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1/28/2015 SLCM inks deal to boost Myanmar agri industry http://www.indiaretailing.com/FoodGrocer/7/42/43/12880/SLCMinksdealtoboostMyanmaragriindustry 1/3 Hi Guest Login / Registration Total Items in the Cart (0) PRINT MAIL SLCM inks deal to boost Myanmar agri industry VIEW MORE PHOTOS VIEW MORE ARTICLES ADD NEW COMMENT LOGIN Home » Industry Update Jan 27, 2015 SLCM inks deal to boost Myanmar agri industry By Progressive Grocer Bureau Sohan Lal Commodity Management Pvt. Ltd. (SLCM), a Delhibased agrilogistics company, has signed an official agreement with Yoma Bank, one of the leading private banks in Myanmar, for Collateral Financing. Through this initiative, SLCM would provide comprehensive agricommodity Warehouse Management, Procurement, Logistics and financial solutions support to farmers, processors, traders, agriculture exchanges, exporters and importers across Myanmar. Yoma Bank will offer farmers to pledge 60% of their commodities, stored at SLCM’s warehouses, for a certain period at an interest rate of 13% p.a. SLCM is the first warehousing company from India to provide the same scientific and financial support to agri economies of ASEAN countries. Commenting on the agreement, Sandeep Sabharwal, Group CEO, SLCM said, “We have replicated our best practices & expertise in the agriculture warehousing domain in Myanmar." Other dignitaries present in the ceremony were Sunil Seth, Country Head, Tata International, Moe Myint Kyaw Secretary General of UMFCCI, Myanmar, Industry Leaders, Grain Traders & various Bankers. Speaking on the occasion, Sunil Seth, Country Head Tata International commented, “This is the right step taken by SLCM Ltd. for further development of infrastructure and economy of Myanmar.” SCLM is the only company in India which has patented commodity management processes, which ensure almost negligible storage losses and works with a motive to provide innovative and affordable range of services to the agrisector. The company is present in India in over 70 locations across 20 states with 600+ warehouses. A billion new Opportunities in Resurgent India. Explore all at one Place. #Food and #Grocery #Forum #India.... fb.me/1nlGlCfb5 India Food Forum @IndiaFoodForum The finest knowledge ingredients to create India's next‐generation food businesses. Food and Grocery Forum india... fb.me/372EaE9It India Food Forum @IndiaFoodForum India Food Forum 26 Nov 26 Nov 25 Nov Tweets MOST POPULAR MOST COMMENTED LATEST ARTICLE EDITOR‘S PICK HyperCITY steps up expansion drive with equal focus on metros and tier II locations VMart reports PAT boost by 70 pc in Q3FY15, announces new board appointments Twenty Four Seven launches meal solutions SLCM inks deal to boost Myanmar agri industry Anant Fresh launches athome delivery model, to open 10 new stores FOOD & GROCERY INDUSTRY UPDATE FEATURES Q&A PRODUCTS TECHNOLOGY INDUSTRY SPEAK MORE » Search Login / Registration Newsletter Who‘s Who Bookstore Awards & Events Photos Videos Blogs RETAIL FASHION FOOD SERVICE FOOD & GROCERY BEAUTY & WELLNESS SHOES & ACCESSORIES
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1/28/2015 SLCM inks deal to boost Myanmar agri industry
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Home » Industry Update
Jan 27, 2015
SLCM inks deal to boost Myanmar agri industryBy Progressive Grocer Bureau
Sohan Lal Commodity Management Pvt. Ltd.(SLCM), a Delhibased agrilogistics company,has signed an official agreement with YomaBank, one of the leading private banks inMyanmar, for Collateral Financing. Through thisinitiative, SLCM would provide comprehensiveagricommodity Warehouse Management,Procurement, Logistics and financial solutionssupport to farmers, processors, traders,agriculture exchanges, exporters and importersacross Myanmar.
Yoma Bank will offer farmers to pledge 60% oftheir commodities, stored at SLCM’swarehouses, for a certain period at an interestrate of 13% p.a. SLCM is the first warehousingcompany from India to provide the samescientific and financial support to agrieconomies of ASEAN countries.
Commenting on the agreement, SandeepSabharwal, Group CEO, SLCM said, “We havereplicated our best practices & expertise in theagriculture warehousing domain in Myanmar."
Other dignitaries present in the ceremony wereSunil Seth, Country Head, Tata International,Moe Myint Kyaw Secretary General ofUMFCCI, Myanmar, Industry Leaders, GrainTraders & various Bankers.
Speaking on the occasion, Sunil Seth, Country Head Tata International commented, “This is the rightstep taken by SLCM Ltd. for further development of infrastructure and economy of Myanmar.”
SCLM is the only company in India which has patented commodity management processes, whichensure almost negligible storage losses and works with a motive to provide innovative and affordablerange of services to the agrisector. The company is present in India in over 70 locations across 20states with 600+ warehouses.
A billion new Opportunities in Resurgent India. Explore all at one Place. #Food and #Grocery #Forum #India.... fb.me/1nlGlCfb5
India Food Forum @IndiaFoodForum
The finest knowledge ingredients to create India's next‐generation food businesses. Food and Grocery Forum india... fb.me/372EaE9It
India Food Forum @IndiaFoodForum
India Food Forum
26 Nov
26 Nov
25 Nov
Tweets
MOSTPOPULAR
MOSTCOMMENTED
LATESTARTICLE
EDITOR‘SPICK
HyperCITY steps up expansion drive with equalfocus on metros and tier II locations
VMart reports PAT boost by 70 pc in Q3FY15,announces new board appointments
Twenty Four Seven launches meal solutions
SLCM inks deal to boost Myanmar agri industry
Anant Fresh launches athome delivery model,to open 10 new stores
FOOD & GROCERY INDUSTRY UPDATE FEATURES Q&A PRODUCTS TECHNOLOGY INDUSTRY SPEAK MORE »
Search Login / Registration Newsletter Who‘s Who Bookstore Awards & Events Photos Videos Blogs
RETAIL FASHION FOOD SERVICE FOOD & GROCERY BEAUTY & WELLNESS
SHOES & ACCESSORIES
