Coromandel, Samunnati Join Hands to Improve Agri-Input Access for FPOs
Hyderabad, June 8 (TNT): Coromandel and Samunnati sign MoU to Strengthen Agri-Input Access for FPOs Hyderabad, June 8 (TNT) Coromandel International Limited (CIL), one of India’s leading agri-solutions providers, on Monday said it has signed a Memorandum of Understanding (MoU) with Samunnati Agri Value Chain Solutions Private Limited, India’s leading agri-ecosystem platform.
The MoU was signed by Mr. Madhab Adhikari, EVP & Business Head (Fertiliser, SSP & Nano), Coromandel and Mr. Suresh Rajagopalan, Executive Director, Samunnati in the presence of Mr. Narayanan Vellayan, Executive Director – Crop Nutrition, Coromandel and other senior officials of Coromandel and Samunnati.
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, Coromandel said in a release here on Monday.
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.
Narayanan Vellayan said the partnership aligns with Coromandel’s commitment to delivering innovative and sustainable agri-solutions to farmers across the country.
“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,” he said.
Suresh Rajagopalan said the collaboration would strengthen last-mile access to quality agricultural inputs and promote sustainable farming practices.
“Our partnership with Coromandel will create greater value for FPOs, Village Level Entrepreneurs (VLEs) and farmers through integrated market linkage and financial inclusion solutions,” he added.
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