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Chauhan’s appointment is expected to bring fresh impetus to the government’s efforts in addressing the challenges faced by the agriculture sector and the farming community.

Union Minister Shivraj Singh Chouhan today took charge of the Ministry of Agriculture and Farmers Welfare. Speaking with media on the occasion, Chauhan said he is happy to say that the first decision taken by the Prime Minister yesterday was in the interest of the farmers. He said the Prime Minister has resolved to double the income of farmers and the government will take every possible step for the welfare of farmers. The Minister also added that the NDA government has been committed for farmers’ welfare for past ten years and his Ministry will continue to work for achieving the goals.

After taking over charge, the Minister visited various offices in the Ministry and interacted with staff at various levels including cleanliness workers. He exhorted them to work as a team for achieving the government vision for welfare of farmers and work in cooperation with each other. He also visited Krishi integrated command and control center in the Ministry and saw facilities to review the agriculture scenario within the country including crop production and drought preparedness.

Later, he held a meeting of senior officials of the Ministry and underscored the need for transparency in Ministry functioning. He also handed government manifesto for welfare of farmers and rural development and called upon everyone to work towards its fulfilment. Chauhan asserted that PM Narendra Modi is a visionary leader and called upon the officials to work on a roadmap for achieving goals set up in the manifesto. He said improving upon the lives of Annadata should be the mission of Ministry.

With his extensive experience in governance and deep connect with the rural populace, Chouhan’s appointment as the Union Agriculture Minister is expected to bring fresh impetus to the government’s efforts in addressing the challenges faced by the agriculture sector and the farming community.

Chouhan, who assiduously cultivated a ‘son of the soil’ image and identified himself with the socio-economic concerns of farmers, villagers, women, and children in Madhya Pradesh, proved his detractors wrong after being denied the chief minister’s post for the fifth time last year.

Born on March 5, 1959, in a farming family in Jait village, Sehore district, Chouhan’s political journey began with the Rashtriya Swayamsevak Sangh (RSS) when he was just 13 years old. He was first elected to the Madhya Pradesh Assembly from Budhni constituency in 1990 and later became a Member of Parliament from Vidisha in 1991.

Chauhan’s appointment is expected to bring fresh

The Mobile Milk Collection & Cooling system is designed for trials and will initially be deployed by the Ladakh Milk Federation.

Dr Meenesh Shah, Chairman of the National Dairy Development Board (NDDB) and IDMC Ltd, along with Kenichiro Toyofuku, Director of Suzuki R&D Center India Pvt Ltd (SRDI), flagged off a Mobile Milk Collection & Cooling System at Anand in Gujarat.  A Mobile Milk Collection and Cooling system developed jointly by National Dairy Development Board (NDDB), Suzuki R&D Centre India Pvt Ltd (SRDI) and IDMC Ltd will be fist used for milk collection in remote parts of Ladakh.

The system with capacity of 300-litre is mounted on a Maruti Suzuki Super vehicle and is powered by the vehicle’s engine. Additionally, a Data Processor-based Milk Collection Unit (DPMCU) is installed on the vehicle, powered by a 100W solar panel.

Dr Shah mentioned that the system will provide automated testing convenience at the farmer’s doorstep, facilitate fair and transparent milk collection, preserve milk quality and ensure the shelf life of milk with immediate on-site cooling. This will also provide access to organised milk procurement systems for dairy farmers in remote or adverse locations and efficiently handle specialised milk types such as cow milk, camel milk, etc.

Dr Shah also informed that the system enhances access to organised milk procurement for dairy farmers in remote or challenging locations, efficiently handling specialized milk types like cow milk and camel milk. The prototype system is designed for trials and will initially be deployed by the Ladakh Milk Federation.

Dr Shah emphasised that the system provides automated milk testing at the farmer’s doorstep, ensuring fair and transparent milk collection, preserving milk quality, and extending the milk’s shelf life through immediate on-site cooling.

Toyofuku noted that this initiative not only provides convenience for mobile milk collection but also contributes to the improvement of milk quality.

The Mobile Milk Collection & Cooling system

The latest patent recognises the pioneering “Method for REAL-TIME Monitoring of Quality Control Data in a warehouse management system”.

