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Sarveshwar Foods Ltd enters into strategic partnership with Boomitra



Posted On : 2024-07-17 11:28:11( TIMEZONE : IST )

Sarveshwar Foods Ltd enters into strategic partnership with Boomitra

Sarveshwar Foods Limited (BSE: 543688, NSE: SARVESHWAR), engaged in the business of manufacturing, trading, processing, and marketing of branded and un‐branded basmati and non‐basmati rice and other products in the domestic and international markets has entered into partnership with Boomitra O2C Tech India to revolutionize sustainable agricultural practices. This landmark agreement also aims to boost productivity, improve soil health, and generate income through sale of carbon credits for Sarveshwar Foods Ltd and ~17,000+ farmers covering 45,000 acres associated with Sarveshwar Foods Ltd.

Key Highlights of Partnership

- This partnership marks a significant leap towards sustainable agriculture. Boomitra, a leader in the soil carbon marketplace, will bring its expertise to help farmers associated with Sarveshwar Foods Ltd adopt regenerative agricultural practices.

- By promoting sustainable farming, the initiative aims to enhance productivity, improve soil health, reduce the carbon footprint, and generate additional income for farmers.

- Farmers and Sarveshwar Foods Ltd will generate additional revenue through the sale of carbon credits generated by the GHG reduction initiatives.

- The partnership highlights the joint commitment of Sarveshwar Foods Ltd and Boomitra to environmental sustainability, the economic empowerment of farmers, and the promotion of regenerative agricultural practices in India.

Source : Equity Bulls

Keywords

SarveshwarFoods StrategicPartnership Boomitra