Financial Daily from THE HINDU group of publications
Wednesday, Mar 17, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Alliances & Joint Ventures
Agri-Biz & Commodities - Cultivation


Plastro Plasson tie-up with Punjab co for drip irrigation

Our Bureau

New Delhi , March 16

PLASTRO Plasson Industries (India) Ltd (PPIIL), a Finolex group joint venture with Israel's Plastro Plasson, has entered into a five-year tie-up with Punjab Agriculture Food Parks Ltd (PAFPL) to strengthen supplies and installation of drip irrigation systems in north India.

Under the agreement, PPIIL will supply irrigation systems, green houses and shade nets exclusively to PAFPL's registered farmers in Punjab for an initial period of five years.

For the first time, PPIIL, according to its statement here, will be providing demonstrations to potential farmer-customers. PAFPL is targeting 5,000 farmer-members who regularly touch base with the apex body for updates on products, services and emerging technologies in farming.

PAFPL is a subsidiary of Punjab Agro Corporation and is engaged in supplying agricultural inputs and farm machineries to its members.

PPIIL will thus be getting access to a captive target customer base for its world-class drip irrigation systems.

According to Mr Satish Ghatpande, Director, PPIIL, the company is appointing a full-time agronomist. His office, housed in PPIIL office space, will also serve as a canvassing point for PPIIL and its farmer-customers who have to conform to certain output standards under their contract farming deals and hence do not mind buying high-end drip irrigation systems.

"It's a win-win situation for both PPIIL and PAFPL as the alliance provides additional revenue stream for PAFPL through royalty fees from PPIIL," Mr Ghatpande said.

More Stories on : Alliances & Joint Ventures | Cultivation

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Baxter India cuts dialysis fluid prices


European foray planned for Kinetic Nova
Orchid Chemicals to raise $75 m through bond issue
Lupin gets A1 rating for short-term debt programme
Amtek Auto to acquire UK firm for £5 m
ONGC to expand MRPL capacity by another 3 mt
Plastro Plasson tie-up with Punjab co for drip irrigation
Maruti still bets on the 800 model to drive growth
Unichem charts roadmap to move into big league
New Director for NMDC



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line