanding on January 24th 2023, Clean Seed and Mahindra have engaged in a steadfast and diligent collaborative process to develop and finalize this comprehensive, worldwide, licensing, manufacturing and global supply agreement for the innovative SMART Seeder Mini-MAX™.

The primary objective of this strategic alliance transcends mere business transactions; its overarching goal is to significantly influence the agricultural sector, starting with a commitment to India. Together, we aspire to establish economic and environmental performance benchmarks in agriculture by enhancing yields to tackle global food security challenges, reducing input costs, prioritising water conservation, safeguarding agricultural soils from further degradation, and enhancing key environmental outcomes by eliminating extreme tilling and long entrenched stubble burning practices, mentioned the company.

Graeme Lempriere – Chief Executive Officer of Clean Seed stated “It is with great pride that I announce the successful execution of our definitive agreement with Mahindra and Mahindra. The collaborative efforts with Mahindra and all stakeholders have been genuinely inspiring. The unwavering commitment from both parties to conclude this agreement has charted a course that promises to make a profound impact on the agricultural landscape both in India and globally. We are honoured to be part of this transformative journey alongside the esteemed organization that is Mahindra. We extend our heartfelt thanks to all the individuals involved on the ground in India and to our dedicated team at home, who have invested an extraordinary amount of time and effort to bring this agreement to a definitive conclusion.”

Kairas Vakharia, Senior Vice President and Business Head – Farm Machinery, Mahindra & Mahindra Ltd. said “At Mahindra we are delighted to partner with Clean Seed, a leading seeding and planting technology player in growing our farm machinery portfolio. Jointly developed and tested the SMART Seeder MINI-MAX™ is expected to drive input reduction and sustainable farming.”

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