Sarveshwar Foods Ltd initiates Strategic Partnerships with NBFCs to extend Financial Support to its associated Farmers

Sarveshwar Foods Limited, an emerging player in the agri-food sector based in Jammu, has initiated strategic partnerships with certain Non-Banking Financial Companies (NBFCs) to enhance financial support for farmers-who are the backbone of the company's supply chain-and drive improvements within the agricultural sector.

Drawing on a rich history of commitment to quality and community, Sarveshwar Food Limited recognizes the vital role that farmers play in its operations. These new collaborations are aimed at providing essential financial resources, enabling farmers to invest in modern agricultural practices and infrastructure. Through these partnerships, Sarveshwar Food Limited seeks to fortify the agricultural ecosystem and ensure the stability and growth of its supply chain.

Key Aspects of the initiated Partnerships:

Enhanced Financial Support: The partnerships will offer farmers improved access to funding, including working capital and investments for agricultural infrastructure.

Infrastructure Development: Financial resources will be directed towards enhancing infrastructure, such as irrigation systems and storage facilities, to boost productivity and reduce post-harvest losses.

Technical Assistance: Farmers will benefit from additional guidance on financial management and technical support to optimize their agricultural practices.

Sustainable Growth: The initiative aims to drive sustainable agricultural practices and ensure long-term stability and growth within the sector.

Under the proposed arrangement, Sarveshwar Food Limited will facilitate the connection between NBFCs and farmers. The financing arrangements will be conducted directly between the NBFCs and the farmers, with no recourse to the company.

These partnerships would be the vital part of Sarveshwar Food Limited's long-term strategy to strengthen its supply chain and ensure continuous and uninterrupted supplies. We are driven by the belief that the growth and well-being of all associated with Sarveshwar-including farmers, partners, and the broader community-are integral to our mission. Guided by our enduring values and the spirit of 'ॐ सवőभवȶुसुİखनः सवőसȶुिनरामया' we are committed to fostering a thriving agricultural sector where everyone benefits.

"Farmers are at the heart of our success, and their well-being is intricately linked to our mission," said Mr. Rohit Gupta, Chairman and Managing Director of Sarveshwar Food Limited. "We are leveraging our extensive network and longstanding relationships to forge these strategic partnerships. By collaborating with NBFCs, we aim to provide essential resources that will empower our farmers and enhance their capabilities. This initiative marks a crucial advancement in fortifying our supply chain, supporting the agricultural community, and ensuring that everyone connected with Sarveshwar Food Limited not only thrives but prospers collectively."

Sarveshwar Food Limited is devoted to advancing the agricultural sector and enhancing the livelihoods of farmers. We look forward to sharing further updates as our collaborations with potential NBFC partners' progress.

Source : Equity Bulls

Keywords

SarveshwarFoods StrategicPartnerships NBFCs FinancialSupport Farmers SupplyChain