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HomePosts Tagged "SLCM Group"
Agribusiness, Agrotech, Award, Company News, Supply Chain, Warehousing

 The award recognises SLCM for its agile, Infrastructure agnostic, and scientific warehousing capabilities, powered by a state-of-the-art Phygital approach.

Sohan Lal Commodity Management (SLCM) India’s largest post-harvest logistics and Agri-solutions Company has acclaimed ‘Excellence in Agri-warehousing Award at the prestigious Confederation of Indian Industry (CII) Supply Chain and Logistics Excellence (SCALE) Award yet another year, reinforcing its position as a trailblazer in the industry.  Considered a coveted award in the logistics industry, the CII SCALE Awards was instituted to encourage, acknowledge, and recognize organisations that follow and succeed with best supply chain practices.

The jury recognised SLCM for its agile, Infrastructure agnostic, and scientific warehousing capabilities, powered by a state-of-the-art Phygital approach that enables them to improve operational excellence, bring transparency in the end-to-end collateral management process along with mitigate risk efficiently.

This award underscores the company’s dedication to investing in the “Unified Post-Harvest Agri-Logistics Platform” by consistently fostering innovation and introducing new products and services under an integrated interface that meets the evolving needs of the Agri supply chain sector.

Speaking on the occasion, Sandeep Sabharwal, Group CEO of SLCM, expressed, “We are deeply honoured to receive the CII SCALE Award once again. This achievement is a reflection of the relentless efforts of our dedicated team and the trust placed in us by our clients and partners. Being a market leader in the Agri industry, we are committed to making sustained efforts towards laying a robust Phygital infrastructure with a culmination of cutting-edge technology and an expansive physical network of establishments and this recognition encourages us to continue driving innovation in the industry. Our journey is built on the core values of integrity, customer-centricity, and excellence, and we will continue to focus on scaling our business to meet the evolving needs of the Agri-commodity sector.”

SLCM’s continued recognition underscores its strategic approach to enhancing operational capabilities, leveraging cutting-edge technology, and fostering deep partnerships across the agricultural and corporate sectors. By optimizing collateral management processes, SLCM plays a crucial role in supporting farmers, traders, and corporations in achieving greater efficiency and minimizing risk and ensuring better financial access for the entire agricultural ecosystem.

 The award recognises SLCM for its agile,

Agribusiness, Company News, India, People, Supply Chain, Warehousing

Gurinder Singh Sehmbey has been recognised as one of the 50 Most Influential Rural Marketing Leaders.

 Kissandhan Agri Financial Services (Kissandhan), a multi-asset NBFC for farm community and a wholly owned subsidiary of Sohan Lal Commodity Management Pvt. Ltd. (SLCM) announced the appointment of Gurinder Singh Sehmbey as its Chief Executive Officer. This strategic decision marks a pivotal moment in the Kissandhan’s trajectory, propelling it towards growth and success.

With a career spanning nearly three decades and recognized as one of the 50 Most Influential Rural Marketing Leaders, Gurinder Singh Sehmbey emerges as a beacon of visionary leadership, bringing his wealth of expertise and strategic insight in business development with hands-on experience in cultural and economic affairs across the NBFCs and sectors. Previously, he held top management positions in large companies such as SV Creditline, Poonawalla Fincorp, Agriwise FinServ, Religare Finvest Ltd, and Magma Fincorp.

A well-known veteran and growth facilitator in the industry, his expertise is in agricultural financial solutions including SME loans, Agri loans, Micro-LAP, auto-lease to name a few. He has been passionate about innovating state-of-the-art products to empower MSMEs and progressive farmers to enhance their income and living conditions. Gurinder has represented various forums on agriculture financing and has been part of FICCI and FIDC committees for NBFCs.

Gurinder Singh Sehmbey as CEO will spearhead Kissandhan towards new heights of excellence by providing ‘Global standards in the Agri financing space’ guided by a commitment to innovation, strategic growth and customized solutions.

On the appointment, SLCM Group CEO, Sandeep Sabharwal expressed his enthusiasm, stating, “The entire team at SLCM Group is excited to work towards the next phase of growth with Gurinder Singh Sehmbey as their CEO of Kissandhan. His profound understanding of the SME value chain, farmer producer organizations (FPOs), and allied Agri-income sectors will complement Kissandhan’s strategies and help the company maintain its strong growth momentum. We look forward to achieving new milestones under his leadership.”

In response to his appointment, Gurinder Singh Sehmbey commented, “I am deeply honored to join Kissandhan at this transformative juncture in its growth trajectory. The company’s commitment to fostering inclusive and sustainable financial solutions resonates deeply with me. Leveraging my experience in SMEs, FPOs, and allied agri-income sectors, I aim to bridge critical gaps in agri-financing and enhance access to credit for those at the grassroots level. Our primary goal is to strengthen the Agri-financing ecosystem, promote gender equality, and encourage farmers across the country to grow their produce with a sustainable approach”.

Gurinder Singh Sehmbey has been recognised as

Agribusiness, Company News, India, People, Supply Chain, Warehousing

Arora is EM of Central Vigilance Commission and Former Director General Military Engineer Services.

 Sohan Lal Commodity Management (SLCM) Group, India’s largest Agri-logistics player and warehouse service provider for agricultural commodities, has announced the appointment of former Director General, Military Engineer Services, Arvind Kumar Arora, as an Independent Director.

 Arvind Kumar, a veteran techno-legal professional, who played a key role in bolstering the defence infrastructure of the country, brings to the SLCM’s board more than 45 years of 360⁰ experience in public Infrastructure, monitoring Integrity in public procurement, vigilance, dispute resolution and corporate governance.

