Maharashtra govt signs ₹2,500 crore agriculture MoU with Rural…

Team S · 2026-01-26T16:17:47.000Z

The Government of Maharashtra has signed a Memorandum of Understanding (MoU) valued at approximately ₹2,500 crore with Rural Enhancers Group and Nutrifresh Farm Tech India Pvt. Ltd. at the ongoing World Economic Forum (WEF) in Davos, Switzerland -marking one of the key agriculture-focused agreements signed at the summit. The signing took place in the presence of Chief Minister Devendra Fadnavis, with Ambar Ayade, MD & CEO of Rural Enhancers Group, and Sanket Mehta, CEO of Nutrifresh, executing the agreement. Under the MoU, the partners will invest in climate-smart and technology-driven agriculture projects in Maharashtra, set to operationalise from April 2026. Rural Enhancers Group will act as the funding agency and project integrator, while the Maharashtra government will provide policy, institutional, and implementation support. The initiative aims to leverage Nutrifresh’s AI and IoT-based controlled environment agriculture technology to deliver high-quality produce, enhance yield consistency, and support sustainable farming practices across the state. Nutrifresh, founded in 2019 by Ganesh Nikam and Sanket Mehta, currently operates across 15+ Indian states, offers a portfolio of 50+ products, and serves select international markets as it plans expansion to 2,000 acres by 2028 with a target of $250 million in annual revenue.

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Maharashtra govt signs ₹2,500 crore agriculture MoU with Rural… | Newnex