Jain Irrigation Systems (JISL), the country’s largest Micro Irrigation Company and agriculture conglomerate, has entered into a national level tie-up with a public sector lender, Dena Bank. This tie-up will help farmers increase their acreage under irrigation by minimum use of available water resources. A Memorandum of Understanding (MoU) has been signed between the bank and JISL for the same.
Through this tie-up, JISL will assist the bank in identifying eligible farmers with a requirement for micro irrigation systems and crop management services among others.
Further, 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, is being encouraged by various state governments.
Jain Irrigation Systems is a manufacturer of a wide variety of PVC pipes, PE pipes, water and gas transportation pipes, ducts for optical fibre cables and drip irrigation pipes. It is also engaged in tissue culture of bananas and pomegranates and is the world’s largest processor of mangoes and is the world’s second largest processor of onions and vegetables.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3705.80 |
| Astral | 1612.85 |
| Finolex Inds | 174.70 |
| Nilkamal | 1320.05 |
| Jain Irrigation Sys | 33.05 |
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