15, Feb 2023
Digital lending to surpass traditional lending on unsecured loans by 2030: Experian India

Hyderabad/ Mumbai, 15 February 2023: The fintech revolution is likely to spur digital lending in India, which is expected to surpass traditional avenues of lending by 2030. This will be driven by deeper inroads being made in the unsecured small-ticket size segment and the secured collateral-based high-ticket size market, according to the latest white paper Fintech-led Digital Lending: Coming of Age by Experian India in collaboration with the Digital Lending Association of India (DLAI).

Experian India analysed the role of fintech-led digital lending in reducing the credit gap, which drives credit coverage and financial inclusion. The research provides key predictions on the digital lending landscape till 2030, providing valuable takeaways across the digital lending ecosystem, including the digital lending industry, key stakeholders, and regulators. As co-lending becomes the predominant operating model in India, more traditional lenders will collaborate with fintechs to reach a higher degree of maturity and amalgamation of core competencies.

Delving deeper into the transformative changes ushered in by the fintech industry, Fintech-led Digital Lending: Coming of Age discusses how digital lending has provided a superior customer experience by reducing the turnaround time for credit applications. The research found that fintechs have significantly helped reduce geographical disparities in the credit supply.

Commenting on the key findings, Saikrishnan Srinivasan, Managing Director, Experian Credit Information Company of India, says: “Our research delves into how fintech-driven digital lending can help bridge the credit gap in India. Traditional lenders have always dominated asset-backed lending. With increased digitisation, this segment may become accessible to fintech lenders, allowing them to capture a sizeable portion of the lending pie. At Experian, we are committed to strengthening the credit ecosystem and driving financial inclusion.”

Siddharth Mahanot, Chairperson – Knowledge Committee, DLAI, says: “With the release of this whitepaper, we are excited to offer a comprehensive look into the impact of fintech-led digital lending in India. This report represents our joint efforts with Experian to assess the impact of the digital lending ecosystem.”

The Indian credit market has undergone significant changes over the last few years, and this trend is likely to accelerate further in the near future. The research highlights that the next 100 million customers are likely to have a vastly different profile and expectations than those currently in place. While digital lenders have responded well to automating the credit decisioning process and enhancing the onboarding experience, the evolving landscape will challenge the fintech companies in the next wave of growth. For MSME borrowers seeking business loans, those with credit scores higher than 700 are catered to more by fintechs than by other lenders, paving the way for the co-lending model to flourish.

The white paper offers key recommendations and guidance for the fintech sector and predicts that pivotal players of the future will be the ones able to harness the power of analytics and technology to provide a superior experience in an embedded manner. For example, open data will become wider in scope, creating a level playing field for fintechs with traditional lenders. In a similar vein, big technology organisations will also play a greater role. However, as fintechs become systematically important in catering to credit demand, they are likely to come under greater regulatory supervision, and need a significantly higher investment in compliance, cyber security, and other business critical functions. Fintechs will also need to focus on funnel optimisation for sustainable growth. In this respect, portfolio monitoring and cross-selling will assume lot of importance.

15, Feb 2023
Why Upholstered Furniture is trending?

Upholstered furniture refers to any piece of furniture that is covered in fabric or other soft materials, such as leather or suede. This type of furniture can include sofas, chairs, ottomans, and even headboards for beds. The purpose of upholstered furniture is to provide comfort and a finished, polished look to the piece.

The Sleepyhead brand is known for its high-quality upholstered furniture. They have various styles to choose from that are modern, and contemporary. Sleepyhead’s upholstered furniture is made with only the best materials, including premium fabrics and high-density foam cushions. This ensures that their furniture is not only stylish but also durable and comfortable.

One of Sleepyhead’s most popular upholstered furniture pieces is their sofas. They offer a variety of colours and patterns, making it easy to find a sofa that will match the decor of any room.

There are several reasons why someone may choose to purchase upholstered furniture, including comfort, style, and durability. Upholstered furniture, such as sofas and chairs, typically have cushioned seats and backs, making them more comfortable to sit on. They also come in a variety of styles and designs, so they can be easily incorporated into a room’s decor. Additionally, upholstered furniture is often more durable than other types of furniture and can last for many years with proper care.

