April 27, 2024

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Passion For Business

Spices Board to launch cloud based live e-auction for cardamom

In a technological innovation empowered initiative to acquire edge on rising prospects to spike effectiveness, transparency and improved profits for all stakeholders, Spices Board India will start a cloud based mostly dwell e-auction facility on Monday (November one) at the e-Auction centre at Spices Park, Puttady in Idukki.

The cloud system is aspect of the Board’s constant initiatives to incorporate escalating benefit to Indian cardamom trade and export, by aligning rising systems to facilitate tangible raise in benefit of returns, usefulness, transparency and improved cost in cardamom trade. The cloud based mostly dwell e-auction facility is intended as a technological innovation-empowered resolution to handle the existing hurdles confronted by the traders for participation in the auctions with interstate travel.

Dean Kuriakose, Member of Parliament, Idukki and member Spices Board will inaugurate the cloud-based mostly dwell e-auction on Monday. The function will be presided by A G Thankappan, Chairman, Spices Board. The keynote handle will be shipped by D Sathiyan, Secretary, Spices Board.

“Unlike the present process, when this system gets dwell, growers, sellers and auctioneers can collectively consider aspect in auctions from any a person of the e-auction centres, Spices Park, Puttady or the auction centre at Bodinayakanur, Tamil Nadu, as for every their choice without the need of relocating into respective auction centres” mentioned D. Sathiyan, Secretary, Spices Board.