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Sohan Lal Commodity Management (SLCM), India’s leading Agri-logistics solutions Group, has been conferred with “The Economic Times Global Logistics Excellence Award” for “Supply Chain Disruptor Icon of the Year” for its disruption in the agri sector. The award was presented by Tata Strategic Management Group in association with CNBC TV 18.
With this win, SLCM joins an illustrious league of institutions that have been conferred this award. The awards were judged by an eminent jury comprising senior industry professionals.
These prestigious awards were presented during the ‘Global Perishable & Agri Logistics Conclave 2017’ held at The Leela, Mumbai on April 18, 2017 in the presence of a distinguished gathering of business leaders, academics, boardroom professionals and policy makers.
On the win, Sandeep Sabharwal, Group CEO, SLCM said, “This prestigious award validates SLCM’s efforts to bring innovation in the agri-supply chain space and is testimony to the strong understanding of the agri-supply chain it has gained over the period of time by providing post-harvest Agri-Logistics services”.
The goal of these awards is to identify shortlist and bring to the forefront individuals, organizations and projects that have created excellence in the logistics domain.
Suresh Prabhu, Minister of Railways also conveyed his message to support the event, “I congratulate the organizing team, exhibitors, speakers, delegates of Global Logistics Show 2017 and wish them great success for the show. I believe this event will play an integral part in the development of the sector by providing interactive forum for industry leaders to meet and share knowledge and transact business.”
SLCM has been focusing on creating the Differentiator in this field and over time demonstrated its capability in rolling out new and efficient products and services that benefit the agri logistics environment. Be it their process AGRI REACH (patent pending) which reduces post-harvest losses or Kissandhan (Group’s wholly owned NBFC to offer Warehouse Receipt Financing) which has changed the paradigm of agriculture financing to bring about real “Financial Inclusion”.
SLCM is equipped with technology to offer storage and protection services for the entire range of agri-commodities. SLCM has been handling about 515 agriculture commodities including Rice, Wheat, Maize, Mustard, Pulses, Cotton, Barley, Bajra, Castor Seeds, Spices across India. The company manages a technology enabled network of more than 1895 warehouses and 19 cold storages pan India with a spread of over 34.8 mn sqft areas and a throughput of more than 496.05 Million MT. The Group has also applied for patenting this scientific technology of storage under the aegis of “AGRI REACH”.
The Group also has a wholly owned NBFC in India christened as "Kissandhan" which has changed the paradigm of collateral financing by financing across diversified agri products whilst being agnostic to balance sheet of the borrower yet complying with the prudential norms of RBI. In a short tenure, Kissandhan has already financed more than Rs 855 crore across 86 locations and multiple commodities in India. It has impacted about 1, 87,185 farmers till March 2017.