Hence, this article covers everything you need to know about the upholstered furniture and their benefits:

  1. Comfort: Upholstered pieces are typically padded, which can make them more comfortable to sit on than hard, wooden or metal pieces.
  2. Variety of styles: Upholstered furniture comes in a wide range of styles, from traditional to modern, which can make it easy to find pieces that match the aesthetic of a room.
  3. Customizable: Many upholstered pieces can be custom-made to fit specific dimensions, which can be useful for smaller spaces or for people with specific needs.
  4. Variety of fabrics: There are many different types of fabrics that can be used for upholstering furniture, including natural fibres such as cotton and wool, as well as synthetic materials like microfiber and polyester. This allows for a wide range of options in terms of durability, texture and pattern.
  5. Versatility: Upholstered furniture can be used in a variety of rooms in the house, including living rooms, bedrooms, and home offices.
  6. Protection: Upholstered furniture can protect the hard frame of furniture from wear and tear and keep it in good condition for a longer time.
15, Feb 2023
Indian Culinary Forum to host 15th edition of Culinary Art India at AAHAR International Fair 2023

New Delhi: The 15th edition of Culinary Art India (CAI) 2023, a professional culinary challenge, will be hosted by Indian Culinary Forum (ICF) at Pragati Maidan, New Delhi, and will be integrated with the exhibition area of AAHAR International 2023, providing an excellent opportunity for budding chefs to showcase their culinary skills and share their knowledge with other contestants.

Culinary Art India is ICF’s signature event with the mission of honoring, educating, and celebrating chefs who are worthy and deserving of recognition, as well as providing them with the necessary exposure to showcase their culinary skills and knowledge.

Culinary Art India 2023, the 15th culinary contest and display excellence challenge, is hosted by Indian Culinary Forum and organized by ITPO and Hospitality First. The CAI is held in conjunction with the 37th edition of AAHAR International fair 2023, the International food, hospitality, and beverages tradeshow, which runs from March 14 to March 18, 2023 on the first-floor foyer, hall number 5, Pragati Maidan, New Delhi.

This professional culinary challenge is expected to draw national-level participation from senior and apprentice chefs from India competing on an internationally modeled platform. The CAI’s primary goal is to create a professional platform where culinary professionals from all over India can showcase their individual and combined skills, creative talent, learn, share experiences, partner, and network in a purely business-like and competitive environment.

During its 15th edition, Culinary Art India (CAI) will return to the national capital for food lovers to witness live demonstrations by over 300 renowned chefs demonstrating their excellent cooking skills.

“Indian Culinary Forum has set the standard for culinary competitions in India. The hospitality industry has also undergone significant change, with new trends in lodging, food and beverage concepts, and super specialty restaurants. Despite this, food is and will always be at the heart of this industry; ICF took the lead to start Culinary Art India fourteen years ago, where chefs are given a platform to demonstrate their culinary skills as well as help them improve to meet international standards. This experience has not only provided fellow chefs with excellent exposure to showcase their culinary skills but also to learn and share their culinary knowledge with other contestants,” said Davinder Kumar, president of the Indian Culinary Forum.

“I would like to assure all participants and members of total transparency through structured rules, regulations, systems and a panel of WACS-certified judges. The ICF will continue to strive to bring our fraternity closer together and to encourage the betterment of the culinary profession through improved education, related industry events, and collaboratively setting new benchmarks in the hospitality industry,” Kumar added.

The culinary challenge will be judged by WACS-certified noted chefs from India and abroad, while well-known Chef Sireesh Saxena is the organizing secretary. Any professional chef from a restaurant, hotel, confectionary, or catering organisation may enter the competition. Individual display classes will include 3-tier wedding cakes, artistic pastry showpieces, fruits and vegetables carving open to students, plated appetizers, Petit Fours or Pralines, three Course Set Dinner Menu, desserts, a live cooking competition, 45 minutes one dish, Enthusiastic Hobby Cooks, mocktail competition, and so on.

“This event has evolved from a competition venue to an educational platform for chefs to learn, exchange, and showcase their culinary skills. Previously, CAI 2019 drew nearly 300 participants from not only the NCR but also other Northern, Western, and Southern states. The Professional Culinary Challenge will be an international event for young chefs to demonstrate mastery of their craft and be accredited by a panel of internationally acclaimed judges. This year’s event will be the biggest ever with newly added categories and an expanded competition venue. “We welcome and invite all Chefs to send in their participation to Culinary Art India, 2023 so that you can share your experiences through this prestigious culinary event,” said Indian Culinary Forum, General Secretary Vivek Saggar.

