MAHINDRA SHUBHLABH SERVICES LIMITED

Company Description

Overview The Mahindra Group established Mahindra Agribusiness* in 2000, with an equity stake from International Finance Corporation (IFC, Washington). Mahindra Agribusiness integrates the agriculture and food chain from agri inputs right through to agri commodities. The Company&＃039;s business is to establish agri centres in various districts of the country either under the Mahindra Krishi Vihar franchisee model or directly as Mahindra Agribusiness. Currently, the Company&＃039;s operations cover about 100,000 acres across 8 states. Its primary focus is on crops like basmati, maize, barley, cotton, lentils, soybeans, durum, hyola and other oilseeds such as sunfloMAHINDRA SHUBHLABH SERVICES LIMITEDr and mustard. Steps are also being taken to develop the high value segment of Indian high value segment of Indian farming: contract farming of crops with organic cultivation, aromatic medicinal crops like geranium, patchouli, etc. and other crops like pomegranates, grapes, gherkins, garlic, onions, potatoes as well as crops destined for organised retail as well as for the Seed Industry. Within the agri inputs area, Mahindra Agribusiness has taken a direct initiative in launching its brand of wheat, maize, sunflower, groundnut and a range of vegetable seeds as well as agro chemicals. In addition, the Company has also acquired land in Pune to set up a Research & Development facility for seeds and saplings. The development of bio-fuels, a top priority for an automotive major like Mahindra & Mahindra, is another area Mahindra Agribusiness is looking into. Mahindra Agribusiness is the first Indian corporate to be awarded a EUREPGAP certificate as &＃039;Primary Marketing Organisation&＃039; for grapes. The Company has recently taken an initiative in processing and exporting gherkins grown by its farmer network and expects to strongly focus in the area of Supply Chain Management for Modern Retail and processing of horticultural produce out of India. *Legal Entity - Mahindra Shubhlabh Services Limited