Sarveshwar Foods Limited (BSE: 543688, NSE: SARVESHWAR), engaged in the business of manufacturing, trading, processing, and marketing of branded and unbranded basmati and non‐basmati rice and other products in the domestic and international markets has entered into partnership with Boomitra O2C Tech India to revolutionize sustainable agricultural practices. This landmark agreement also aims to boost productivity, improve soil health, and generate income through sale of carbon credits for Sarveshwar Foods Ltd and ~17,000+ farmers covering 45,000 acres associated with Sarveshwar Foods Ltd.
This partnership marks a significant leap towards sustainable agriculture. Boomitra, a leader in the soil carbon marketplace, will bring its expertise to help farmers associated with Sarveshwar Foods Ltd adopt regenerative agricultural practices. By promoting sustainable farming, the initiative aims to enhance productivity, improve soil health, reduce the carbon footprint, and generate additional income for farmers. Farmers and Sarveshwar Foods Ltd will generate additional revenue through the sale of carbon credits generated by the GHG reduction initiatives. The partnership highlights the joint commitment of Sarveshwar Foods Ltd and Boomitra to environmental sustainability, the economic empowerment of farmers, and the promotion of regenerative agricultural practices in India.
Boomitra is the leading international soil carbon marketplace. Powered by AI and remote sensing technology, it empower farmers and ranchers to transform agricultural practices, earn new streams of income, and create a thriving planet. Boomitra sells the carbon credits to corporations and governments worldwide, enabling them to meet their sustainability goals. The majority of the proceeds from each carbon credit sold is given directly to the farmers, allowing them to re‐invest in themselves and their communities. With over 5M+ acres currently under management, Boomitra is working with farmers and ranchers to accelerate carbon removal on a gigaton‐scale, while helping them produce more with less.
Sarveshwar Foods Limited (SFL) is an ISO 22000:2018 and USFDA (United States Food and Drug Administration) certified company. SFL also has BRC (biggest global standard for food safety), Kosher, NPPO USA & CHINA along with NOP-USDA Organic certifications for its products. The Company is mainly engaged in the business of manufacturing, trading, processing, and marketing of branded and un‐branded basmati and non‐basmati rice in the domestic and international markets. Our operations are based out of the Jammu Region in the State of Jammu and Kashmir. SFL has sustainable and eco+ve legacy of serving healthy and tasty rice for more than 130 years and in last couple of decades proliferated its heritage to other premium categories of FMCG and Organic products. SFL belongs to the lands in foothills of Himalayas which is nourished by fertile mineral‐rich soil, organic manure and snow melted waters of river Chenab, wherein without using any artificial fertilizers and chemicals, they produce full range of ‘ORGANIC’ products, being sold with brand name ‘NIMBARK’‐ conceptualised to spread the philosophy of the ‘SATVIK’ conscious lifestyle. To sell its products, SFL has adopted 3‐way strategies, first through conventional channels, another to have its own retail outlets, and to tap young and tech savvy generations’ growing tendency of buying products online.