Sarveshwar Foods Signs ₹1.97B MoA With JKHPMC for Basmati Cluster Development

Sarveshwar Foods Ltd., one of India’s leading Basmati rice processors and exporters, has entered into a landmark agreement with the Jammu & Kashmir Horticulture Produce Marketing & Processing Corporation (JKHPMC). The ₹1.97 billion MoA is part of the Holistic Agriculture Development Programme (HADP), aimed at strengthening the agricultural ecosystem in Jammu & Kashmir.

The project will focus on developing an Integrated Basmati Cluster across RS Pora, Samba, and Kathua districts. It is expected to enhance value addition, improve farmer incomes, and expand export opportunities for premium Basmati rice. The initiative also aligns with the government’s vision of modernizing agri-processing infrastructure and promoting sustainable rural development.

Key Highlights

• MoA Value: ₹1.97 billion.
• Partnership: Sarveshwar Foods Ltd. and JKHPMC.
• Programme: Holistic Agriculture Development Programme (HADP).
• Project Scope: Integrated Basmati Cluster in RS Pora, Samba, and Kathua.
• Impact: Boosts farmer incomes, strengthens agri-processing, enhances exports.
• Strategic Goal: Position Jammu & Kashmir as a hub for premium Basmati rice.

This collaboration marks a significant step in leveraging public-private partnerships to transform India’s agri-value chain, with Sarveshwar Foods playing a pivotal role in driving growth and sustainability.

Sources: Business Voice Now; Economic Times.