 Sohan Lal Commodity Management (SLCM), India’s leading post-harvest logistics company, announced the acquisition of its second patent for Agri Reach application, from the Intellectual Property India, Government of India. The latest patent recognizes the pioneering “Method for REAL-TIME Monitoring of Quality Control Data in a Warehouse Management System”.

The innovation marks a milestone in the agriculture industry, by real-time monitoring of the quality of commodities at all stages of the warehouse management operations to ensure health of commodities during the whole process. The first patent of Agri Reach Application was granted in 2022, “Method for REAL-TIME Data Management” which had defined centralized processes for monitoring and managing crops from any location, whilst this Second Patent granted on 20th May 2024 specifically addresses the process of Monitoring Quality of the commodities stored in a Warehouse. With these two prestigious patents, SLCM Group becomes India’s first company in Agri Industry to have proprietary solutions for holistically managing both quality and quantity of crops in real-time under a single platform. These inventions would go a long way in making the country’s agricultural ecosystem self-reliant by bolstering diverse post-harvest facets, including an unparalleled, instant and accurate quality monitoring of food grains, tracking entire journey of a commodity and real-time intimation on damage, wastage or deterioration of quality of the Agri Commodity to warehouse operators for faster action and result oriented information.

An industry-proven, resilient and scalable, the latest patented method represents a major advancement in sustainable technology and spells numerous benefits for the agriculture & allied community, offering unparalleled accuracy of inbound and outbound transactions of commodity, streamlined data management processes by enabling a systemized and transparent process for quality control check of commodities at all junctures of warehouse management.

Commenting on strengthening SLCM IP portfolio, Sandeep Sabharwal, CEO of SLCM Group expressed, “We applied for the patent six years ago with a strong trust in our innovation and a mission to revolutionize the agriculture industry of India. It is a proud moment that the Government of India has acknowledged our patent application. This milestone solidifies our leadership position, being the first and only company in our industry to achieve two patents that will transform the agriculture domain. We are committed to making sustained efforts towards laying a robust Phygital infrastructure with culmination of cutting-edge technology and expansive physical network of establishments.”

He further added, “Both the patented inventions in a single platform of Agri Reach contains everything you need to effectively track commodity journey and syncing all data from numerous warehouse sites at the centralized location ensuring no gaps in the warehouse management process which may lead to deterioration of commodities. Warehouse operators are empowered to optimize quality control procedures and equip stakeholders with improved decision-making capabilities by having continuous access to the lifecycle of crops stored in the warehouse. Thereby, fostering sustainable development by curbing huge food grain losses during post-harvest stages”.

Agri Reach Application:

Backed by strong R&D efforts and forward-thinking approach, Agri Reach, is a state-of-the-art and the only NABL accredited application, developed to monitor and oversee Agri Commodities journey in Storage. The AI powered Application is agnostic to infrastructure, location or crops to enhance efficiency and transparency.

The application offers a diverse set of services in collateral management such as audit receipts, quality control, and surveillance. This helps agriculture experts to maintain the health of stored crops, and ensure optimum quality using a series of processes, audits, and real-time tracking of the facilities. 

The latest patent recognises the pioneering “Method

Odisha’s Horticulture Directorate and APEDA collaborated with Palladium as a technical partner to boost farmers’ incomes by exploring new export avenues for fresh produce.

Palladium, under the Promotion & Stabilization of Farmer Producer Organizations (PSFPO) Project, has achieved a significant milestone by supporting the Mahila Kisan Farmer Producer Company (MKFPCL) from Rayagada in exporting 9.5 Quintals of Amrapalli mangoes from Odisha to London. This is an all-women farmer producer company promoted by PRADAN under the Agricultural Production Cluster scheme of the Department of Agriculture and Farmers’ Empowerment, Odisha. This landmark export has resulted in a remarkable 40 per cent increase in price realisation for more than 1900 women farmers involved.

“We didn’t anticipate that mangoes from our FPO would reach global markets. Through this linkage, we have learned that the demand for mangoes in international markets is high. By adopting best packaging practices, gaining access to storage infrastructure, and using quality packaging materials, we believe we can establish sustainable market linkages through export” said Gita Nimhala, Board of Director, MKFPCL, Bankili, Rayagada.

