SLCM (Sohan Lal Commodity Management) Pvt Ltd has created a cellular app that can assistance evaluate various good quality parameters of agricultural commodities within just minutes and it will likely be released by this month-stop.
“This will be a video game-changer and a defining moment for India. The app is centered on artificial intelligence (AI) and equipment mastering (ML). It is the end result of about four decades of analysis carried out by us,” claimed Sandeep Sabharwal, Chief Executive Officer (CEO), SLCM group.
In 2018, the organization used for a patent for the app. It would be readily available for downloading at the stop of the month on smartphones or tablets.
Free of charge of charge, originally
“Initially, the app will be readily available free of any charge. Then, it will be membership-centered,” Sabharwal informed BusinessLine.
The app will examine various good quality parameters in a range of foodgrains and pulses apart from guar in no time with 90 per cent precision as opposed to tests done by labs. The effects supplied by the app will be mechanically as opposed with pre-fed info in the firm’s again-stop procedure that will frequently update by itself via ML on a actual-time foundation, the SLCM Ceo claimed.
“We gained a complex assistance grant of €125,901 (₹1.eleven crore) from the Complex Help Facility of Incofin agRIF fund and the Smallholder Safety Web Upscaling Programme (SSNUP) in Europe in direction of the progress of the app’s good quality software for foodgrains and pulses,” Sabharwal claimed.
The benefit of the app about the common good quality labs or some of the new programs that are coming in serving to to deliver good quality studies promptly is that it does not will need to be established up in any place or any manpower or electric power to scan the commodity.
“The cellular by itself is an instrument, which is impartial of any cellular community. It will be portion of our AgriReach, which is an aggregator-centered scientific warehousing product to store any crop agnostic of infrastructure, place, weather conditions or geography,” Sabharwal claimed.
The moment the app is released, its on-ground utilisation will assistance to enhance good quality checks of agricultural commodities and disseminate the promptly attained good quality management effects in a safe and clear natural environment, he claimed.
SLCM was established in 2009 by Sabharwal and four some others with a meagre expenditure of ₹6 lakh. Its “grandparenting firm” was associated in milling of pulses for a long time. “We realised that agricultural management companies were lacking with a handful of millers and arthiyas (commission brokers) only possessing infrastructure these types of as warehouses,” the SLCM CEO claimed.
With the state staying a single that had multi-crops and seasons, people today were not entirely conscious of what crop was grown, when and exactly where. “Nor were they backed by right storage infrastructure of finance,” he claimed.
This led to the organization opting for an algorithm-centered software and named it AgriReach. “It is our proprietary procedure for which we have sought patent,” the SLCM CEO claimed, adding that AgriReach will help lower post-harvest losses via intelligent infrastructure management.
“The software combines a collection of processes, audits and actual-time monitoring of amenities to give updates on which crops can be stored, exactly where and when. It employs strategies like geo-fencing, actual-time monitoring, bar-coded storage receipts to keep away from thefts or pilferage and inside audits with a maker and checker coverage at each and every degree of operation,” Sabharwal claimed.
From April this calendar year, SLCM has started utilizing an additional proprietary solution “AgriSuraksha”, which is an net-centered surveillance engineering that will help actual-time monitoring of storage warehouses. “This incorporates satellite interaction in spots exactly where there are no right electric power connections or lights,” he claimed.
As of August 2021, SLCM tracks two hundred warehousing amenities utilizing AgriSuraksha. By the shut of the present-day fiscal, eighty per cent of its warehouses will be introduced less than its protection.
Sabharwal claimed a important change that SLCM has introduced into agricultural funding is managing “crop as collateral”. For this reason, it purchased a Chennai-centered non-banking finance enterprise (NBFC) and renamed it Kissandhan.
“Our NBFC extends finance to farmers managing their crop as a collateral. So considerably, we have financed 5.02 lakh farmers with our disbursements totalling ₹2,24.33 crore till August 31,” he claimed.
Presently, New Delhi-centered SLCM is current in 7,157 spots throughout the state possessing 102.54 million sq ft of storage, which include cold storages. It has managed 1.75 billion tonnes. “We tackle 959 commodities in India. By 959 commodities, we include different types within just a crop,” he claimed.
The organization also manages a community of 255 industrial zones in Myanmar, handles 525 commodities, possesses six.91 million sq ft of storage area and has managed eleven.64 million tonnes of agricultural products.
“We have produced a beneficial impact in the livelihoods of about three.86 crore people today apart from an additional 19.34 crore. We ply ten,000 vehicles each individual month carrying 7.5 million tonnes of agricultural commodities and other products throughout our networks in India as very well as Myanmar,” Sabharwal additional.
“Even all through Covid-19 shutdown, our employees carried vital commodities throughout the state to be certain timely delivery,” he claimed.