Visit of The Chairman of NABARD
Event Date : 12/02/2021-13/02/2021
Indcoserve is equipped for and embracing the future thanks to the support of the Government of Tamil Nadu and National Bank for Agriculture and Rural Development (NABARD). We have embarked on a massive expansion and upgradation exercise to introduce state-of-the-art technology at every level of our value chain, to place small tea growers at par with growers in the private-sector. We are in the process of modernizing 5 of the 16 Indco Tea Factories in phase one at a cost of Rs.18.36crores, granted under the Rural Infrastructural Development Fund (RIDF) program of NABARD.
During his visit, Dr. G.R. Chintala detailed the vision of NABARD to promote sustainable and equitable agriculture and rural development through participative financial and non-financial interventions, innovations, technology and institutional development for securing prosperity and spoke of the importance of initiatives such as these in furthering the goals of NABARD as embodied since its inception in 1982. He inaugurated the Kattabettu Eco-restoration Project, Indco’s Smart Tea Leaf Centre (STLC) at Nanjanad and launched two new mobile applications over the course of his visit.