Celebrating this milestone, Biswajit Behera, Director, Palladium India also added “By focusing on women-led FPOs, we are tapping into a transformative potential within the agriculture sector. By enabling these women farmers to access international markets, we are not only ensuring higher price realizations but also setting the stage for a new revolution in agriculture. Women farmers, when given the right opportunities, can drive significant economic and social change. This initiative is a testament to the power of inclusivity and empowerment in driving sustainable development.”

In another noteworthy achievement under the PSFPO project, Palladium successfully facilitated the export of 7.5 quintals of premium mango varieties, including Amrapali, Mallika, Chousa, Himsagar, Baiganpali, and Latsundari. These mangoes were showcased at the prestigious Indian Mango Festival (Indian Hamba) in Doha, Qatar, from May 30 to June 8, 2024. 

Palladium, engaged as the Technical Support Unit under the Directorate of Horticulture Odisha, in collaboration with the Agricultural and Processed Food Products Export Development Authority (APEDA), is actively exploring new export avenues for fresh produce from the state. This initiative not only promises to boost farmers’ incomes but also enhances their market reach, both domestically and globally.

“Palladium, under the PSFPO project, strives to provide holistic support to Odisha’s FPOs. Key initiatives include organizing field visits for exporters, sending mango samples to exporters, and coordinating with the FPOs after receiving indents from exporters. Palladium also educates, sensitizes, and supports farmers on procuring, processing techniques, grading and sorting, packaging and cargo shipment of mangoes, thereby ensuring adherence to international quality standards and proper post-harvest management practices to maintain the quality of produce. While PSFPO provides end-to-end support to facilitate export of fresh produce from the state through FPOs, the ultimate goal is to guide the FPOs in these endeavours, ensuring they become familiar with the processes. Through these comprehensive efforts, Palladium not only connects Odisha FPOs with highly remunerative international markets helping farmers achieve better prices through value addition at farm level, but also promotes social inclusiveness by engaging women farmers and socio-economically marginalized farming communities, alongside private sector players”, said Debarati Ghatak, Private Sector Engagement specialist, PSFPO.

Odisha's Horticulture Directorate and APEDA collaborated with

The CelluSmart technology will help ethanol producers in the measurement of cellulosic ethanol from biofuel production.

 Neogen® Corporation, an innovative leader in food safety solutions, announced that it has launched the new CelluSmart technology from Megazyme® by Neogen for the measurement of cellulosic ethanol from biofuel production.

In creating this industry-first technology, Neogen improved upon the previous National Renewable Energy Laboratory (NREL) procedure, introducing a yeast-degrading cocktail (YDC). With these improvements, CelluSmart allows the ethanol industry to fully realize its efforts to produce low-carbon fuels, represented in value by the D3 RINs generated from in-situ production.

Cellulosic ethanol represents a 60 per cent reduction in greenhouse gas emissions from standard petroleum-based fuel and helps progress toward climate goals. The CelluSmart technology has the potential to help ethanol producers further reduce carbon intensity scores, which, in combination with other factors, may help them gain access to new markets, including sustainable aviation fuel.

“The ethanol industry is a success story in providing low-carbon renewable energy,” said John Adent, Neogen’s President and Chief Executive Officer. “With the new CelluSmart technology, we can continue to leverage our knowledge in fiber and carbohydrate method development to contribute to the growth of this industry and help create a more sustainable world.”

“Neogen is a long-term partner with the biofuel industry, and we have worked together in the food safety space over the years,” said Dr Jason Lilly, Vice President of the Americas and Australia/New Zealand at Neogen. “We are thrilled to provide producers with this highly requested technology and strengthen our relationship with the industry as we strive to enable a more sustainable future.”

The CelluSmart technology is incorporated into ASTM Method E-3417-24, which meets the U.S. Environmental Protection Agency’s (EPA) requirements for an approved method from a voluntary consensus standards body.

The CelluSmart technology will help ethanol producers

At Innoterra, Avinash will focus on building Innoterra’s India business portfolio, including its agri-tech platform, Farmlink,cattle feed business Milklane, and the domestic sales and business.

