Kohima: Zetta Farms, a Rajasthan-based agricultural innovation company, will invest Rs 160 crore in Nagaland to promote socio-economic growth and improve the livelihoods in the state, marking a significant step in the agricultural sector in the northeastern region.
The company signed an MoU with the Tseminyu district planning and development board (DPDB) on August 19 to obtain 5,000 acres of land along with an investment of Rs 160 crore with an aim to boost the economic growth, protect the natural environment, and empower local farmers in Tseminyu.
Rituraj Sharma, CEO of Zetta Farms, emphasised the company’s belief in Nagaland’s potential to become a model of sustainable agricultural growth.
“We will be using drone technology in the farms of Nagaland as well. Apart from agricultural improvements, Zetta Farms plans to extend support to Nagaland’s farm workers, aiming to help them achieve higher yields, minimize wastage, and overall, improve their livelihoods by empowering them. Also, a total of Rs 160 crore will be invested,” Sharma told Business-Northeast.
This partnership entails Zetta Farms utilising the government’s infrastructure support while taking up the responsibility of managing and enhancing agricultural production.
Sharma stated that the expansion is not only focused on cultivation but also aims to drive socio-economic advancement, preserve the environment, and empower the community. He also expressed optimism about leading Nagaland towards becoming India's first carbon-positive state through collaborative efforts with the government and the implementation of innovative initiatives.
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