MRC Agrotech Ltd announced the signing of a Memorandum of Understanding (MoU) to develop and scale its presence in the agri-technology segment. The collaboration aims to leverage digital tools, data-driven farming solutions, and advanced inputs to enhance productivity, efficiency, and sustainability for farmers and agri value-chain partners.
MRC Agrotech Ltd has entered into a Memorandum of Understanding (MoU) to expand into the fast-growing agri-technology segment, marking a strategic shift from traditional agri-focused operations to tech-enabled solutions. The partnership is expected to focus on integrating digital platforms, precision farming tools, and innovative input solutions for farmers.
The company aims to tap into rising demand for smart agriculture, driven by the need to improve yields, reduce input costs, and manage climate-related risks. Through this MoU, MRC Agrotech plans to co-develop products, pilot technology-based interventions, and explore scalable business models across key agricultural regions.
Key highlights
MoU signed to build and expand presence in the agri-technology segment.
Focus on digital, data-driven and precision farming solutions for farmers.
Aims to enhance productivity, sustainability and cost efficiency in agriculture.
Plans for joint development, pilots and scalable agri-tech models.
Positions MRC Agrotech for long-term growth in India’s evolving agri value chain.
Source: Company announcement / stock exchange filing (MRC Agrotech Ltd).