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SLCM Group bags Best Innovative Technology Initiative award for AGRI REACH

December 27, 2018

Sohan Lal Commodity Management (SLCM), India’s leading agri services solutions provider with operations across India & Myanmar, has been conferred with ‘ET Now Stars of Industry Awards - For Excellence in Learning & Development’ 2018 in the ‘Best Innovative Technology Initiative’ category.

NEW DELHI, 27 December 2018 : Sohan Lal Commodity Management (SLCM), India’s leading agri services solutions provider with operations across India & Myanmar, has been conferred with ‘ET Now Stars of Industry Awards - For Excellence in Learning & Development’ 2018 in the ‘Best Innovative Technology Initiative’ category.

Ankur Jaipuria, CBO & Ms. Varnika Kukreja, GM - Corporate Communication at SLCM Group received the award from Chief Guests- GP Rao, Founder & Managing Partner, GPR HR Consulting LLP & Ms. Madhuri Sathe, Executive Director, Indira Group of Institutes at a ceremony held in New Delhi recently, which was attended by more than 500+ delegates from across the world. 

Speaking post the award ceremony Mr. Sandeep Sabharwal, Group CEO, SLCM said, “It is a tremendous honor to be recognized by the prestigious Stars of the Industry Awards and win the ‘Best Innovative Technology Initiative’ award for our patent pending technology AGRI REACH. Agriculture continues to be a major livelihood provider and hence a key driver for the economic growth and social transformation. There is a need for understanding and adopting successful disruptive models and towards helping Indian farmers gradually transform from farmers to budding entrepreneurs. As a leading business in the agricultural services sector, SLCM aims to work as a harbinger by providing the latest cutting edge, innovative solutions to the agri fraternity. We have championed scientific storage practices through our proprietary agri services solution AGRI REACH and have revolutionized agricultural financing through Kissandhan our NBFC arm. We feel privileged to consistently perform a significant role in uplifting the agricultural sector in the country and pioneering innovative solutions in the sector.”

SLCM has been acknowledged with this award for their innovative and scientific commodity handling through AGRI REACH thereby promoting an effective and futuristic supply chain and logistics solutions in the agri eco-system.

The patent pending technology “AGRI REACH” can reduce post-harvest losses which are presently at 10% annually to just 0.5% irrespective of infrastructure, crop or geographic location of the crop.

This has been duly accredited in a study conducted by FICCI as well. Moreover, to prove its scalability in international avenues the Group forayed into Myanmar in April 2014 and as of today SLCM Ltd. Myanmar is an independent entity successfully curtailing  the enormous post harvest losses ranging from 20-25% in that country. 

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