Financial Times

Hayleys Agro partners Eastern farmers in gherkin and paddy project

Hayleys Agro has launched a programme, in partnership with farmers in the Eastern Province, to produce 5,000 MT of gherkin and 100,000 bushels of seed paddy by 2011.

Hayleys Agro plans to work with 2,500 farmers in the Eastern Province to achieve the targeted Gherkin production by 2011, said a press release from the company. The total income expected to be generated through this project is around Rs. 100 million.

The company also plans to enlist 800 paddy farmers with access to 400 hectares of paddy for its seed paddy project, which would earn about Rs. 75 million.

Hayleys Agro will introduce new technology in agriculture and provide training and best practices to improve productivity and quality. The company has also put in place a buy-back arrangement assuring farmers of a consistent price for their seed paddy and gherkins. Additionally, Hayleys Agro would contribute to capacity building, provide assistance on post harvest handling and market access, and will set up a seed paddy processing unit in the Eastern Province, the company said.

 
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