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HomePosts Tagged "supply chain" (Page 3)
Agrotech, Start ups

The company aims to nurture innovation by blending start-up ingenuity with our expertise to deliver transformative solutions in the food and agri space

YES Bank, one of the fastest growing banks in India has announced the launch of an annual start-up enabler programme ‘Yes Bank Agri Infinity’ on February 14, 2022. The programme seeks to co-develop digital financial solutions for the food and agriculture ecosystem by mentoring entrepreneurial ventures in the sector. Starting from February 14, 2022 to March 31, 2022, the programme will last up to six months.

Yes Bank Agri Infinity is an Agri-Fin-tech enabler programme, tailor-made for co-evolving and accelerating innovative, tech enabled, digital financial solutions in the Indian food and agri domain.

Through this programme, the company aims to nurture innovation by blending start-up ingenuity with our expertise to deliver transformative solutions in the food and agri space.

Programme highlights:

  • Access to YES BANK’s digital banking infrastructure and robust customer network
  • Mentoring by senior banking professionals on credit scoring models, risk assessment and risk mitigation
  • Opportunity to work with Bankers to design and prototype innovative digital financial solutions
  • Project Partnership for piloting new innovative solutions
  • Strategic Support in investment pitch and fund-raising advisory
  • Analysis of start-up’s current digital financial solutions/cash & transaction management and Hands-on advice on implementation of financial solutions from a banking perspective
  • Equity infusion in select start-ups with matching value propositions

“As part of the Agri-Fin-tech enabler programme, early as well as growth-stage start-ups interested in exploring tech-enabled financial innovations in the Agri space are invited to apply with their proposals,” Yes Bank said in a statement.

The company aims to nurture innovation by

AgroPolicy, Interaction

Acharya Devvrat, Governor of Gujarat underlined the components of the natural farming like use of Bijamrut, Jeevamrut, Ghan Jeevamrut, Mulching and multiple cropping systems

The ICAR-Agricultural Technology Application Research Institute, Pune, Maharashtra organise Virtual Sensitisation Workshop on “Natural Farming for Healthy Nation for Krishi Vigyan Kendras” on February 10, 2022.

Inaugurating the Workshop, the Chief Guest, Acharya Devvrat, Governor of Gujarat underlined the components of the natural farming like use of Bijamrut, Jeevamrut, Ghan Jeevamrut, Mulching and multiple cropping systems. He stressed that by using these methods, the natural farming can be done without affecting the yield and dependency on the import of agriculture fertilisers and other inputs can be reduced.

Devvrat highlighted the concept and philosophy of the natural farming. He stated that the natural farming helps in reducing the cultivation cost, enhancing the soil fertility and yields and protecting from uncertainties of climate change by adopting agro-ecology based principles.

The Special Guest, Jagdish Vishwakarma Panchal, Minister of State for Cooperation and Cottage Industries, Government of Gujarat underlined the Department’s working towards providing the marketing facilities to the farmers practicing natural farming in the state. He also urged the participants for taking the concept of natural farming at the village level too.

Dr CK Timbadia, Director of Extension Education, Navsari Agriculture University, Navsari, Gujarat outlined the success of forming the natural farming groups and master trainers for orienting the farmers and development functionaries.

Acharya Devvrat, Governor of Gujarat underlined the

Interaction, Supply Chain

The main objective of the MoU is to develop a start-up programme on Mud Crab Seed Production

The ICAR-Central Institute of Brackishwater Aquaculture, Chennai has signed Memorandum of Understanding (MoU) with Aqgromalin Farmtech Service Private Limited, a Farm Diversification Corporate Business Enterprise in Chennai on February 7, 2022.  

Dr K P Jithendran, Director, ICAR-CIBA, Chennai and Prasanna Manoharan, CEO, Aqgromalin signed the MoU on behalf of their organisations.

