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HomePosts Tagged "Kakani Govardhan Reddy"
Company News, India, Oilseeds, Sustainability

The company has already acquired 75 acres of land in Nallajerla Mandal for setting up its greenfield integrated Oil Palm Processing complex.

3F Oil Palm, one of India’s leading oil palm companies, signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh (AP) for the sustainable development of farmers in the state with a significant investment of Rs 550 Crores in Oil Palm cultivation. The MoU was signed by Y.S. Jagan Mohan Reddy, Chief Minister of Andhra Pradesh, and Sanjay Goenka, Managing Director and CEO, of 3F Oil Palm.

This landmark investment reaffirms 3F Oil Palm’s commitment to fostering economic growth, empowering local communities, and promoting environmentally responsible agricultural practices in the Oil Palm industry.

During the MoU signing, Kakani Govardhan Reddy, State Agriculture Minister, and Gudivada Amarnath, Minister for Industries, Infrastructure, Investment, and Information Technology, were also present.

3F Oil Palm was the first company to commence operations in the state and has since developed more than 25,000 hectares of plantations, bringing together more than 50,000 farming families. 

The strategic partnership is expected to contribute significantly to the development of the region as it will help empower existing Oil Palm farmers as well as bring in new prospective farmers into the fold of Oil Palm cultivation. 3F Oil Palm will invest in nursery activities, area expansion, crop maintenance, farmer services, fresh fruit bunches (FFB) collection and handling, R&D facilities, and a green field integrated palm oil processing complex in Ayyavaram village, Nallajerla Mandal, East Godavari.

Due to 3F Oil Palm’s continued investment in the Oil Palm plantation space, the company has been allotted an additional 24 zones in the five districts of Tirupati, Chittoor, Guntur, Nandyal and Krishna with a potential area of over 1,00,000 Ha.

A senior state government official, said: “Palm oil cultivation in Andhra Pradesh stands as a beacon of economic empowerment, contributing over 85 per cent of India’s production. It is a vital engine of growth, helps in reducing import dependency, creating jobs, and fostering prosperity in rural communities. This sector not only fuels GDP but also elevates the lives of farmers by way of increased farmer income. We are positive that this groundbreaking project will revolutionise the oil palm cultivation landscape of the state.”

Sanjay Goenka, Managing Director and CEO, 3F Oil Palm, said, “We are enthusiastic to embark on this transformative journey with the farmers of Andhra Pradesh. Our milestone investment of Rs. 550 crore not only signifies our confidence in the potential of the region but also our commitment to sustainable and inclusive development. Together, we aim to create a thriving ecosystem that benefits all stakeholders. We are particularly elated as this MoU reaffirms the state government’s trust in our ability to deliver on our promise, to empower our farmers to make India self-reliant in Edible Oils.”

3F Oil Palm currently operates in the states of Karnataka, Assam, Chhattisgarh, Gujarat and Arunachal Pradesh, other than Andhra Pradesh, with a cultivation area spread over more than 55,000 hectares and five processing units.

The company has already acquired 75 acres

Company News, India, Sustainability

Deliberations during the National Conference focused on the theme “India – An Emerging Global Food Hub: Role of Sustainable Crop Protection Solutions

CropLife India; the association of leading domestic and Multinational R&D-driven crop science companies; organised a National Conference on the occasion of its 43rd AGM. The conference witnessed the congregation of two Agriculture Ministers from the key States of Andhra Pradesh and Haryana; senior Government officials, experts, academia and industry leaders. YES BANK was the Knowledge Partner for the event.

CropLife India believes that the State Governments will play an imminent role in paving a “Public-Private Pathway” for capacity building and awareness creation

India now stands as the 2nd largest exporter of agrochemicals globally, after China, making it a key participant in the global crop protection industry.

Deliberations during the National Conference focused on the theme “India – An Emerging Global Food Hub: Role of Sustainable Crop Protection Solutions”. The focus of the Inaugural Session was “The Rise of Indian Agriculture – World’s Emerging Food Basket & the Role of States”. Plenary Session I focussed on “Women driving the growth of Indian Agriculture” and Plenary Session II dwelled on “Innovations for the New-Age Farmers.” The Valedictory Session deliberated on “Role of Agrochemicals in the growth of Indian Agriculture.”

During his inaugural address Kakani Govardhan Reddy, Minister of Agriculture Government of Andhra Pradesh shared that, “The State Government is committed towards Farmers’ education for enhanced use of new technology in agriculture; which has led to multiple novel initiatives viz. ‘E-KYC Know Your Crop’ aims to provide farmers with essential digital resources. The State is considering implementing the State Minimum Support Price Act to further bolster inclusive agricultural practices.”

J. P. Dalal, Minister of Agriculture Government of Haryana said, “Farmers of Haryana are being encouraged to take up crop diversification and produce as per the market demands. Asia’s largest market, spanning over 550 acres, is under construction in Ganaur in Haryana and will be better than the markets in developed countries like Spain and France. The market would provide farmers with facilities for grading, packaging and sorting at the block and tehsil levels, thus helping in export quality products to the international market.”

Dr. K. C. Ravi, Chairman, of CropLife India said, “As India emerges as a Global Food hub, the need for a predictable, stable and science-based policy and regulatory regime for the proper growth of the crop protection sector is imperative. This would promote innovation and new product introduction to address the current and upcoming challenges faced by farmers; while paving the way with introduction of cutting-edge technologies like Artificial Intelligence and Drones.”

The crop protection industry has been making an immense contribution to Indian Agriculture in the last 77 years and is committed to continuing the same. CropLife India members are not only committed to bringing the latest and safer innovations but are equally committed to educating farmers on their safe and responsible use. CropLife and its member companies would like to continue to contribute to creating a science-based, pragmatic and stable regulatory environment.

CropLife members continue to work closely with farmers, the scientific community and policymakers to address current as well as future challenges. However, the cost of research has gone up and it is estimated that the cost of discovery and development of a new active ingredient is around INR 2000 crores. If Indian agriculture must flourish, be more competitive, quality quality-driven and reduce wastages as well as losses to enable our farmers to be more successful, it is absolutely essential that a progressive policy environment is in place that fosters innovations.

Deliberations during the National Conference focused on