“Post-harvest losses threaten food security for billions.
At StarAgri, we’re committed to change this.”
As Asia’s third-largest economy, it is critical that India seeks to overcome these losses and the only solution is modern, scientific storage enabled through affordable yet scalable agri-technology. Today, 41% of India’s agri-warehousing capacity is state or government owned while the balance is distributed unevenly among private businesses, co-operative societies and farmers – the opportunity to grow, integrate and modernise India’s agri-warehousing eco-system is huge.
In a country which ranks 103rd in the Global Hunger Index (2018), US$ 14 billion worth of food is wasted every day. More than 40% of the food produced is wasted before it reaches the consumer. Post-harvest losses threaten food security for billions. Simply because farmers lack access to post-harvest management. StarAgri is committed to change this.
At StarAgri, we’re building India’s largest state-of-the-art storage facilities for agri-commodities.
At StarAgri, we’re building India’s largest state-of-the-art storage facilities for agri-commodities. With a pan-India direct aggregator model, we source and store food grains directly from over 300,000 farmers at the village level, with the single goal of solving India’s food grain wastage. And we envision to achieve 30X growth.
We handhold small farmers & FPOs through the entire crop cycle – pre- and post-harvest. Through our scientific methods of sourcing, grading and storing, we help commodities maintain their original efficacy. Farmers leverage our storage facilities to stagger the sale of their food grains. In the process, they realise better pricing for their farm produce. By making farmers self-reliant, we are proud to contribute to India’s vision of Atmanirbhar Bharat.
We create comprehensive backward and forward linkages to ensure cost and agri-supply chain efficiencies. Our unique and innovative “Sowing to Square Off” business model is aimed at doing just this.
What started from seeking sustainable change in India’s post-harvest ecosystem has today given us global ambitions. We are expanding our private ‘mandi’ & warehousing programme to reach out to more farmers to acquire scale to service the needs of global commodity players, traders, and food and FMCG companies. As part of our near-to-the-customer strategy, in the next 18 months, we are expanding internationally across key global commodity centres to serve buyers across Asia, Europe and USA. We have created our first pitstop in Africa, an economy that has similar small farmer challenges to solve. Additionally, we are looking at expanding our footprints across international markets similar to India where we can roll out our warehousing and collateral management services.
At the end of the day, if we can create and contribute to a sustainable agri platform to progress towards global food security, financial empowerment and rural prosperity, we will consider our purpose fulfilled.