The Government of Maharashtra has signed a major agriculture-focused Memorandum of Understanding (MoU) valued at ₹2,500 crore with Nutrifresh Farm Tech India Pvt. Ltd. and Rural Enhancers Group at the World Economic Forum (WEF), Davos. The agreement marks one of the state’s largest commitments towards technology-driven and climate-smart agriculture, reinforcing Maharashtra’s push to modernise its farming ecosystem and strengthen rural livelihoods.
The MoU was formalised in the presence of Maharashtra Chief Minister Devendra Fadnavis and senior government officials, highlighting the state’s intent to attract long-term global investments in agriculture, agri-infrastructure, and digital farming solutions. The project is expected to roll out from April 2026, with phased implementation across key agricultural regions of Maharashtra.
Large-Scale Push Towards Agri-Tech and Innovation
Under the agreement, Nutrifresh will lead the deployment of advanced agricultural technologies, including AI-powered farm management systems, IoT-enabled monitoring, and controlled-environment farming practices. The initiative aims to significantly improve productivity, reduce climate-related risks, and ensure consistent crop output across seasons.
Founded in 2019, Nutrifresh Farm Tech India has rapidly grown into a notable player in the agritech space. The company currently operates across more than 15 states, offering a wide range of fresh produce while also maintaining a presence in select international markets. Through this partnership, Nutrifresh plans to scale its technology-driven farming model in Maharashtra, focusing on both commercial viability and environmental sustainability.
Role of Government and Funding Structure
The Maharashtra government will provide policy support, regulatory facilitation, and institutional coordination to ensure smooth execution of the project. Meanwhile, the Rural Enhancers Group will act as the funding partner and project integrator, bringing together multiple financial stakeholders.
The investment is expected to be mobilised through a mix of domestic and international funding sources, including Indian public sector banks, development finance institutions, and overseas lenders. This blended financing approach is aimed at ensuring long-term capital availability while keeping farmer participation and affordability at the centre of the initiative.
Focus on Climate-Resilient and Inclusive Agriculture
A core objective of the ₹2,500 crore programme is to promote climate-resilient agriculture. With changing weather patterns posing increasing risks to traditional farming, the project will encourage efficient water usage, reduced chemical dependency, and sustainable crop management practices.
In addition to productivity gains, the initiative also places strong emphasis on employment generation in rural areas, women’s participation in agribusiness, and the development of allied sectors such as agri-tourism. By creating structured market linkages and technology-backed farming models, the partnership aims to improve overall farmer incomes and reduce post-harvest losses.
Nutrifresh’s Long-Term Growth Vision
Nutrifresh has outlined ambitious expansion plans as part of the collaboration. The company aims to significantly increase its farm footprint over the coming years, with a long-term vision of building a scalable, tech-enabled agricultural network that delivers residue-free and nutrient-rich produce throughout the year.
By aligning its growth strategy with government-led rural development goals, Nutrifresh is positioning itself as a key contributor to India’s evolving agritech ecosystem. The Maharashtra partnership is expected to serve as a flagship model, demonstrating how public-private collaboration can drive innovation, sustainability, and inclusive growth in Indian agriculture.
Overall, the ₹2,500 crore MoU signed at Davos underscores Maharashtra’s intent to emerge as a leading hub for agri-innovation, while also setting a benchmark for future large-scale agricultural investments across the country.