Corporate News : Indian-commodity.com
Wednesday, October 24, 2007
ITC Inks Agreement With Nagaland, Spices Board
Kolkata: ITC Ltd on Oct 23, inked an MoU with the Government of Nagaland and the Spices Board for development of the famed Naga chilli via a host of initiatives across the agri-value chain. Under the MoU, ITC will undertake to develop a spice crop (Naga chillies being the first) in the identified regions, deploying modern agricultural practices. The MoU covers crop development programmes to improve quality and farm productivity, farm extension services, deployment of customised infrastructure and market development activities. The implementation will be through partner NGOs, which will in turn mobilise self-help groups (SHGs) to collect the produce from the growers and undertake grading and primary processing.
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