Business Today

A New Farm Deal

One of the problems that agri-business major ITC faced during the initial weeks of the Covid lockdown was labour shortage and limited availability of trucks. Instead of waiting for the situation to improve, the company carried out new supply chain interventions such as multi-point rake movements, loading containers directly from villages and mandis and coastal container movement. Even bag-less supply chain (loose grains) was tried out, says S. Sivakumar, Group Head, Agri and IT Businesses, ITC.

For the company, such a crisis might have been temporary, but for Indian agriculture, it remains one of the biggest perennial problems. The ability to ensure remunerative prices to farmers, handling of post-harvest produce with minimum losses, maximising value addition and transporting fresh produce and processed food seamlessly within the country and abroad have been the

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today9 min read
High steaks
NIHARI NOOK, SHAWARMA Square and Salami—these are the names of conference rooms at the Bengaluru headquarters of gourmet meat delivery brand Licious. Housed in Domlur, in the eastern part of the Garden City, everything in the office is about meat: Be
Business Today1 min read
Bullion Bulls
SOURCE: MCX, CMIE ECONOMIC OUTLOOK, COMMTRENDZ RESEARCH For a related story, turn to P82 Return (YTD) delivered by gold in 2024 as of June 6, 2024, compared to 10% a year ago Surge in silver prices in 2024 so far, compared to 6% in the corresponding
Business Today1 min read
Aim And Purpose
Support economic growth through collaboration on projects Share training and research facilities for education and technical projects Work together for economic and social well-being Work together to support national development plans of member state

Related Books & Audiobooks