India RegionAgriculture Industry

Bayer partners with Small Farmers’ Agri-Business Consortium (SFAC) to promote FPOs

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05 October 2022, New Delhi: Small Farmers’ Agri-Business Consortium (SFAC) and Bayer CropScience Limited have signed a Memorandum of Understanding to form and promote 50 specialized Farmer Producer Organisations (FPOs).

In collaboration with SFAC, Bayer CropScience Limited has identified clusters in 10 states and will aim to assist smallholder farmers with business planning, identification of key enablers, creation of market linkages and knowledge transfer, while working to establish 50 Farmer Producer Organizations.

SFAC’s partnership with Bayer CropScience Limited will help strengthen grower collectivization and support farmer collectives to evolve as profitable and self-reliant business entities. Bayer CropScience Limited is one of the world’s leading innovative crop science companies providing sustainable farming solutions and has conceptualized an initiative with key value chain partners to build capacities of FPOs in India.

SFAC has emphasised the importance of collectivisation and FPOs important role in it. FPOs play a big role in building socio-economic resilience of the farmers, leveraging economies of scale in production and marketing. Value Chain organisations like Bayer has an important role to play in achieving the project’s objective. Its vast experience and outreach will certainly benefit the ultimate primary stakeholder. 

Speaking on this milestone occasion, Simon-Thorsten Wiebusch, Country Divisional Head – Crop Science Division of Bayer for India, Bangladesh & Sri Lanka, said, “India is a nation of smallholder farmers. Collectivization in the form of a vibrant and strong network of Farmer Producer Organizations (FPOs) will not only improve farmers’ incomes but also supports the building up of a robust food value chain network to aid India’s food security, supporting food quality improvements and export potential..”

Also Read: Heartfulness Institute to set up a Millet Experience Centre to promote the International Year of Millets

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