Dr Jithendran regarded the Mud Crab Farming as an economically viable production system and a potential species for the diversification. He said that as the stock-able size crab seed production is the critical gap, therefore, there is an urgent need for the transfer of the Mud Crab Nursery Seed Production Technology to the farmers.

The main objective of the MoU is to develop a start-up programme on Mud Crab Seed Production and scaling-up of the Mud Crab Farming with a supply chain.

The main objective of the MoU is

Finance

Benson Hill will release its financial results for the fourth quarter and full year ending December 31, 2021 

Benson Hill, a provider of crop design platform to develop healthier and more sustainable food and ingredients has announced recently that it will release its financial results for the fourth quarter and full year ending December 31, 2021 and provide guidance for 2022, before market open on March 28, 2022.

The Company will host a webcast to discuss the results at 8:30 am. Eastern Time, including a presentation by management followed by a Q&A session.

Benson Hill moves food forward with the CropOS platform, a cutting-edge food innovation engine that combines data science and machine learning with biology and genetics. 

Benson Hill will release its financial results

Supply Chain

Nisun will efficiently transport products from ADM factories to designated locations across China

Nisun International Enterprise Development Group Co, a provider of innovative comprehensive solutions through integration of technology, industry, and finance, announced Liaogang Nisun (Yingkou) Supply Chain Management Co, a subsidiary of Fintech (Shanghai) Digital Technology and a controlled affiliate of the Company, has signed a strategic cooperative with ADM (Shanghai) Management, a subsidiary of Archer-Daniels-Midland Company (ADM), a global premier agricultural origination and processing company. The two parties will work together on supply chain transportation services to empower the high-quality development of the agricultural supply chain industry.

Nisun is dedicated to improving management efficiency and quality of agricultural supply chain projects and promoting the dynamic circulation of the agricultural chain. The cooperation is an important milestone for Nisun. Under this agreement, Nisun will help efficiently transport products from ADM factories to designated locations across China.

Nisun will efficiently transport products from ADM

Finance, Transportation

Sonalika has sold 1,05,250 tractors in April-December 2021.

Carrying forward the strong momentum built throughout FY’21, Sonalika Tractors has breached past 1 lakh tractor sales mark in just 9 months (April-Dec’21) of FY’22, thereby charting the path to a new paradigm in 2022. Meanwhile, Sonalika has also entered the coveted club of 25,000+ export tractor sales in 9 months, a unique feat which remains a distant dream for many companies globally. Sonalika has further extended its lead in exports with 3,432 tractor sales and 31.2 per cent market share in December 2021.

Cumulatively, Sonalika has sold 1,05,250 tractors in Apr-Dec 2021. Year after year, Sonalika Tractors has been fast forwarding its sales performance of crossing 1 lakh tractors mark. The company has been manoeuvring through toughest of COVID-19 waves while addressing farmer’s critical requirements with superior technology powered tractors and implements. This also includes the recently launched Sonalika Tiger DI 75 4W CRDs tractor that delivers twin benefits in one tractor – the power of 75 HP tractor and fuel economy of 65 HP tractor. 

Sharing his viewpoint on the remarkable achievement, Raman Mittal, Executive Director, Sonalika Tractors, said, “It gives me great pleasure to announce that we have created a new record sales performance to breach the 1 lakh tractor sales mark in just 9 months of FY’22. Month after month, our strong focus on our mission and persistent approach of closely working with farmers while addressing their diverse needs, has enabled us to clock the extraordinary record 1,05,250 overall tractor sales within 9 months of FY’22 (April-Dec’21).

Sonalika has sold 1,05,250 tractors in April-December

Biofuel industry, Environment, Supply Chain

Summit Carbon Solutions is developing the largest carbon capture and storage project in the world

Summit Carbon Solutions has announced a new partnership with Northern Plains Nitrogen (NPN) in its carbon capture and storage project, which is focused on decarbonising the agriculture and biofuels industries.

