StarAgri embarks on global expansion with tech-driven agri-services approach

StarAgri, a pioneer in the agri-business sector, has undergone a transformative shift in its business model, transitioning from agri-warehousing services to a comprehensive, technology-enabled integrated agri-services approach. With a renewed focus, the company is now embarking on a journey of global expansion, starting with strategic ventures in Africa and the Middle East.

Amith Agarwal, executive director, and co-founder of Star Agriwarehousing & collateral management, emphasized the company's dedication to serving farmers in key African regions, including Tanzania, Uganda, Nigeria, and Jamaica, with similar agri-services. Notably, in the Middle East, particularly in Dubai, the bustling commodities hub of the UAE, StarAgri has already established warehousing facilities, marking a significant step towards enhancing its global footprint.

Agarwal outlined the company's ambitious goals, stating, "Over the next three years, StarAgri aims to achieve revenues of Rs 3,000 crores, with approximately one-third of this expected to come from global markets. Since our inception, we have evolved from a traditional brick-and-mortar operator to a full-stack agri-tech player. As of 2023, we have a presence in 16 states, boasting a warehousing capacity of over 3.2 million tons and managing assets worth over Rs 10,000 crores. With a service outreach covering more than one lakh farmers and over a hundred Farmer Producer Organizations (FPOs), StarAgri aspires to become a crucial link in the global agri commodities supply chain."

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