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SLCM Group awarded with CII SCALE Awards 2017

Hyderabad,  November, 2017: Sohan Lal Commodity Management (SLCM), India’s leading agri services solutions provider having operations across India & Myanmar, has been conferred with CII Supply Chain and Logistics Excellence (SCALE) Award 2017 in the Agri-warehousing category. SLCM made it to the CII Institute of Logistics shortlist for this award for driving excellence in the field of agri-supply chain and agri-warehousing in India and demonstrating their success in devising innovative technologies in agri industry. Mr. Ankur Jaipuria, CBO and Ms. Varnika Kukreja, Head – Corporate Communication at SLCM received the award from (L to R) Mr. Bala Aghoramurthy, Deputy Managing Director- GATI, Mr. V Rajanna, Chairman- CII Telangana & Vice President & Global Head- Technology Business Unit- Tata Consultancy Services, Mr. Rajiv Kumar Gupta, IAS 1985, Principal Secretary- Labor & Employment- Gujarat Government & Managing Director- Gujarat Narmada Valley Fertilizers & Chemicals, Mr. Binoy Kumar, Special Secretary (Logistics) & Director General World Expo 2020- Ministry of Commerce & Industry, Government of India, Mr. R. Dinesh, Chairman- CII National Logistics Advisory Council & Managing Director- TVS Logistics Services Ltd. & Mr. Sandipan Chakravortty, Chairman- CII National Committee on Logistics & Chairman- TM International Logistics Ltd. at the fourth edition of Supply Chain and Logistics Excellence Awards (SCALE Awards) held on 24th November 2017 at Hotel Novotel, Hyderabad.

The CII SCALE Awards was instituted to encourage, acknowledge and recognize organizations that follow and succeed with best supply chain practices. These awards are considered to be one of the most coveted awards for excellence in the Supply Chain and Logistics industry and are presented to the top 3 companies in both Logistics Industry and User Industry category. Winners of the award have to undergo a tough 5 stage evaluation process and scrutiny by a jury consisting of experts in technology, business and innovation space.

Speaking post the award ceremony Mr. Sandeep Sabharwal, Group CEO, SLCM said, “We are delighted to be recognized by CII Institute of logistics with the CII SCALE Awards 2017. Providing the latest cutting edge, innovative solutions to the agri fraternity is the core function area of SLCM. As a leading business in the agricultural services sector, we are constantly looking to develop new and avant-garde solutions that will benefit the entire agri eco-system. We have championed scientific storage practices through our proprietary agri services solution AGRI REACH and have revolutionized agricultural financing through Kissandhan our NBFC arm. We feel privileged to continuously play a significant role in uplifting the agricultural sector in the country and pioneering innovative solutions in the sector.”

As a winner in the Agri-warehousing category, SLCM has been acknowledged by this award for their innovative and scientific product handling through AGRI REACH thereby promoting an effective and futuristic supply chain and logistics solutions in the agri eco-system. The patent pending technology “AGRI REACH” can reduce post-harvest losses which are presently at 10% annually to just 0.5% irrespective of infrastructure, crop or geographic location of the crop. This has been duly accredited in a study conducted by FICCI as well. Moreover, to prove its scalability in international avenues the Group forayed into Myanmar in April 2014 and as on today SLCM Ltd. Myanmar is an independently running entity successfully curtailing the enormous post harvest losses ranging from 20-25% in that country.

SLCM has been recognised by various industry and trade bodies such as the World Bank, ASSOCHAM, Times Group, Indo Global SME chamber, Golden Peacock and CII amongst others. The Group prides itself as an Innovator in agri industry & has consistently demonstrated its capabilities in rolling out efficient
products and services that empowers the agri ecosystem. Be it their process AGRI REACH (patent pending) which reduces post harvest losses or Kissandhan (NBFC) which has changed the paradigm of agricultural financing to bring real “Financial Inclusion”.

About SLCM Group:

Sohan Lal Commodity Management Pvt. Ltd. (SLCM) is an ISO 9001:2015, ISO 22000:2005, ISO 33000, ISO 14001:2015 & OHSAS 18001:2007 certified Agri-warehousing group. SLCM is equipped with technology to offer storage and protection services for the entire range of agri-commodities. SLCM has been handling about 610 agriculture commodities including Rice, Wheat, Maize, Mustard, Pulses, Cotton, Barley, Bajra, Castor Seeds, Spices, etc. across India. As on October 2017, SLCM manages a technology enabled network of more than 2045 warehouses and 19 cold storages pan India spread over 37.63 Mn sq. ft. area and a throughput of more than 593.38 Million MT. The Group has also applied for patenting this scientific technology of storage under the aegis of “AGRI REACH”.
The Group also has a wholly owned NBFC in India christened as “Kissandhan” which has changed the paradigm of collateral financing by financing across diversified agri products whilst being agnostic to balance sheet of the borrower yet complying with the prudential norms of RBI. In a short tenure, Kissandhan has already financed more than INR 1116.62 cr. for multiple commodities pan India. It has impacted about 2,44,491 farmers till 31st October 2017.

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