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Team Lakshya

Manavdeep Singh Grover


Nehal Garg
Ankit Gupta
IIM LUCKNOW
AGRICULTURE RIGHT NOW

Conducted a secondary research and primary research amongst 8 farmers/personnel involved in the agriculture value chain

● Lack of demand prediction and ● Financial enablement to procure ● Sustaining post harvest losses ● High cost of storage and lack of ● Right price at the right time
sowing the optimum seeds equipment, fertilisers, and seeds ● Tackling disguised access to proper facilities ● Crop yield does not match demand
● Unavailability of good quality ● Lack of technical assistance from unemployment ● Spoilage due to lack of ready ● Lack of agri-market infrastructure
seeds the government and research ● Access to credit to procure buyers at the ready prices set up
● Fragmented land holding causing firms machinery ● Distress selling ● Enable Smart Farming, Smart
low yield ● Irrigation and water issues Earning

THE BIG IDEA

Our Idea is to address every pain point throughout the lifecycle of farmers as they become a part of Nestle Supply Chain

SOLUTIONS ACROSS LIFECYCLE Barriers we are overcoming


Awareness Technology Financing Training Productivity
Pre Onboarding

Onboarding

Enabling

Growth
LIFECYCLE

Captured below are the proposed programs and initiatives under the Nestle Nurture program

PRE ON-BOARD ON-BOARD ENABLE GROW

#SABKI AAWAZ NESTLE FTR (FIRST-TIME-RIGHT) NESTLE KRISHAK SAMRIDDHI STORE WITH NESTLE
Offer credit support to farmers through
Creating awareness amongst small and medium A dedicated team of technicians, industry Address the lack of storage facilities
partnerships with NBFCs and Grameen banks.
farmers to go digital through: experts, practicing LLBs and CAs in clusters through implementing a private
• Minimal interest rates (current rate ~11%),
based on local languages. Usage of digital negotiable warehouse receipt
least verification & 48 hour credit approvals
• Pan India Multilingual Helpline support means for production & selling, seminars, easy
Used Case: Nestle’s Kisan Club SMS Service in
management system to solve for
• Recognition through website and Maggi onboarding & guidance high cost of existing warehouse facilities,
Pakistan – Digital lending credit in partnership
packets to bring in the sense of STEP 1: Identify regional specialties for FTR mismatch in the demand and supply for the
with PM Youth Loan Scheme & National Bank
achievement for high performing farmers program facilities.
The Idea: Identify large farmers with high
STEP 2: Nestle identifies practicing potential returns of 6 months and extend the Nestle to either acquire, lease, create a third
DIGITAL INTEGRATION CAs/LLBs/ Technicians in the area credit support to enable Nestle Farm growth party model to provide farmers a transferable
warehouse receipt management system,
The Nestle nurture program will have STEP 3: Register and onboard more number where the yield in the warehouse will serve as
of farmers digitally
a digital integration through an in- PROCURE WITH NESTLE a collateral for the storage duration.
house app between the farmers, STEP 4: Providing credit, technical support,
material/equipment suppliers, seminars, and production specific guidelines To leverage economies of scale in raw
warehouse managers, materials, pesticides, fertilizers and provide low MAGGI FEST @NESTLE FARMS
logistics partners, institutional buyers such as OPERATIONAL OWNERSHIP cost inputs to farmers by being a facilitator.
Scope of Agri-Tourism:
the government. To address low yield due to • States in focus: Maharashtra, Karnataka,
fragmented land holdings by a single Kerala, Tamil Nadu and Punjab
It will solve for the following concerns: farmer across a cluster, Nestle to • ATDC survey: 1.63mn agri-tourists in 2015-
● Predictive demands and prices facilitate transfer of operational 17; INR 35.79mn in farmer revenues
● Weather forecasts and guidance that a farmer can mutually
ownership exchange
contracts such the The Idea:
● Crop pattern, soil and seed assessment ‘operationally’ ownership of their fragmented • Promote agri-tourism through Nestle
● Vendors for storage and logistics farmland and acquire area adjacent to each certified farms
● Buyer profiles other. • Partner with Grameen banks for faster loan
● Access to govt. programs and subsidies Impact: Improved yield, reduced disguised approvals – Nestle to be the guarantor
● Service requests under Nestle Nurture unemployment, improved cost economics due • On farm Nestle Maggi Fest – identify event
partners (state tourism) for promotions
to bulk procurement and land maintenance
IMPACT ASSESSMENT

A COMPREHENSIVE MAPPING OF THE SOLUTIONS AND PAIN POINTS ADDRESSED

IMPLEMENTATION PLAN

PHASE 1 (Oct'20-Feb'21) Action Points Touchpoints


1 Internal Data Sourcing + Analysis Forecasting + Region identification
2 Tech Enhancement For Onboarding & Awareness Tech Team
Month 1-3
3 Region Identification & FTR Mapping Analytics Team
4 Break The Language Barrier Using Language Support (1 language, Tech Team)
PHASE 2 (Feb'21-Oct'21)
1 Live Projects- Students Recruitment Team
2 Procure with Nestle Programs team (1 cluster)
3 Operational Ownership Operations Team
4 Financial Support- Credit Finance Team Month 4-12
5 Break the Language barrier 4 new languages
6 Procure with Nestle 5 new regions + FTR
7 Agri-Tourism Marketing Team
PHASE 3 (Medium run orientation) 10+ region additions Month 13-18

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