His appointment complements SLCM’s growth journey, which is propelling transformational changes in the Indian Agri space. Welcoming the stalwart on board, SLCM Group CEO, Sandeep Sabharwal stated, “SLCM Group wholeheartedly welcomes Arvind Kumar as an Independent Director. He has in-depth knowledge of government departments, PSUs and private players, thus bringing an unparalleled experience to our group. The directors, management team and I greatly look forward to working with him and continuing to deliver SLCM’s mission to transform post-harvest management in the Agri domain with cutting-edge technologies & solutions, empowering our farming fraternity with easy financial services and enabling food security for all.”

About his latest role at SLCM Group, Arvind Kumar expressed, “I am honoured to be joining SLCM which has cemented its leadership position in the Agri industry. My experience at the Ministry of Defence along with public infrastructure execution, procurement, vigilance, dispute resolution and corporate governance will ensure that we create great strategies for the Agri sector. The ultimate goal is to elevate the Agri industry with the help of technology and ensure that every stakeholder can reap its benefits.”

Notably, Arvind Kumar has, post his retirement, held pivotal positions in several government committees, and has been entrusted with several responsible assignments by the Government of India. His post-retirement stints include working with CPSUs, including serving as Independent Director of BEML Limited, a category-1 Mini Ratna Central PSU and Independent External Monitor for Department of Telecom, CPWD and HLL Infratech Services as nominated by Central Vigilance Commission for monitoring integrity pact of high value Government contracts. He currently serves on the Arbitral panels of a large number of High Courts, Arbitration Institutions and Government Organizations, besides being on the panel of Ministry of Road Transport and Highways as Independent Quality Auditor for Highways and Border roads.

 

Arora is EM of Central Vigilance Commission

Company News, Finance, India, Supply Chain, Warehousing

Till date, Kissandhan has disbursed loan of more than Rs 2700 Crores and impacted about 6 lakhs plus farmers, Agri traders, Agri Processors, etc.

In another major development, SLCM Group has announced that it has disbursed more than Rs 84.80 Crore to over 19,000 women entrepreneurs till FY22-23 through Kissandhan’s BC (Business Correspondent) Partnership Lending Programme’. The company has onboarded about 10,000 women beneficiaries in the last five months, which not only exhibits a substantial increase in the program’s reach but also indicates the growing scope for women farmers to improve their social and economic stability.

Sandeep Sabharwal, CEO of SLCM Group, said, “We strive to significantly impact the lives of small farm holders and their families. During our analysis, we observed that women’s participation in the agriculture and allied sectors is still meagre, mainly due to a lack of access to credit and empowerment to establish stability. We also noticed women lack decision-making power despite owning land in their name. Women in agriculture earn only 70 per cent of men’s wages, which strongly indicates gender inequality in this space. The launch of Kissandhan Agri Finance business unit is intended to address this pressing issue and ensure that women in our country lead a socially and financially stable life.”

Naresh Kumar, Chief Business Officer, Kissandhan, said, “Crossing the milestone of 19,000+ women loan beneficiaries is a proud moment for all of us at SLCM Group. We aim to double this number in the coming times. Kissandhan is our way of recognizing women farmers for the hard work they do for their livelihood. This underlines our commitment to empowering women through access to adequate capital.”

‘Business Correspondents (BCs)” are representatives appointed by banks/financial Institutions who act as their agents and provide financial services in remote locations where banks are not present. The average ticket size of such loans is Rs. 40,000 per borrower. Till now, Kissandhan has managed to disburse an amount of 80 Crore. to help the women beneficiaries. Till date, Kissandhan has disbursed loan of more than Rs 2700 Crores and impacted about 6 lakhs plus farmers, Agri traders, Agri Processors, etc.

Sohan Lal Commodity Management (SLCM), India’s leading comprehensive service provider in the global post-harvest space for agricultural commodities. Kissandhan serves farmers, joint liability groups, small and medium-sized enterprises, commodity traders, processors, exporters, importers, and other Agri intermediary in India.

Till date, Kissandhan has disbursed loan of

AgroPolicy, Finance, Foodgrains

This association will connect traders and processors with six leading private and public sector banks of India through SLCM Group.

Sohan Lal Commodity Management (SLCM), India’s leading holistic service provider in the global post-harvest space for agricultural commodities has signed an agreement with the Tamil Nadu Foodgrains Marketing Yard (TFMY) in order to provide finance against commodities stored in the TFMY warehouse facility.

Tamil Nadu Foodgrains Marketing Yard (TFMY) is a unique project that aims to provide necessary infrastructures for Cereals, Pulses and Staples (CPS) for Milling Cluster in and around Madurai. The project is being implemented under the Chairmanship of S Rethinavelu, Chairman and Managing Director. He is also the Senior President of Tamil Nadu Chamber of Commerce & Industry, Madurai.

The traders and processor can stockpile their produce in the warehouse and apply for finance against warehouse receipts.

Commenting on the association, Sandeep Sabharwal, Chief Executive Officer, SLCM Group, said, “The agreement with TFMY is a major step towards promoting the ease of financial inclusion for Agri traders and processors. Our strong relations with six leading private and public sector banks of India will be pivotal in enabling easy access to financial help for commodity depositors in warehouse. We are humbled that the Tamil Nadu government has placed its confidence in us.”

SLCM will be monitoring the goods and crops stored against each individual depositor using its proprietary solution ‘AgriReach’ that allows real-time monitoring and management of crops and in specific SLCM will be using its cutting edge technology of surveillance ‘Agri Suraksha’ which is part of the Agri Reach umbrella for monitoring, staff interaction, as well as surveillance of the selected warehouse. The organisation’s corporate headquarters in New Delhi are equipped to provide round-the-clock monitoring of produce across the country via mobile phones, handhelds, computers, etc.  

This association will connect traders and processors