15, Feb 2023
Raghupati Singhania Centre of Excellence at Indian Institute of Technology-Madras honored with ATMA Award

Bangalore, February 15, 2023: ‘Raghupati Singhania Center of Excellence for Vehicle Dynamics and Tyre Mechanics’ at the Indian Institute of Technology (IIT)-Madras instituted by JK Tyre & Industries Ltd. was honored with the Outstanding Achievement in Research and Innovation Award by the Automotive Tire Manufacturers’ Association (ATMA).

The award was given to acknowledge the longest-running industry-academia collaborations in the country between JK Tyre & IIT-Madras and for being instrumental in promoting innovation and growth in technology and creating a skilled workforce.

Receiving the award Prof. R Krishna Kumar, Professor, IIT Madras, who is also the Technology Advisor to CMD & MD, JK Tyre, said, “The Raghupati Singhania Centre of Excellence at IIT Madras is one of the most successful research project collaborations running successfully for the past two decades. It is a futuristic R&D facility that introduces cutting-edge technologies to promote innovation. The center has produced eight PhDs, sixteen Master’s theses, and several MTech theses. Moreover, it offers its trained workforce the chance to collaborate with renowned OEMs in the nation in the fields of vehicle dynamics and tyre technology. With a bright team constantly developing new revolutionary technology, we hope to contribute a great deal to the tire industry. I am ever grateful to JK tyres for extending its R&D facilities for the students to pursue research, a rarity in the corporate world”.

15, Feb 2023
Lux Industries breaks the gender stereotype by associating with woman celebrity Jacqueline Fernandez to promote products of Lux Cozi

Hyderabad, 15 February 2023: Lux Industries Limited, (BSE: 539542 | NSE: LUXIND), one of the country’s largest innerwear manufacturers, known for its innovative and customer-demand-driven product offerings, manufacturing more than 100 products across 14 major brands comprising a complete range of innerwear and outerwear for men, women, and children, has created yet another sensation in the men’s hosiery industry in India when it roped in woman celebrity Jacqueline Fernandez to promote products of Lux Cozi, the first of its kind by any men’s innerwear brand. To this effect, the brand has launched a new TVC campaign ‘Yeh Nahi Toh Kuch Nahi’ which has been created by Yellow Beetle Films and directed by Gauri Shinde.

The association with a woman celebrity not only breaks gender stereotypes but also marks another shift for the brand in the men’s hosiery category. Men are often seen promoting their vests, but how often do we see women promoting men’s vests? Against all odds, Lux Cozi desired a significant shift in their original thinking by taking a more assertive stance to include a woman for the first time in India in the promotion of men’s hosiery. This move is expected to strengthen the brand’s connection while simultaneously capturing the target audience’s attention and meeting the expectations and aspirations of today’s youth.

Mr. Ashok Kumar Todi, Chairman, Lux Industries, stated, “This is the first time, a men’s hosiery brand has engaged with a woman celebrity for promoting its products. As an innovative & consumer-driven brand, we have always tried to meet consumer demand by choosing our main protagonists based on their connection and pull with our target consumers. This time too, it’s no exception. We hope this will take the brand to newer heights and create a deeper connection with its discerning consumers,”

Speaking on the association & the launch of the new campaign, Mr. Saket Todi, Executive Director, Lux Industries said “As a brand, we are known for our innovation in the industry and this time, we wanted to break the old fashioned gender stereotype through the campaign and highlight how today’s women don’t hesitate in making the first move. Typically, innerwear brands portray conventional male-dominant imagery, but our film depicts a role reversal where we normalize and make the woman lead. This is probably the first time where a men’s innerwear brand is showing a woman in lead. Our objective is to build a stronger connection with the consumers, and we are certain that this campaign will grab the eyeballs of the general mass.”

The TVC begins with Jacqueline Fernandez in a bedroom, organizing her partner’s clothes in the closet. While doing so, she comes across his vest and begins thinking about him. We then see her excited with joy, grooving and dancing with her partner’s vest until the doorbell rings. She gives a sly smile and walks over to the door. In the back shot, we see Jacqueline standing with the guy as the Lux Cozi tagline emerges on the screen. Being one of Lux Industries’ fastest-growing brands, Lux Cozi is expected to grow rapidly, strengthening the Company’s brand performance in the men’s

innerwear category. Lux Cozi, a pioneer in the field for nearly six decades, has taken an unprecedented step through this association to establish and strengthen its market dominance.

