Coromandel International and Samunnati Agri Join Hands To Promote Nutrient Information
New Delhi, June 8: Agri-solutions providing company Coromandel International Limited today announced it has signed a Memorandum of Understanding (MoU) with Samunnati Agri Value Chain Solutions Private Limited, India’s leading agri-ecosystem platform.
This collaboration will enable supply, promotion and distribution of agri-inputs to Farmer Producer Organisations (FPOs) across India, it said.
The collaboration aims to strengthen market access and improve availability of high-quality agri-inputs from Coromandel leveraging Samunnati’s extensive FPO network and Coromandel’s expertise in crop nutrition, crop protection and agri services.
The partnership will also explore customized marketing support initiatives, product demonstrations and technology adoption programs to support sustainable agricultural growth, it said.
In addition, Samunnati Finance Private Limited may provide financial assistance to eligible FPOs and agri ecosystem participants for procurement of Coromandel products, subject to separate arrangements and regulatory requirements, the company said.
Narayanan Vellayan, Executive Director of Crop Nutrition, Coromandel, said: “By combining Coromandel’s strong product portfolio and field expertise with Samunnati’s deep engagement with FPOs and agri value chain participants, we aim to improve access to quality inputs and support the growth of a more resilient and efficient agri ecosystem.”
Suresh Rajagopalan, Executive Director, Samunnati, said: “Our collaboration with Coromandel will help strengthen last-mile access to quality agri-inputs, promote sustainable farming practices and create greater value for FPOs, Village Level Entrepreneurs (VLEs) and farmers through integrated market linkage and financial inclusion solutions.”
About Coromandel
Coromandel International Limited operates in two major segments: Nutrient and other allied businesses and Crop Protection. These include Fertilizers, Crop Protection, Bio Products, Specialty Nutrients and Organic businesses.
The Company is 2nd largest manufacturer and marketer of Phosphatic fertilizer in India.
About Samunnati Agri Value Chain Solutions Private Limited
Samunnati is an agri value chain enabler focused on building an inclusive and efficient agri ecosystem through aggregation, market linkage and financial inclusion. The organization works with Farmer Producer Organizations, agri enterprises and ecosystem participants to create sustainable growth opportunities for smallholder farmers and rural communities.