NPN is developing a world-scale blue ammonia plant near Grand Forks, North Dakota, which will supply a range of low carbon nitrogen-based fertilizer products to farmers in under-served markets in the northern United States and Canada.  The project site has been acquired and necessary permits have been received to begin site work.

Summit Carbon Solutions is developing the largest carbon capture and storage project in the world, which will have the capacity to capture and permanently store 12 million tons of carbon dioxide every year.

“NPN and Summit Carbon Solutions share the same goal of lowering the carbon footprint of agriculture while supporting farmers,” said Jim Pirolli, Chief Commercial Officer of Summit Carbon Solutions. 

NPN will capture 500,000 tons per year of carbon dioxide emissions, which Summit Carbon Solutions will transport and store permanently in central North Dakota. 

North Dakota Governor Doug Burgum said, “As the first state in the nation to achieve primacy over carbon capture permitting, North Dakota is well-positioned to lead the nation in carbon capture, utilisation and storage. We’re grateful for this investment by Northern Plains Nitrogen and Summit Carbon Solutions as we seek to grow our agriculture, energy and bio-fuels industries with environmental stewardship and positive economic impact for generations to come.”

Summit Carbon Solutions is developing the largest

Company News, Inputs, Machinery - Pre-harvesting, Machinery – Post-harvesting

The autonomous tractor will be available to farmers later this year.

John Deere, an American corporation that manufactures agricultural machinery, heavy equipment, forestry machinery, diesel engines, has revealed a fully autonomous tractor at CES 2022, that’s ready for large-scale production. The machine combines Deere’s 8R tractor, TruSet-enabled chisel plow, GPS guidance system, and new advanced technologies. The autonomous tractor will be available to farmers later this year.

The autonomous tractor serves a specific purpose: feeding the world. The global population is expected to grow from about 8 billion to nearly 10 billion people by 2050, increasing the global food demand by 50 per cent. All of these factors impact a farmer’s ability to farm during the most critical times of the year.

  • The autonomous tractor has six pairs of stereo cameras, which enables 360-degree obstacle detection and the calculation of distance.
  • The autonomous tractor is also continuously checking its position relative to a geofence, ensuring it is operating where it is supposed to, and is within less than an inch of accuracy.

To use the autonomous tractor, farmers only need to transport the machine to a field and configure it for autonomous operation. Using John Deere Operations Centre Mobile, they can swipe from left to right to start the machine.

John Deere Operations Centre Mobile provides access to live video, images, data and metrics, and allows a farmer to adjust speed, depth and more.

The fully autonomous tractor will be on display from January 5-8, 2022 at John Deere’s CES booth, located in Central Plaza at the Las Vegas Convention Centre.

The autonomous tractor will be available to

Agrotech, Dairy, Supply Chain

The collaboration is aimed at helping organisations across the large, in-country supply chain leverage innovative technologies designed to meet regulatory and consumer demands.

PerkinElmer Inc, a global leader committed to innovating for a healthier world, has announced a collaboration with Everest Instrument as its head dairy solutions distributor in India. Everest Instruments is a leading, advanced automation, digital solution, and device provider for the Indian dairy industry. The collaboration is aimed at helping organisations across the large, in-country supply chain leverage innovative technologies designed to meet regulatory and consumer demands, like the recently announced PerkinElmer IndiScope FT-IR raw milk analyser.

Commenting on the value that the collaboration will bring to customers, Shripad Joshi, president, PerkinElmer India & South Asia, said, “India is the world’s leading producer of milk and the Indian government is promoting quality production through intensive infrastructure development and dairy development programmes. Our exciting connection with Everest Instruments will help us further assist India’s dairy industry as it looks to meet growing regulations and ever-evolving consumer demands more effectively and efficiently. Our new IndiScope analyser, for example, developed in India and available globally, establishes key quality indicators and detects adulterants right at milk collection points in just 30 seconds.”