Deven Munjal, Yellow Beetle Films, said, “While we wanted the ad to be personal and playful in accordance with the story, the biggest challenge was creating a clutter-breaking campaign with Jacqueline being featured in the men’s innerwear category. Many women in our country shop for innerwear for the men in their households and that inspired us to build in the narrative & write the story. The pairing with Jacqueline at the helm is ideal and we had a great time in creating and writing this. We anticipate that everyone will enjoy watching the TVC as much as enjoyed making it.”

Lux Industries has always been proactive in adopting newer production methods, developing innovative products, and extending out to the right audience through first-of-their-kind branding and promotional activities. Its strong brand portfolio of 15 brands and customer-centric approach has helped the brand to expand its visibility and create strong brand equity across 47 countries. The company intends to go big in the entire south Indian market and has seen consistent growth of 20% year on year. The company is expanding and ready to meet the increased demand, with the upcoming peak summer season in mind.

Campaign elements: Lux Cozi men’s innerwear  Agency: Yellow Beetle Films
Client: Lux Industries LTD  Title of film: Yeh Nahi Toh Kuch Nahi
Director (of the film): Gauri Shinde   Duration: (In Secs): 40 secs
Production House: Mr. and Mrs. Films LLP   Exposure (media used): Digital platforms, Television, Cinema, OOH
Date Of Production: 23rd January   The campaign broke as of February 13th, 2023
15, Feb 2023
GIL Chemicals recognized among India’s Top 50 Best Workplaces in Manufacturing 2023

Bangalore, February 15, 2023: Congratulations to GIL Chemicals on being recognized among India’s Top 50 Best Workplaces in Manufacturing 2023. Earlier in November ‘22, GIL Chemicals was also certified as a Great Place To Work.

GIL Chemicals’ excellence in people practices crafted for their employees and the continuous action on the employee feedback enabled them to create a High Trust Culture. This recognition is a testament of GIL Chemicals’ competitive presence in the Manufacturing industry and their contribution towards transforming this traditional industry into a sustainable domain.

Nitin Nabar, Executive Director & President, GIL Chemicals said “Culture and People empowerment are two strong pillars at GIL-Chemicals, which have been our growth stimulators. We strive towards building an atmosphere that brings in the right set of changes at our workplace. This ensures that we have a richness of culture and a diverse workforce throughout the years. Our Empowered and highly engaged team has been instrumental in transforming our business and creating value.”

15, Feb 2023
Vahak collaborates with Coverstack to provide vehicle insurance to the Indian Trucking Community

Bangalore– February 15, 2023: Vahak, India’s most trusted transport community platform, today announced a strategic partnership with Coverstack, a digital B2B insurance infrastructure solution platform.

Vahak, co-founded by IITians Karan Shaha and Vikas Chandrawat in 2019, is on a mission to digitize the Indian logistics sector which currently contributes over 14 percent to India’s GDP. This logistics tech company is fostering India’s largest ecosystem of transport SMEs, shippers, and lorry/fleet owners on its website and app, amid the fast-growing $250 Billion Logistics Sector in the country. While CoverStack provides technological solutions and insurance infrastructure to BFSI industry players. Aiming to revolutionize the insurance buying market, CoverStack offers a zero-code, ready-to-use, full-stack platform for buying and servicing insurance digitally, enabling a mass reach out.

With this collaboration, Vahak will bring Coverstock’s cutting-edge insurance technology for the Indian trucking community to its app, making digital insurance processes efficient, fast, and cost-effective. This tech stack integration on Vahak’s app is expected to be completed in the next two months. Elaborating on the collaboration, Karan Shaha, Co-Founder, and CEO at Vahak, said, “Our vision is to build a trusted transport community platform that looks out for transporters, fleet owners, and truckers’ well-being. Our collaboration with CoverStack will empower the Indian trucking community with a more convenient and cost-effective way to get vehicle insurance. We are confident that our combined effort will bring greater peace of mind and security to the Indian trucking community.”

Sanjib Jha, the CEO, of Coverstack, added, “We are excited to partner with Vahak, as we believe that this collaboration will bring innovation and value to the Indian trucking industry. By leveraging the strength of both companies, users will receive the best motor insurance buying experience on their fingertips. Deep integrations have opened new avenues for the insurance sector, enabling insurance and non-insurance players to digitise or add insurance products to their portfolios within months.”

