Covestro, one of the world’s largest polymer companies inaugurated Post-Harvest Technology Park to facilitate harvesting of crops for farmers' and manufacturing companies. It also conducted an educative program on usage and benefits of post-harvest technology after harvesting of crops for local farming community.
The session was attended by the Local farming community (FPO), Lead farmers, Bankers, Government Officials, Distinguished Guest from Covestro AG and NABARD.
Senior delegates present at the event include: Richard Northcote Chief Sustainability Officer, Covestro AG, Ajay Durrani, MD - Covestro (India) Private Limited, Chaitanya Dhareshwar, BCS, Dr. P. M. Ghole CGM, NABARD, M.V. Ashok Methii, Tata Chair Professor - Tata Institute of Social Science and B. Veeralakshmanan, Inclusive Business Head Covestro (India) Private Limited along with senior officials from Yuva Mitra and FPC will be present.
India is among the world’s largest food producers, however the country wastes 40% all harvested agricultural produce. As per various reports, food waste and loss occurs largely due to failed cold chain transits and poor warehouse conditions,
poor/non-scientific harvesting techniques and lack of support to farmers.
Ajay Durrani, MD, Covestro India, said, “Covestro along with various partners is creating an ecosystem to provide farmers best-in class post-harvest technology solutions such as Solar Cold Storage and Solar Dryer. We have seen significant success in helping a community of over 50000 farmers with our food preservation techniques that helped to reduce food insecurity among farmer communities and supported them with additional revenue source.”
Richard Northcote, Chief Sustainability Officer - Covestro AG, “We at Covestro are deeply committed to enable farming communities to build more sustainable business and also contribute to the development of agricultural sector in India. As a part of our ‘Inclusive Business’ umbrella, we firmly believe that a collaborative approach could immensely contribute to the upliftment of farming community in India.”
“We are very optimistic that Covestro technology will contribute enormously to improving the lives of millions while focusing on the application of renewable energy and reducing the wastage of natural resources,” Mr. Northcote further added.”
Covestro is collaborating with unconventional partners from different sectors (customers, NGOs, social enterprises, governmental institutions, and impact investors) in the area of food security solutions, benefiting farmers on the ground by reducing post-harvest-losses, increasing incomes, and improving livelihoods.
This is a great initiative by industry players and will definitely help to boost the agri-horticulture sector and facilitate post-harvest management.
With 2016 sales of EUR 11.9 billion, Covestro is among the world’s largest polymer companies. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, construction, wood processing and furniture, and electrical and electronics industries. Other sectors include sports and leisure, cosmetics, health and the chemical industry itself. Covestro, formerly Bayer MaterialScience, has 30 production sites worldwide and employs approximately 15,600 people (calculated as full-time equivalents) at the end of 2016.
This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.