Swiss-Indian food and technology platform company, Innoterra announced that Avinash Kasinathan has joined Innoterra as the Head of India business, effective immediately. Avinash brings with him rich experience in strategy, technology, and the agriculture sector.

Avinash started his career as a consultant at McKinsey. Prior to joining Innoterra, he served as the CTO of WayCool and CEO of CENSA (Waycool’s technology wing), where he played a pivotal role in building a scalable, well-governed, and sustainable food and agri-tech platform. He has been instrumental in conceiving, conceptualizing, and building the Censa platform as one of the most comprehensive tech stacks in the food economy.

At Innoterra, Avinash will focus on building Innoterra’s India business portfolio, including but not limited to our agri-tech platform, Farmlink, our high-quality milk and cattle feed business Milklane, and the domestic sales and business relating to our banana vaccine, BanacXin.

“We are thrilled to welcome Avinash to our Group Executive Board,” said Pascal Foehn, CEO of Innoterra. “His background in technology coupled with his affinity for the Indian agricultural sector will be invaluable as we continue to grow the Innoterra footprint in India. We look forward to growing together.”

“The sector is at an inflection point, and Innoterra is well-positioned to disrupt the Indian agri value chain. I’m excited to join Innoterra and drive further margin expansion,” said Avinash Kasinathan.

At Innoterra, Avinash will focus on building

The initiative aims to reduce pesticide application, raise awareness about organic manure, and enhance the export potential of pepper produce.

Herbal Isolates Pvt Ltd of Synthite group — the world’s largest producer of green pepper products — has collaborated with St Jude, a startup firm based in Kasaragod. As part of the initiative, trials will be conducted using an organic plant immune stimulator on pepper plants in South India, mainly in Kolli Hills, Tamil Nadu.

The plant immune stimulator offers an organic solution to enhance immunity, reducing the reliance on chemical pesticides. “We hope that this will enable farmers to command a better price for their products, especially in the EU market,” said Jacob Ninan, Managing Director, Herbal Isolates Pvt Ltd.

The initiative mainly aims to reduce pesticide application in farms, raise farmers awareness about using the right organic manure, and enhance the export potential of their produce. By adopting these practices, benefits including premium prices for farmers and improved quality and marketability of their products can be ensured.

Herbal Isolates, the Synthite group firm, was established in 1984. Today this is a top resource for pepper products such as Dehydrated Green Pepper (crushed and whole), Green Pepper in Brine, Red Pepper in Brine and a host of subsidiary products like Hydrolyzed Vegetable Proteins.

The initiative aims to reduce pesticide application,

CSC SPV will enable FPOs to provide the services that are available on the Digital Seva Portal and also conduct training and Capacity Building of FPOs.

An MoU between CSC SPV and Ministry of Agriculture & Farmer’s Welfare was signed to convert FPOs registered under ‘Formation & Promotion of 10,000 FPOs scheme’ into CSCs and help them to deliver citizen-centric services.

As per MoU, 10,000 FPOs will be converted into CSCs. CSC SPV will enable them to provide the services that are available on the Digital Seva Portal. Training and Capacity Building of FPOs will be done by CSCs.

This initiative will give a new dimension to the movement of rural development and digital empowerment of the country. There will be an immense increase in agriculture related services of CSC. It will also help FPOs to become a nodal centre for providing various services like Direct Benefit Transfer (DBT), Interest Subsidy Scheme (ISS), Crop Insurance Scheme (PMFBY) and fertilizer and seed inputs.

The MoU was signed by Sanjay Rakesh, MD & CEO, CSC SPV and Faiz Ahmed Kidwai, Additional Secretary, Ministry of Agriculture in the august presence of Shri Manoj Ahuja, Secretary, Ministry of Agriculture and Farmers Welfare.

The Government of India launched the Central Sector Scheme for “Formation and Promotion of 10,000 Farmer Producer Organizations (FPOs)” in the year 2020 that is enabling farmers to enhance their bargaining power, leverage economies of scale, reduction in cost of production and enhancing farmers’ incomes through aggregation of their agricultural produce, thus playing a major role towards sustainable incomes. After today’s initiative, delivery of CSC services through FPOs will increase employment opportunities in rural areas.

