The award has been granted under “Innovative Product/Technology/Services Promoting Sustainable Agriculture” category.
This recognition is towards large scale adoption of SLCM’s proprietary centralised real-time process management system called ‘AgriReach’.
New Delhi, November 22, 2021: Sohan Lal Commodity Management (SLCM), India’s leading comprehensive service provider in the global post-harvest space for agricultural commodities has been honoured with ‘Sustain Agriculture Award 2021’ by FICCI, India’s oldest and largest industry association catering to diverse business domains.
The prestigious award was conferred on SLCM for its proprietary ‘AgriReach’ process management system. In India, where post-harvest losses are pegged at nearly Rs 1 lakh crore, deployment of the ‘AgriReach’ framework of services has helped substantially in reducing such losses to 0.5% at warehousing facilities under SLCM’s management. ‘AgriReach’ combines a series of processes, audits and real-time tracking of the facilities to give error-free results and minimise the risk of damage to stored crops. It uses techniques like geo-fencing, real-time tracking, bar-coded storage receipts to avoid thefts or pilferage and internal audits with a ‘maker and checker’ policy at each level of operation.
The company since the month of April 2021 has started executing its warehousing contracts using the proprietary ‘AgriSuraksha’ solution, another product under the Agri Reach umbrella that incorporates the latest internet of things (IoT)-based surveillance technology. This enables real-time monitoring and interaction with the personnel at storage sites agnostic of infrastructure like availability of electricity or the fact that the grains may be stored in open ground under the sky with no roof on top as well.
SLCM in the month of October 2021 has rolled out the beta version of its path-breaking ‘AgriReach Mobile Quality Check App’ for agricultural commodities under the ‘AgriReach’ umbrella. The QC App enable 360-degree evaluation by a cross-section of stakeholders that includes processors, traders, exporters, importers, government agencies and financial institutions such as banks.
Commenting on being a recipient of this honour, Mr. Sandeep Sabharwal, Chief Executive Officer, SLCM Group said, “We are delighted to receive this honour from FICCI which is India’s oldest and largest apex business association catering to diverse business domains. This recognition validates our belief that the use of cutting edge technologies like Internet of Things (IoT), Artificial Intelligence (AI) and Machine Learning (ML) based real time process management solution can be extended to the agriculture sector for Preservation, Management and Security (PMS) of food grain stock.
This award encourages our team to rapidly scale up our cutting-edge technology based solutions and applications and take it to the next level for mass adoption by multiple stakeholders which will be a force multiplier to demonstrate development at the bottom of the pyramid.”
The award was received by Mr. Salman Ulla Khan, Chief Business Office, SLCM along with Mr. Rakesh Kumar Rana, Chief Business Officer, Digital Initiatives, SLCM on behalf of the organisation from a group of dignitaries from the entire agriculture ecosystem and distinguished members of FICCI Agriculture Committee present on the occasion on Thursday the 18th of November, 2021.