Post integration, over half a million monthly active users on the Vahak platform, will be able to buy motor insurance directly from the app at competitive prices. With this, Vahak has expanded its value-added service portfolio on top of GPS, safe and secure payments, digital brand building and networking for both, logistics supply and demand side players, in addition to its core AI and ML technology-enabled marketplace for load-lorry matchmaking with true price discovery and efficient return load booking features.

Merino Laminature
15, Feb 2023
Merino Laminature: The Au Naturale textured laminates that makes all the difference

Merino, India’s leading manufacturer of high-pressure decorative laminates is thrilled to introduce the highly decorative laminate range, Laminature. Merino Laminature has embellished laminates with textures that give a refined tangible feel in coherence with the design. The surface texture exuberates seamless decor patterns and makes the laminates indistinguishable from solid woods and veneers.

Laminature, the tasteful and attractive laminate range from Merino, can be applied on varied surfaces ranging from furniture and wardrobes to wall panels and lobbies as it has a better wear resistance than veneers. This premium and durable surface solution is being manufactured using high-quality embossed premium décor paper which provides a smooth finish to the product. Premium earthy designs are embossed on the laminates reflecting a blend of symmetry, precision, and synchronization. Laminature is the answer to architects who are conceptualizing premium interior spaces for residential and commercial complexes to generate a luxurious and au natural look.

A laminature comes with an extensive range of patterns whereas consumers are left with minimal options when opting for veneer. The product offers 12 designs in 3 premium finishes having exclusive blend of woodgrains and stone. The assortment is a treat to the decorator’s mind. The scratch resistant element of the product lasts for years without fading or loss of gloss, maintaining color fastness. The laminature is also impact resistant as per EN 438 standards.

Merino has redefined the concept of imagination for good. While the world has confined the boundaries of laminates, it is all out to explore what these versatile surfaces can do. Laminates are fondly known as surface decor elements and, Merino has added life to the same with its striking concepts and awe-inspiring patterns. Like any other product from the brand, Laminature is also Greenguard and Greenguard Gold certified showcasing its longevity and sustainability quotient. Laminate is not only enthralling the Indian laminates market but has a strong market presence in 80+ countries globally.

15, Feb 2023
Andhra Pradesh looks to attract domestic and global investment across a dozen sectors, aims for a 10% share in India’s exports soon

New Delhi, 15th February 2023: The state of Andhra Pradesh showcased its rich natural resources, large investments in infrastructure, land bank, and intensive reforms in rules and regulations at successful investors meeting held today in Bengaluru. These efforts, taken together, position Andhra Pradesh as the state where abundance meets prosperity. The event is one of many such meets being organised in the run-up to the Global Investors Summit on March 3rd-4th 2023 in Visakhapatnam.

Speaking on the occasion Shri Gudivada Amarnath, honourable Minister for Industries, Infrastructure, Investment & Commerce, IT, Handlooms & Textiles highlighted the state’s export potential. The honourable minister said, “According to LEADS Report 2022, the state’s exports increased by 15.31% from the previous year in 2021–2022, classifying it as “Achievers” in the Coastal States. With the completion of new ports and also further development of infrastructure for the last-mile connectivity, the state’s share in exports can reach up to 10% of India’s total exports.”

Addressing the investors Shri. Buggana Rajendranath honourable Minister for Finance, Planning, Commercial Taxes, Skill Development, Training & Legislative Affairs assured the investors of the fast-paced implementation of projects in the state. “We strongly believe reducing the time to start a business will have a significant impact on the manufacturer’s profitability. The state is building numerous plug-and-play facilities which will have ready-built factory sheds with quality power and water supply and help speed up setting up of manufacturing units,” said the honourable minister.

Shri. Amarnath also added that in the last 3.5 years, the state has approved investments to the tune of Rs.1.9 lakh Crore. “That would go on to create employment for around 90,000 people in the state in the future,” he said.

Key functionaries from various departments, ministries, and state government institutions had an open interaction with the investing community in Bengaluru today. Promising to handhold potential investors and facilitate the fastest turnaround time the presentations showcased the present and upcoming infrastructure and the conducive policy environment of the state.

