With every passing year, more and more Multinational Companies (MNCs) across the globe are entering the Indian market to sell value-added agri products that fetch far higher prices than what their India-sourced raw commodities fetch. For e.g. a popular brand’s 250 gms. packet of Cornflakes, with minimal fortification, sells at a 3-4 times higher price than raw cornflakes. The same goes for Imported Fruits like Apples, Oranges and Grapes that command a premium of 50-100% over the ones produced in India.
Continue reading “Agriculture Export Policy: Looking Within”
In our earlier blog post, we saw how NeML’s Tech Team did a stupendous job in migrating 50 Applications with over 100 Servers to AWS Cloud in 60 hours to become India’s first company in the BFSI segment to migrate 100% of its applications from Data Centre to the Cloud!
Here’s what Ravindra Shevade, our COO & CTO had to say about it:
When it comes to marketing surplus agricultural produce in India, approximately 30% is traded through regulated agricultural markets, popularly known as Agricultural Produce Market Committees (APMC) or Mandis.
Continue reading “A National Agriculture Market Beyond Mandis”
In the first and second part of this series on ‘Scientific Disposal of Buffer Stocks in India’, we spoke about why India urgently needs a concrete, scientific and systematic disposal plan for buffer stocks.
Continue reading “Scientific Disposal of Buffer Stocks in India – Part 3 of 3”
In mid-April this year when a major fire broke out in NeML’s Data Centre in Mumbai, operations in agri commodities had to be suspended temporarily. This posed a challenge to NeML leaving them with two options:
Continue reading “NeML migrates to AWS Cloud in record time”