The CSC has always strived to improve the lives of citizens in rural areas through various initiatives. Farmers and agriculture are an integral part of our initiative. Thanks to the vast network of CSCs present in remote areas of the country, they are already providing various services to the farmers through tele-consultation, crop insurance, e-veterinary, Kisan Credit Card and PM Kisan schemes.

During the programme, Sanjay Rakesh, MD-CEO, CSC SPV, said, “It is a matter of immense pleasure that 10,000 FPOs will now function as Common Services Centres. With this initiative, more farmers who are associated with FPOs, will be able to avail the benefits of CSC services. This will enable FPOs to provide citizens with all the services that are available on CSC Scheme’s Digital Seva Portal.”

CSC SPV will enable FPOs to provide

 JNPA achieved a remarkable milestone by recording its highest-ever throughput of 6.43 million TEUs in the fiscal year 2023-24.

The Jawaharlal Nehru Port Authority (JNPA) has signed two significant Memorandums of Understanding (MOUs) with PSA (India) and CMA CGM, committing a total investment of Rs 40,000 crore for the development of the Greenfield Port at Vadhvan. This announcement comes as JNPA celebrates its 35th anniversary, having established itself as India’s largest container port since its inception in 1989.

The port achieved a remarkable milestone by recording its highest-ever throughput of 6.43 million TEUs in the fiscal year 2023-24. JNPA has consistently handled over 6 million TEUs annually in recent years. Currently, JNPA operates five container terminals: NSFT, NSICT, NSIGT, BMCT, and APMT, along with a Shallow Water Berth for general cargo and a Liquid Cargo Terminal managed by the BPCL-IOCL consortium. A newly constructed coastal berth further enhances its capabilities. Spanning 277 hectares, JNPA also operates a multi-product Special Economic Zone (SEZ) designed to boost export-oriented industries with state-of-the-art infrastructure.

Unmesh Sharad Wagh, Chairman of JNPA, reflected on the port’s journey, said, “As we mark 35 years of JNPA’s impressive journey, we look back on our accomplishments in advancing India’s maritime infrastructure. Our dedication to innovation, efficiency, and sustainability has established JNPA as a leader in global port operations. This milestone underscores the commitment of our team and the support of our stakeholders.”

 JNPA achieved a remarkable milestone by recording

The government should strengthen regulations for achieving national and international commitments such as the Sustainable Development Goals (SDGs) and the Net Zero by 2070 target.

 The general elections results are out, and a five-year term is mandated for the government in this crucial decade which needs to see significant progress on environmental quality, climate action and sustainable development. According to Dr Vibha Dhawan, Director General, TERI, “By placing a strong emphasis on various factors of the environment, the new government can set the wheels of the Indian economy in motion towards a sustainable and resilient future”. “The government should strengthen regulations and integrate environmental considerations into various sectoral and non-sectoral policies which will also help in achieving our national and international commitments such as the Sustainable Development Goals (SDGs) and the Net Zero by 2070 target”, she emphasised.

On the occasion of the World Environment Day 2024, The Energy and Resources Institute (TERI), which has been at the forefront of advocating and supporting various environmental initiatives has compiled inputs for a 100-day green agenda for the new government.

Initiate Green Budgeting: India has the process of issue-based budgeting in the child budgeting and gender budgeting in the union budget. India can introduce green budgeting in union budgeting process for integrating environmental considerations into public spending and revenue-raising measures. Inspiration can be drawn from Bihar, Puducherry, and Assam.

Include Climate Vulnerability in Devolution Formula: The 16th Finance Commission can include climate vulnerability (as part of environment criteria) in the devolution formula to states to create climate fund and provide additional resources to state governments to address climate change.

Strengthen Green Public Procurement (GPP): The General Financial Rules of the Ministry of Finance mandates that select electrical appliances procured should carry the notified threshold or higher Star Rating of Bureau of Energy Efficiency (BEE). Since 2013, there have been no enhancements in this list of appliances. Procurement of more BEE star rated appliances along with products under the ECO Mark Scheme should be promoted through the Government e-Marketplace (GeM). A comprehensive GPP strategy at the national level will also boost the Lifestyle for Environment (LiFE). India can advocate for global indicator frameworks on SDGs to incorporate consumer-level and eco-labels related indicators.

