Twitter
Advertisement

Tata Trusts, Mars announce partnership for agriculture development in India

The two have signed an MoU to develop methods and tools to increase crop productivity, farm income and sustainability of select agriculture commodities among others, Tata Trusts and Mars Incorporated said in a joint statement.

Latest News
article-main
Ratan Tata, Chairman, Tata Trusts
FacebookTwitterWhatsappLinkedin

Tata Trusts and global food major Mars Incorporated on Wednesday announced a partnership to work for advanced agriculture development, address malnutrition and improve food safety in India.

The two have signed a Memorandum of Understanding (MoU) to develop methods and tools to increase crop productivity, farm income and sustainability of select agriculture commodities among others, Tata Trusts and Mars Incorporated said in a joint statement.

Besides, they will also collaborate on the availability of safe, affordable, and sustainable raw materials from India.

"Mars Food, a segment of Mars Incorporated, also intends to conduct joint research with the Tata Trusts on nutritional guidelines that can help address anemia and other forms of malnutrition," the statement said.

Chairman of the Tata Trusts Ratan Tata said, "Given Mars' global leadership in nutritive foods and sustainable agriculture, the Tata Trusts believes this collaboration will have lasting, meaningful benefits for Indian communities."

Also read: Tata Trusts ties up with Khan Academy to provide free online education in India

He further said, "We are particularly inspired by Mars Food's commitment to addressing malnutrition in India - a challenge of growing concern in this country, particularly among children."

Mars Food President Fiona Dawson said, "Today's MoU with the Tata Trusts is an important step in Mars' journey to improve nutrition, food safety, and sustainability in India."

Tata Trusts and Mars also plan to collaborate on reducing Aflatoxin contamination in India's supply chain. Aflatoxin is a naturally occurring, a poisonous chemical produced by certain molds - is a critical food safety issue in India.

Tata Trusts is a coalition of philanthropic trusts headquartered in India, working to improve the quality of life of the communities it serves in India. It includes the Sir Dorabji Tata Trust, Sir Ratan Tata Trust, and Navajbai Ratan Tata Trust.

Mars has expertise in addressing Aflatoxin contamination and can draw on its Global Food Safety Centre in China to conduct future research in this area, the statement said.

US-based Mars Incorporated is a private, family-owned business and has over $33 billion (nearly Rs 2,20,110 crore) in sales from six diverse business segments - petcare, chocolate, wrigley, food, drinks and symbioscience.

It owns global brands as M&M'S, Pedigree, Doublemint and Uncle Ben.  

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement