Shree Shubham Logistics Ltd., a subsidiary of the Kalpataru Power Transmission Ltd., has signed a Memorandum of Understanding (MoU) with Development Credit Bank, facilitating post harvest credit facilities for farmers against warehouse receipts.

As per the arrangement, Shree Shubham Logistics Ltd, providing end-to-end solutions to all the commodity stake holders in the agricultural and non-agricultural segment with a pan-India presence, will provide collateral management to DCB for extending post-harvest credit facilities to farmers, Agri enterprises and processors.

SSLL, managing a complete commodity value chain at its own Agri Logistics Parks at 10 locations in Rajasthan and Gujarat and expanding its footprint by setting up 17 ALPs in next 1-2 years in the state of Madhya Pradesh and Maharashtra, has ambitious plans to develop 41 ALPS across the country.