Develop Green Strategy for Priority Sector Lending (PSL): Green and gender tagging of loans from PSL can be undertaken to strengthen green strategies. For example, PSL can include monitoring mechanisms for credits to farmers for sustainable agriculture including women beneficiaries. Further awareness activities on PSL can be strengthened.

Notify Policy on Resource Efficiency: Ministry of Environment, Forest and Climate Change (MoEFCC) of India can notify a policy for resource efficiency. Efficiency in use of material resources such as timber, plastic, steel, metals, textiles, construction materials (sand, earth, bricks, cement, etc) and their recycling, reuse needs to be promoted through mandates as well as incentives to sustain a circular economy. A draft policy has been in the making for almost five years.

The government should strengthen regulations for achieving

Nearly 50 state-of-the-art robots work around-the-clock at Amatelas Farm to ensure berries are picked at the peak of ripeness and optimise operations over time.

US based vertical farming company Oishii announced the opening of a new indoor vertical strawberry farm, spanning more than 237,500 square feet in Phillipsburg, New Jersey. Adjacent to an expansive solar field, Oishii’s innovative Amatelas Farm – which is named for the Japanese Goddess of the Sun – runs on renewable energy and represents a new, more efficient paradigm for indoor agriculture.

Amatelas Farm features individual farm units, which are each home to 250 moving racks of Oishii’s ever-popular Koyo strawberries. Every rack is stacked with eight growing levels (up from five in Oishii’s second-generation farms) that seamlessly move from the warmth of day to the coolness of night on a 24-hour cycle. While most vertical farms grow their produce on static, immobile racks, Oishii’s moving architecture automates the growing process and enables bees, robots, and farmers to work together to grow more berries in the same footprint.

Amatelas Farm harvests are grown primarily with solar power – sourced from the 50-acre solar field next door. Built in a repurposed plastics manufacturing plant, the farm is also outfitted with next-generation LED lights that use 14 per cent less energy per plant. The facility’s multi-million-dollar water purification system has eight times more capacity than the older Oishii farms, allowing it to recycle the majority of the water it uses today.

“At Oishii, we run towards problems once thought to be impossible to solve. In just two years, we’ve developed technological breakthroughs now in use at Amatelas Farm that make our growing process significantly more efficient, yet just as delicious,” said Hiroki Koga, CEO and Co-Founder of Oishii.

Nearly 50 state-of-the-art robots work around-the-clock at Amatelas Farm to ensure berries are picked at the peak of ripeness and optimize operations over time. The company’s proprietary robots capture over 60 billion data points annually, which are used to monitor and adjust the environmental variables of each farm unit. By pairing machine vision with machine learning, Oishii’s farms get incrementally more efficient, improving important metrics like pollination success and harvest predictability to deliver the best tasting fruit.

Amatelas Farm also enables Oishii to scale the impact of the brand. The company has already made more than 100 hires in the Lehigh Valley region, creating new jobs for engineers, farm operators, and facility managers, among others.

With the space to grow more than 20 times the number of berries from its previous facility, the farm’s unique location near the border of New Jersey and Pennsylvania also unlocks new expansion opportunities for Oishii. Situated within a day’s drive to a third of the U.S. population, the company will enter new markets along the East Coast and expand its relationship with retail partners like Whole Foods Market and FreshDirect.

Nearly 50 state-of-the-art robots work around-the-clock at

‘CIBA EHP Cura I’ technology addresses Enterocytozoon hepatopenaei a microsporidian pathogen that poses a severe threat to the global shrimp industry.

ICAR-Central Institute of Brackishwater Aquaculture, Chennai, signed a Memorandum of Understanding with M/s Neomeds, Hyderabad, Telangana for the technology transfer of ‘CIBA EHP Cura I’- technology. This innovative technology addresses Enterocytozoon hepatopenaei a microsporidian pathogen that poses a severe threat to the global shrimp industry. After 6-7 years of exclusive research on EHP, ICAR-CIBA developed ‘CIBA EHP cura I’ a treatment that was field validated and led to its commercialization.

