New partnership between Indian Farmers Fertilizer Coop Ltd. (IFFCO) and THANOS Technologies. With the signing of the Memorandum of Agreement (MoA) between Thanos Technologies and IFFCO, a revolutionary endeavor to revolutionize agriculture methods nationwide has officially begun.
Thanos Technologies will enable the airborne application of fertilizers across a vast 10 lakh acres of agricultural land, spanning areas in Telangana, Andhra Pradesh, Gujarat, Madhya Pradesh, and Tamil Nadu, as a result of this strategic partnership.
This broad reach demonstrates Thanos Technologies’ dedication to provide farmers across the country with access to cutting-edge agricultural methods. More than five hundred advanced unmanned aerial vehicles will be utilized to guarantee the prompt and effective dosing of fertilizers.
By optimizing the fertilization process, this widespread implementation will increase crop yields and decrease resource waste. The firm has partnered with notable drone service providers such as Vayu Drone, Aerotics Technologies, and Electra Agri Green, putting it in a position to provide the agriculture industry unmatched innovation and value.
With a commercial value of INR 50 crores for Thanos Technologies and the service partners, the project is expected to have a large economic effect.
Furthermore, Thanos Technologies is going to provide further incentives on top of the usual spraying service charges that are collected for each acre that is sprayed with chemicals from IFFCO. The purpose of this program is to incentivize and recognize service providers for their involvement in this innovative endeavor.
Understanding the necessity of investing in cutting-edge technology, Thanos Technologies is also creating new financing solutions to support corporate service partners who wish to purchase and manage over ten drones. These choices will offer the assistance required to expand operations and satisfy the rising demand.
Pradeep Palellil, Founder & CEO, Thanos Technologies, said, “We are excited to partner with IFFCO and this marks a significant step towards our mission to modernize farming practices, increase crop yields, and promote sustainable agriculture. At Thanos technologies, we aim to create a more efficient, productive, and sustainable agricultural ecosystem for the benefit of farmers and the nation as a whole. Through this partnership, we hope to combine resources, knowledge, and ambition to completely reshape the agricultural landscape of India.”
Furthermore, Thanos Technologies is creating new financing alternatives to support corporate service partners interested in purchasing and managing over ten drones, realizing the necessity of investing in cutting-edge technology. These choices will offer the assistance required to expand operations and satisfy the rising demand.
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