Samunnati launches Carbon Incubator Facility “Biochar” to empower FPOs and farmers to combine carbon tasks into their operations

Hyderabad, sixth September 2024 – Samunnati, Bharat’s chief agri-value chain enabler, effectively concluded its two-day lengthy Fourth Nationwide FPO Conclave, held at the third and 4th of September at Hyderabad. The conclave celebrated Samunnati’s decade-long go of empowering Farmer Manufacturer Organizations (FPOs) date specializing in sustainability, weather resilience, and construction an inclusive agricultural ecosystem.

The spotlight of the concluding future was once the founding of Samunnati’s very personal Carbon Incubator Facility Initiative, which targets to empower FPOs and farmers to combine carbon tasks into their operations. Occasion the power will discover alternatives comparable to regenerative agriculture and agroforestry, Biochar– a technology-based natural fertilizer facility that converts farm residues into soil-enhancing carbon—was once highlighted as a key innovation. Biochar now not handiest improves terrain condition but additionally boosts shorten resilience towards environmental stressors like drought and over the top drizzle, offering an alternative income wave thru carbon credit. 

“Biochar is transformative for Indian agriculture,” stated Mr. Anil Kumar SG, Founder and CEO of Samunnati. “By turning agricultural residues into soil-enhancing mixtures, farmers can boost soil health, crop yields, and incomes, while also tackling climate change. We aim to equip every FPO in India with biochar technology to support sustainable farming practices”. 

Aligned with its ecosystem method, Samunnati entered into 4 brandnew partnerships all over the conclave, eager about selling sustainability and embellishing the end-to-end cost chain from inputs to selling electrical cars (EVs) in agriculture. Those partnerships are the robust image of Samunnati’s constancy to addressing the holistic wishes of the rural crowd, empowering FPOs and farmers with complicated equipment, monetary backup, and data to foster sustainable farming practices.

Shri M. Raghunandan Rao (IAS), APC and Secretary, Agriculture Cooperation Section, Government. of Telangana in his keynote cope with to FPOs consultant’s and stakeholders highlighted the important function that FPOs play games in good for one Bharat’s agricultural sector, specifically in advancing sustainable and climate-resilient farming practices.

Mr. Gurunath N, Govt Director of Samunnati, delivered the welcome cope with emphasizing the significance of establishing weather resilience thru collaboration with numerous ecosystem gamers. “The agricultural sector must evolve to meet the challenges of climate change, and FPOs are key to leading that change. Samunnati remains committed to enabling their journey through financial innovation and a strong support system across the value chain,” he remarked.

Ms. Suseela Chintala, Leading Basic Supervisor at NABARD, additionally graced the development and touched upon emphasizing the rising want for collaboration between establishments to foster rural building and beef up FPO capacities in a converting weather.

Shri Rajeshwar Rao, former Particular Secretary, NITI Aayog, touched at the past of Indian agriculture, pointing to the significance of aligning coverage and marketplace interventions to create a resilient agri-economy.Dr. Venkatesh Tagat, Director of Samunnati, bolstered the group’s long-standing constancy to equipping FPOs with leading edge monetary answers and knowledge-sharing platforms that power sustainable expansion.

The concluding future of the conclave eager about construction weather resilience and the function numerous ecosystem gamers have. From hearth chat with leading edge startups to having discussions round know-how, insurance coverage and inputs, future 2 of the conclave had numerous takeaways for the ecosystem at immense. 

With the development proving to be a big good fortune, Ms. Poorna Pushkala, Workforce Head, Sustainability and Strategic projects at Samunnati stated, “The success of this conclave highlights the steadfast dedication of everyone involved in this ecosystem. We’ve not only laid the groundwork for meaningful conversations but also set the stage for ongoing collaboration. To sustain this momentum, our focus will remain on driving innovation, fostering partnerships, and ensuring that every initiative contributes to the long-term resilience and prosperity of FPOs across the country. Together, we will continue to build a sustainable future for our farmers and the ecosystem as a whole.” 

The conclave concluded on a top observe, as Samunnati reaffirmed its willpower to fostering an agricultural ecosystem this is ready to take on the demanding situations of the past date making sure the prosperity of farmers and the sustainability in their practices.