MoU10 Nov 2025, 10:58 am
Sarveshwar Foods, Sagam Mushkbudji FPC, and IREF Sign MoU to Boost Kashmir’s Aromatic ‘Mushkbudji Rice’ Procurement
AI Summary
Sarveshwar Foods Limited, Sagam Mushkbudji Farmer Producer Company, and Indian Rice Exporters Federation (IREF) have signed a Memorandum of Understanding (MoU) to explore commercial arrangements for the procurement and promotion of Mushkbudji Rice - a locally produced aromatic rice in Jammu & Kashmir. The agreement aims to establish a framework for good-faith cooperation, outline product quality expectations, and strengthen the supply chain, directly benefiting the Mushkbudji rice farmers represented by the Sagam FPC.
Key Highlights
- Sarveshwar Foods, Sagam Mushkbudji FPC, and IREF sign MoU for Mushkbudji Rice procurement
- Aim to explore potential procurement for a total indicative quantity of 500 Metric Tons (MT) valued at approximately INR 7.5 Crores
- Primary objectives include establishing a framework for cooperation, outlining product quality expectations, and strengthening the supply chain
- Collaboration benefits Mushkbudji rice farmers represented by the Sagam FPC
- Sarveshwar Foods committed to promoting unique agricultural wealth of Jammu and Kashmir