Although we started primarily as an agricultural warehousing and collateral management company, we have recognised the business opportunities arising from existing inefficiencies and challenges. We have built a ‘phygital’ platform across the agricultural value chain and an integrated marketplace, connecting stakeholders through deep linkages, aligning with our “sourcing to settlement” philosophy. We are playing a key role in the formalisation of the agricultural sector in India by leveraging technology, trust, and networks. These are fundamental to the services we provide across the agricultural value chain.
India’s agricultural sector has embarked on an impressive expansion journey, exhibiting an encouraging average annual growth rate of 4.2% from Fiscal 2019 to Fiscal 2024. The agri-warehousing market in India is poised for substantial growth, with an anticipated capacity of approximately 220 MMT by Fiscal 2024, representing a remarkable 17% increase from its capacity of 188 MMT in Fiscal 2019. A surge in agricultural production, rising disposable incomes, and an escalating demand for processed foods are the driving forces behind this expansion.
The Indian agriculture sector indicates a robust expected CAGR growth rate of nearly 4.9% between Fiscal 2023 and Fiscal 2028 and is poised to propel the market to an approximate value of $580.82 billion by Fiscal 2028. However, the Indian agriculture sector is fraught with several inefficiencies and challenges across the value chain.. India suffers from significant post-harvest losses, particularly in dry commodities such as grains and pulses, amounting to approximately 4-10%, with total post-harvest losses estimated at ₹1,530 billion annually.
Exploring emerging international markets
We have expanded our business branches to significant parts of Africa, Singapore & Dubai. We have collaborated with private-sector entities and government institutions in these countries to establish a robust presence and achieve faster growth in these markets.