Manufacturing, food processing, ports, IT and Electronics, handlooms, and textiles sectors attracted significant interest at the event. Andhra Pradesh is India’s gateway to the southeast with its 974 km long coastline, the second longest in the country, 6 existing ports, and 4 upcoming ports. However, it has also emerged as the fastest-growing state in India, as per the number released so far, with double-digit growth of 11.43% in 2021-22. The state has embarked on a rapid growth path under the able leadership of Sri Y.S. Jagan Mohan Reddy, Honourable Chief Minister. Thanks to the governance reforms and formulation of investor-friendly policies by the government, the state has emerged on top in terms of ease of doing business (EoD) for three consecutive years.

Consistent improvement in the governance framework to create hassle-free investing is augmented by hard infrastructure as three of the country’s eleven industrial corridors are being built in Andhra Pradesh alone. The improvements have been duly recognised and the state has received various awards over the last year alone. To name a few the LEADS award for logistics 2022, the Inertia Award for Energy 2022, the ET award for port-led, and the infrastructure project 2022.

The event was also graced by the key functionaries of state government including Dr Srijana Gummalla, IAS, Director of Industries, Commerce & Export Promotion Vice Chairperson & Managing Director AP Industrial Infrastructure Corporation CEO, AP Economic Development Board, Sri. L Sridhar Reddy, CEO, AP Food Processing Society; Sri. Ravindranath Reddy, Deputy CEO, AP Maritime Board; Smt. K. Sunitha, IAS, Principal Secretary, Handlooms & Textiles Government of Andhra Pradesh.

15, Feb 2023
NBHC creates Direct Procurement Centers (DPC’s) in Bihar, Rajasthan, and Madhya Pradesh, also introduces “Kisan Saathi”

Hyderabad/Mumbai, 15th February 2023: National Bulk Handling Corporation (NBHC), a leading Agritech company offering top-notch integrated services in post-harvest agri-ecosystem, today announced the launch of three Direct Procurement Centres (DPCs) at Bundi (Rajasthan) and Sasaram (Bihar) for Paddy and Chhindwara (Madhya Pradesh) for Maize.

NBHC commenced Direct Farmer Procurement in the last kharif season with the objective of connecting farmers directly with end users i.e., processors/exporters by creating these DPCs as pilot projects and has successfully procured from 700+ Farmers. In the Chhindwara location in MP, NBHC has partnered with Krish-e, the farming as a service vertical of the Mahindra Group for enabling the procurement of Maize directly from farmers. The company has achieved a milestone of having procured over 38,000 quintals of Rs. 103 Million of Gross Merchandise Value (GMV) in 3 commodities namely Paddy (Basmati), Paddy (Sonam & Katarni), and Maize.

In 2021, NBHC expanded its services through ‘Krishi Setu’, an e-Market platform for providing end-to-end digitized services in the post-harvest agri value chain ecosystem. Krishi Setu is committed to providing access to the largest network of agri-commodity sellers, buyers, and lenders across the country. In the FY 2022-23, NBHC has transacted 1 million quintals valued at Rs. 2,650 Million of GMV.

Commenting on this milestone achievement, Mr. Deepak Kumar Singh, SVP & Business Head – Agri Commerz, NBHC said, “The changing agriculture policies paradigm is creating newer opportunities to serve farmers. As a trusted partner, it is our endeavor to positively impact farmers’ income by maintaining transparency in weight, quality assaying, and enabling market linkages and financing options in our newly created DPCs in Bihar, Rajasthan, and Madhya Pradesh. We have also introduced the concept of “Kisan Saathi”, our local support system in these designated DPCs for providing logistics support to farmers for bringing in their produce at the DPCs. With an aim to promote village-level entrepreneurs as Kisan Saathis, we are proudly engaged with a total of 50+ Kisan Saathis at these DPCs and wish to further augment the entrepreneurship ecosystem.

We are delighted to share that our DPCs have received an amazing response from farmers, which demonstrates our commitment to empowering farmers by opening a gateway to lucrative deals and addressing their unmet needs. This represents a significant milestone for NBHC as we continue to grow and further our expansion plan of creating around 100 DPCs in the FY 2023-24. The combined power of our geographic spread, SOP-driven robust operations, and easy access through Krishi Setu promise to make NBHC an Agritech Powerhouse in the near future”.

We thank our anchor buyers (largely processors), for their extended support and we further aim to connect with a greater number of processors and corporates to join us in our effort to enhance the farmers’ income, by directly procuring through NBHC – DPCs.