- October 13, 2023
- Posted by: legaleseblogger
- Category: Related News
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**Sahyadri Farms crosses Ôé╣1,000 crore turnover milestone**
The Farmer Producer Company (FPC) in horticulture, Sahyadri Farms, has achieved a significant milestone by crossing a turnover of Ôé╣1,007 crore in the fiscal year 2022-23. This marks a growth of 28 per cent compared to the previous year’s turnover. Sahyadri Farms has been actively involved in promoting 48 farmer producer companies that are engaged in specific horticulture crops or zones for pre-harvest and post-harvest activities.
During the financial year, Sahyadri Farms processed and exported approximately 275,327 metric tonnes of produce originating from 40,000 acres of land cultivated by 24.5 thousand affiliated farmers. The revenue sources for the company included Ôé╣352 crore from exports and Ôé╣654 crore from domestic markets. The sales were divided into 53 per cent from the fresh category and 47 per cent from processed products, agricultural inputs, and other business activities, contributing to the total turnover of Ôé╣1,007 crore.
The growth of Sahyadri Farms has had a positive impact on job creation, with approximately 1,300 full-time jobs and 4,000 seasonal jobs being generated. This growth is a testament to the company’s dedication to promoting sustainable agriculture and supporting farmers.
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