Dr. Kuldeep K. Lal, Director, ICAR-CIBA highlighted the severity of EHP pathogen in shrimp aquaculture and the significance of ‘CIBA EHP cura I’ in combating the issue and opined that it will help the farming community in India.

Dr. T. Sathish Kumar, Scientist, and Principal Investigator, ‘CIBA EHP cura I’, briefed about the genesis of development and significance of this product in the treatment and control of EHP and informed the association with M/s Neomeds.

‘CIBA EHP Cura I’ technology addresses Enterocytozoon

This strategic merger will streamline Magellanic Cloud’s operations by integrating iVIS directly into the company structure.

Hyderabad based Magellanic Cloud, a leading provider of innovative technology solutions, announced the completion of acquisition of its wholly owned subsidiary, iVIS International India Private Limited, into the Magellanic Cloud brand. This strategic merger will streamline Magellanic Cloud’s operations by integrating iVIS directly into the company structure. This move signifies a significant step forward in Magellanic Cloud’s growth trajectory and further strengthens its position in the surveillance and ITES sectors.

iVIS International plays a vital role in Magellanic Cloud’s operations, contributing nearly 25 per cent to the company’s consolidated revenue. Renowned for offering state-of-the-art intensive vigilance and AI/ML-enabled intervention systems, iVIS caters to a diverse clientele across various sectors.  With a strong presence in over 20,000 sites in India, their expertise lies predominantly within the banking sector, making them a valuable asset to Magellanic Cloud’s service portfolio. The merger will have no bearing on Magellanic Cloud investors.

Commenting on the merger, Joseph Reddy Thumma, CEO of Magellanic Cloud, stated, “This strategic merger of iVIS with Magellanic Cloud represents a significant milestone for us. By bringing iVIS directly under our umbrella, we gain the exceptional opportunity to leverage their proven expertise and extensive market reach while optimizing resource allocation. The combined entity will emerge as a stronger force, offering clients a wider range of comprehensive solutions.”

This strategic merger will streamline Magellanic Cloud's

The plant aims to produce bio-based chemicals for coatings and resins, cosmetics, pharmaceuticals and food and fragrances markets.

Godavari Biorefineries Limited inaugurated its new specialty bio-chemical plant, at Sakarwadi in Maharashtra. The company intends to produce bio-based chemicals at this plant to support the green and net-zero ambitions of its clientele in different markets across the globe.

The ceremony was honoured by the esteemed presence of Padma Vibhushan Prof. M. M. Sharma and Bart De Jong, Consul General of the Netherlands in Mumbai, along with other distinguished guests.

The inauguration marks a significant milestone in our journey towards innovation and excellence in the production of specialty chemicals. This advanced facility, equipped with cutting-edge technology, underscores our commitment to the highest standards of safety and environmental sustainability.

This multipurpose plant intends to produce bio-chemicals such as bio-butanol, bio-based ethers and esters in this plant. Godavari Biorefineries Ltd has the strategy to further develop and scale up its capacity in the coming years in volumes and for new bio-based chemicals. The plant aims to produce bio-based chemicals for coatings and resins, cosmetics, pharmaceuticals and food and fragrances markets, said the company in the statement.

Padma Vibhushan Prof. M. M. Sharma, a luminary in the field of chemical engineering, performed the ribbon-cutting ceremony and delivered an inspiring address. He highlighted the critical role of research and development in the chemical industry and praised our efforts in establishing a plant that represents the future of specialty chemicals manufacturing.

The event was further distinguished by the presence of Bart De Jong, Consul General of the Netherlands in Mumbai. In his address, De Jong emphasized the importance of international cooperation in advancing technological and industrial growth.

 Godavari Biorefineries Ltd. is a biorefining company producing sugar, biofuels, chemicals, power, compost, waxes, and related products, using sugarcane as the primary feedstock.  The company has manufacturing plants at Sameerwadi, Bagalkot district in Karnataka and Sakarwadi, Ahmednagar district in Maharashtra.

The plant aims to produce bio-based chemicals