PerkinElmer’s dairy and milk testing portfolio covers composition testing, as well as detection of veterinary residues, adulterants and pathogens in liquid and solid forms, spanning from collection points through processing and food production plants.

The collaboration is aimed at helping organisations

Supply Chain

Under the agreement, Nisun will provide Biandijin with procurement services for grain and oil products.

Nisun International Enterprise Development Group, a provider of innovative comprehensive solutions through an integration of technology, industry, and finance, has announced that it has signed a cooperative supply chain agreement with Henan Huangchuan Biandijin AGRI-FOOD (Biandijin). Under the agreement, Nisun will provide Biandijin with procurement services for grain and oil products, including rice, millet, mung bean, sesame and flour, among others.

Biandijin is a comprehensive grain processing enterprise that engages in the purchase, processing and sale of grain and oil products. It serves retail customers through grocery chains in Henan province and well-known domestic enterprises, such as Sanquan Food and Synear Food, through cooperation.

With the agriculture industry as one of its core service segments, Nisun implements a comprehensive digital management process from procurement, warehousing, logistics, sales to operations in providing solutions to the grain and oilseeds supply chain, a sub-sector of agri-food industry chain. Under the agreement, Nisun will leverage its advanced technology, equipped with risk control measures, to serve Biandijin with professional, high-quality, end-to-end supply chain products with a digitalised, networked and standardised operating model. Simultaneously, Nisun will help Biandijin address challenges attributable to increased demand for grain and oil products through centralised procurement. In addition, through Nisun’s systematic management and effective control over core points in supply chain, Biandijin will be able to further expand, enhance competitiveness and achieve sustainable growth.

Under the agreement, Nisun will provide Biandijin

China

The latest order for dried mushroom slices is from one of the company’s long-term customers.

Farmmi, Inc, an agriculture products supplier in China, has announced the that the company’s subsidiary Zhejiang Farmmi Biotechnology, has won another new repeat product order. The latest order for dried mushroom slices is from one of the company’s long-term customers, which will export Farmmi’s products to Southampton, England.

Yefang Zhang, Farmmi’s Chairwoman and CEO, commented, “This is another important win for us. It continues the meaningful sales growth trajectory we have been building all year as we leverage our increased investments in sales and marketing to build our global brand, and it also benefited from our consistent product availability due to our strong supply chain relationships. This latest win serves as an example of our successful strategy of working alongside our customers to support them across our broader product line as part of our efforts to increase revenue per customer, while also nurturing the relationships that will drive our longer-term success.”

The latest order for dried mushroom slices

Supply Chain

Experts will guide on supply chain management and agri- value chains in the workshop

The 12th AGROVISION, India’s Premier Agri Summit, scheduled from December 24-27, at Reshimbagh Ground, Nagpur, will initiate a free workshop on “Food processing and Supply chain management in agriculture”.

As Agriculture witnesses new innovations & technology, it becomes important to understand the Value Chain & Supply Chain involved in Food Processing & Agriculture. In the workshop at Agrovision 2021, the experts will guide the farmers on food processing and supply chain management in agriculture.

Agrovision has completed 11 years of its march and brought about a profound impact on the farm economy of Central India.  Agrovision was conceived in the year 2007 to create a common platform for the farmers, industry, and government and bring together every important entity in agriculture to create a better future for the farmers. The vision of Agrovision is to create a more knowledgeable, practical and a smart famer.

Farmers from in and around Vidarbha and adjoining states will be participating in the event this year. Apart from this, there will be free interactive workshops for farmers. Conferences on current issues in agriculture and allied agri sectors will be held. Around 400 exhibitors are likely to participate in the event.

The exclusive media partner is Agro Spectrum India along with BioSpectrum India and Nufoods Spectrum India. MM Activ Sci-Tech Communications is the organiser of the event.

