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BOM:532694

2 stories mentioning BOM:532694Updated 27d ago

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Asia

Avio Smart Market Stack Signs MoU to Build Freeze-Drying Facility in Tripura

Avio Smart Market Stack (NSE:ASMS, BOM:532694) signed a memorandum of understanding with the Government of Tripura to establish a freeze-drying facility for fruits and vegetables, according to a Tuesday exchange filing.The company said the project is expected to create about 500 direct and 800 indirect jobs.The facility will use freeze-drying technology to reduce post-harvest losses, extend the shelf life of produce, and improve farmers' access to domestic and international markets, the filing said.

BOM:532694NSE:ASMS
Asia

Avio Smart Signs MoU with UAL Biotech to Explore Opportunities in Sustainable Agriculture in India

Avio Smart Market Stack (NSE:ASMS, BOM:532694) has entered into a memorandum of understanding with Singapore-based bio-innovation company UAL Biotech to explore opportunities in sustainable agriculture and rural ecosystem development, according to a Friday filing to the Indian stock exchanges.Through the partnership, both parties will explore the deployment of bio-based agricultural inputs through Avio Smart's platform, along with farmer advisory and training programs.The companies will also work on developing traceable, chemical-free supply chains and pilot projects to show the impact of sustainable farming practices.The collaboration aims to integrate ASMS's rural digital network of over 5,000 villages and reach of around 40 million farmers and rural residents with UAL Biotech's eco-sustainable biological solutions.

BOM:532694NSE:ASMS

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