With the roots of the Malaxmi Group being in Infrastructure Development, Agriculture Infrastructure is a natural extension to our agribusiness activities.
We believe that a major source of competitiveness in agricultural value chains is access to affordable physical infrastructure. This includes infrastructure that supports on-farm production (e.g. irrigation, pre- and post-harvest storage), ensures efficient trading and exchange (e.g., covered markets), adds value to the domestic economy (e.g. agro-processing and packaging facilities), and enables produce to move rapidly and efficiently from farm-gate to processing facilities and on to wholesalers (bulk storage, refrigerated movement)
Malaxmi has started implementation of Mega Food Parks (MFP). MFPs are integrated food processing zones with backward and forward linkages that provide critical physical infrastructure support for food processing companies. MFP will typically provide post-harvest infrastructure, agro-processing facilities, quality assurance labs, warehousing, cold storages and distribution infrastructure along with industrial plots for food processing companies.
Malaxmi has acquired 200 acres land for setting up a Mega Food Park in Krishna District of Andhra Pradesh and is likely to start commercial operations soon.
Further, Malaxmi is implementing development of an Agro Trade Centre (ATC) in Eluru, West Godavari District in Andhra Pradesh. The ATC will create infrastructure and house agriculture related businesses and facilities in three acres of land. The project is being developed as a PPP project with Government of Andhra Pradesh.