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Private Mandi

  • In September 2020, GOI allowed exporters to buy directly from farmers, thus we started a private mandi yard under our subsidiary company, Fortune Agromart Pvt Ltd in district Bulandshar UP.
  • We sold 10,000 metric tons of Basmati paddy from 2,250 farmers in our mandi during the crop year 2020.
  • We have supplied conventional paddy to major Indian Basmati exporters in the last season to develop relationships with the farmers.
  • During the procurement process, we followed all rules of farm laws,  especially the aspect of depositing payments within 3 days directly into the farmer’s account.
  • We also sold 50 metric tons of wheat seeds at no profit to the farmers.
  • You can learn more about our Private Mandi here.
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