Experts will guide on supply chain management

Supply Chain

It is anticipated that India’s rice exports in 2021-22 would likely surpass the record feet of 17.72 MT achieved in 2020-21

In 2020-21, India’s rice exports (Basmati and Non-Basmati) rose by a huge 87 per cent to 17.72 Million Tonne (MT) from 9.49 MT achieved in 2019-20. In terms of value realisation, India’s rice exports rose by 38 per cent to $8815 million in 2020-21 from $6397 million reported in 2019-20. In terms of rupees, India’s rice export grew by 44 per cent to Rs 65298 crore in 2020-21 from Rs 45379 crore in the previous year.

In the first seven months of the current financial year (2021-22), India’s rice exports rose by more than 33 per cent to 11.79 MT from 8.91 MT achieved during April-October, 2020-21. It is anticipated that India’s rice exports in 2021-22 would likely surpass the record feet of 17.72 MT achieved in 2020-21.

In 2020-21, India shipped non-basmati rice to nine countries – Timor-Leste, Puerto Rico, Brazil, Papua New Guinea, Zimbabwe, Burundi, Eswatini, Myanmar and Nicaragua, where exports were carried out for the first time or earlier the shipment was smaller in volume.

India’s Non-Basmati rice exports were valued at $4796 million (Rs 35448 crore) in 2020- 21, with Basmati Rice exports a close second at $4018 million (Rs 29,849 crore).

In terms of volume of Basmati rice exports in 2020-21, top ten countries – Saudi Arabia, Iran, Iraq, Yemen, the United Arab Emirates, US, Kuwait, UK, Qatar and Oman have a share of close to 80 per cent in total shipments of aromatic long-grained rice from India.

The top ten countries – Nepal, Benin, Bangladesh, Senegal, Togo, Cote D Ivoire, Guinea, Malaysia, Iraq, United Arab Emirates – have a share of 57 per cent in India’s total exports of non-Basmati rice in 2020-21 in terms of volume.

The sharp spike in rice exports especially during a phase where globally the COVID19 pandemic has disrupted supply chain of many commodities has been attributed to the government taking prompt measures to ensure exports of rice and other cereals while taking all the COVID19 related safety precautions.

“India continues to supply rice to the global market thus ensuring food security in many countries while many countries are stockpiling in anticipation of logistical disruption because of COVID19 pandemic,” said Dr M Angamuthu, Chairman, Agricultural and Processed Food Products Exports Development Authority (APEDA). 

APEDA has helped improving port handling facilities at Kakinada, Vishakhapatnam, Chennai, Mundra and Krishnapatnam and Paradip, thus boosting rice exports.

It is anticipated that India’s rice exports

Packaging & Labelling, Supply Chain

Nanoparticle-based materials offer a greater advantage over conventional and non-biodegradable packing materials

Researchers at the National Institute of Technology (NIT) Andhra Pradesh, collaborating with other institutes, have demonstrated how the concept of nanotechnology can be used to develop food packaging materials that enhance the shelf-life, maintain quality, retain the flavour and colour of packed food materials. 

Nanoparticle-based materials offer a greater advantage over conventional and non-biodegradable packing materials by enhancing the functional properties of foods such as bio-availability, taste, texture, flavour, and shelf-life. Additionally, nanomaterials in the form of sensors can be employed to maintain the temperature, detect pathogens, pesticides, toxins, and other chemicals in packed foods.

The research also discusses the role of various government agencies in addressing the safety issues, bringing the legislation and regulations on the use and application of nanomaterials. It highlights how bio-based polymers can be blended with nanoparticles to make more efficient and effective packing materials.

Researchers have also emphasised how confidence can be built among the consumers by maintaining transparency in evaluating the effects of nanoparticles on humans and the surrounding environment and accentuated how researchers and industries should develop products that can easily get public acceptance. If the safety and security issues get addressed, nanotechnology will revolutionise the food processing and packaging industry to a great extent and minimise food wastage.

Nanoparticle-based materials offer a greater advantage over