Hyderabad: Mumbai-headquartered agriculture products and solutions provider UPL Sustainable Agriculture Solutions Hyderabad (UPL SAS) signed a memorandum of understanding (MoU) with Hyderabad-based sugar producer NSL Sugars (NSL) for promoting sustainable sugarcane production practices.
The collaboration will indirectly add 50,000 beneficiaries across Telangana, Karnataka and Maharashtra. About 30,000 acre will be covered in the first year and gradually taken up to one lakh acre.
Through this partnership, UPL SAS gains market penetration while NSL will reap the advantages of sustainable sugarcane cultivation. The aim is to achieve a 15% increase in yield per acre, which is about 5 metric tonnes per acre, resulting in an additional income of Rs 12,000 to 15,000 for farmers. It is expected to save 6 lakh litre water per acre and 50 kg urea per acre thus promoting green agriculture practices and reducing environmental impact.
"By implementing environmentally-friendly methods, we aim to maximise cane production per acre, leading to improved yields and increased income for farmers," said NSL Group chairman Govinda Rajulu Chintala.
"We are determined to extend sustainable interventions to a wider range of crops," said UPL president global corporate and industry affairs Sagar Kaushik.
"We aim to enhance the livelihoods of farmers, mitigate environmental impact, and ensure the availability of quality sugarcane to meet market demands," UPL SAS chief executive officer Ashish Dobhal said.