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Dal and Development: MP Govt Pours ₹8.4M into MRP Agro’s Growth Drive

Updated: June 30, 2025 11:48

Image Source: mrpagro.com
MRP Agro Ltd, a new agri-processing player in India, has secured an ₹8.4 million industrial development subsidy from the state government of Madhya Pradesh. The fund-based assistance is under the state's MSME Capital Investment scheme and is for facilitating the company's strategic transition towards value-added processing from food grain trading.
 
Project Overview
  • New Unit: 27,000 sq. ft. urad dal processing facility commissioned at Tikamgarh, Madhya Pradesh.
  • Technology: Fitted with AGI Milltec machinery to be energy-efficient, sensor-based mechanized.
  • Capacity: Grinds 4 tons per hour with annual output of 3 lakh quintals.
Financial Highlights
  • Total Capex: ₹11.1 crore expended, with money coming from internal accruals and a ₹2 crore bank credit.
  • Subsidy Availed: ₹8.4 million through MSME Capital Subsidy program, to finance 40% of the expense of plants, machinery, and buildings.
Sustainability & Innovation
  • Green Energy: Operated by a 150-kW off-grid solar power plant.
  • Product Line: Encompasses Urad Gota, Urad Split Dal, and Urad Churi (used as cattle fodder with high protein content).
Strategic Shift & Future Plans
  • Business Model Evolution: Evolving from trading to processing for added value addition.
  • Expansion Roadmap: Proposal to establish flour, besan, and spice units, cold storage, and a rusk factory.
Sources: Business Standard, SRE Markets, MRP Agro Investor Presentation – FY 2024–25

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