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Jain Irrigation Systems enters into a tie up with IDBI Bank

18 Jun 2013 Evaluate

Jain Irrigation Systems (JISL) has entered into a tie up arrangement with IDBI Bank for financing Minor Irrigation Systems to individual farmers. As per the tie-up JISL will assist the Bank in identifying eligible farmers with a requirement for micro irrigation systems, crop management services, etc. This will help farmers to increase their acreage under irrigation by minimal use of available water resource.

It is expected that a large number of farmers will be financed through this tie-up in the coming months as use of water-saving methods like drip and sprinkler irrigation method, are being encouraged by various State Governments. The tie-up provides assistance to farmers across all the branches of the Bank wherever JISL has a dealer network.

Jain Irrigation is a farmer-centric company and micro irrigation has been its mainstay since the mid-1980s. The company has pioneered a green revolution through micro-irrigation technology, which comprises mainly of drip and sprinkle systems.

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