The group aims to expand to Jharkhand by introducing a millet-based venture to uplift the rural communities of the state as part of its key initiatives under Vision 2030
Aiming to keep sustainability, innovation and community upliftment at its core, BL Agro, a brand in the FMCG and agri-food sector is eyeing towards achieving a turnover of Rs 20,000 core by 2030. As the company unveiled its comprehensive plan ‘Vision 2030’ in the presence of the Governor of Jharkhand Santosh Gangwar at the World Food India 2024 (WFI), it has also signed a memorandum of understanding (MoU0 with Poland-based Arya Capital.
The group aims to expand to Jharkhand by introducing a millet-based venture to uplift the rural communities of the state. To achieve the mentioned target, it is working on dairy technology to improve farmer incomes as it will create a model dairy farm and IVF lab housing 5,000 indigenous cows.
“Through investments in innovative solutions like dairy tech, sustainable fodder production, and space-tech-driven analytics, we are building a future where every part of the chain is more efficient, sustainable and beneficial to our farmers and consumers alike,” states Ashish Khandelwal, Managing Director (MD) of BL Agro.
The group has set the target of establishing a compressed biogas (CBG) plant to generate 20 tonne per day of eco-friendly CBG and organic manure. In addition, setting up an integrated milk processing unit to handle 3 lakh litres of milk daily and a cattle feed manufacturing unit to produce 7,500 metric tonne of balanced cattle feed every month is what the company is aiming to achieve.
“Their focus on growth and community upliftment, particularly in states like Jharkhand, is truly impressive. Launching healthy food products and edible oil here is a great step, but what stands out is the millet-based venture,” states Gangwar.
Using space-technology artificial intelligence and geospatial intelligence to address challenges in agriculture faced by all stakeholders, the group seeks to create market linkages for the farming community to foster entrepreneurship. Another key initiative under the plan is Leads Nextech, an EarthTech analytics company that will deliver human-centric solutions in SpaceTech, AI, and geospatial intelligence
The group also signed a MoU with Poland-based Arya Capital to open doors to tested and state-of-the-art technology for India’s burgeoning green technology sector. The collaboration will deliver advanced solutions across multiple sectors, including drone and forestry and CBG.
Arun Kumar, Minister of State, Forest, Environment, Wildlife, and Climate Change Department, Uttar Pradesh who was present during the signing stated, “The partnership between B L Agro and Arya Capital is a testament to India’s commitment to progress in all fields. We’re adopting cutting-edge technologies that make sustainability a reality and protect the environment.”
The group seeks to partner with experts across the globe to achieve its financial target and contribute to the holistic development of the agricultural ecosystem in India.
