SLCM Group Felicitated at 2nd Annual Future Warehouses Summit & Awards
– Recognized in ‘IoT Solutions in Warehouse of the Year 2019” & “Best Agri and Fresh Produce Warehouse 2019” Category –
Delhi, 11th June: Sohan Lal Commodity Management (SLCM), India’s leading agri services solutions provider having operations across India & Myanmar, has been conferred with ‘IoT Solutions in Warehouse of the Year 2019” award at the 2nd Annual Future Warehouses Summit & Awards 2019. SLCM was conferred with this award for consistently demonstrating innovative and scientific product handling through ‘AGRIREACH’ which reduces post-harvest losses from 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.
SLCM was also recognized in the “Best Agri and Fresh Produce Warehouse 2019” category during the award ceremony for driving excellence in the field of agri-supply chain and warehousing of fresh produce in India. Mr. Sitanshu Narad, Head – Corporate Communication, SLCM received these awards at the award ceremony held on 7th June 2019 at Hotel St. Regis, Mumbai.
Speaking post the award ceremony Mr. Sandeep Sabharwal, Group CEO, SLCM said, “It is an honor that SLCM has been recognized in ‘IoT Solutions in Warehouse of the Year 2019” and “Best Agri and Fresh Produce Warehouse 2019” category at the 2nd Annual Future Warehouses Summit & Awards. Providing the latest cutting edge, innovative solutions to the agri fraternity is the core function area of SLCM. As a leading business in the agricultural services sector, we are constantly looking to develop new and avant-garde solutions that will benefit the entire agri eco-system. We have championed scientific storage practices of agri and fresh produce through our technology interventions and our proprietary agri services solution AGRI REACH. We feel privileged to consistently perform a significant role in uplifting the agricultural sector in the country and pioneering innovative solutions in the sector.”
The 2nd Annual Future Warehouses Summit & Awards are considered to be one of the most coveted awards for excellence in the Supply Chain and Logistics industry. Instituted by Transformance Business Media, these awards encourage, acknowledge and recognize individuals and organizations from the warehousing, allied and user industry category for their hard work and contribution to the growth of the warehousing industry. Winners of the award have to undergo a tough evaluation process and scrutiny by a jury consisting of experts in technology, business and innovation space.
SLCM has been recognized by various industry and trade bodies such as the World Bank, ASSOCHAM, Times Group, Indo Global SME chamber, Golden Peacock and CII amongst others. The Group prides itself as an Innovator in agri industry & has consistently demonstrated its capabilities in rolling out efficient products and services that empowers the agri ecosystem be it their process AGRI REACH (patent pending) which reduces post-harvest losses or Kissandhan (NBFC) which has changed the paradigm of agricultural financing to bring real “Financial Inclusion”. Moreover, to prove its scalability in international avenues the Group forayed into Myanmar in April 2014 and as on today SLCM Ltd. Myanmar is an independently running entity successfully curtailing the enormous post-harvest losses ranging from 20-25% in that country.
About SLCM Group:
Sohan Lal Commodity Management Pvt. Ltd. (SLCM) is an ISO 9001:2015, ISO 22000:2005, ISO 33000, ISO 14001:2015 & OHSAS 18001:2007 certified Agri-Logistics Group. The company is equipped with technology to offer storage and protection services for the entire range of agri-commodities. SLCM has been handling about 938 agriculture commodities including Rice, Wheat, Maize, Mustard, Pulses, Cotton, Barley, Bajra, Castor Seeds, Spices, etc. globally. As on 31st May 2019, SLCM manages a technology enabled network of more than 4081 warehouses and 19 cold storages pan India spread over 66.52Mn sq. ft. area and a throughput of more than 764.10 Million MT. The Group has also applied for patenting this scientific technology of storage under the aegis of “AGRI REACH”. The efficacy of ‘AGRI REACH’ has been attested in a study conducted by industry body FICCI that found that storage losses could be reduced from 10 percent to a minimal 0.5 percent using AGRI REACH.
The Group also has a wholly owned NBFC in India christened as “Kissandhan” which has changed the paradigm of collateral financing by financing across diversified agri products whilst being agnostic to balance sheet of the borrower yet complying with the prudential norms of RBI.
In a short tenure, Kissandhan has already financed more than INR 1975.72 cr. for multiple commodities pan India. It has impacted about 432460 farmers till 31st May 2019.