India: Netafim Secures USD 85 Million Deal to Execute Three New Irrigation Projects in Karnataka

Israel-headquartered irrigation equipment maker Netafim has clinched an $85 million deal that will involve three new community irrigation projects in Karnataka, India, reports Bismah Malik at The New Indian Express.

These three projects will cover 66 villages and 35,000 farmers on 50,000 hectares area (123,500 acres) in the state of Karnataka (Nandwadgi and Singatalur regions). Projects will be deployed over a period of two years and will include technical and agronomic support for a further five years.

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For the project execution, Netafim will collaborate with Indian infrastructure company, MEIL (Megha Engineering and Infrastructure Limited), the company said in a statement.

Netafim has been pioneering the drip irrigation mechanism globally which involves significant reduction in water, pesticide usage, improving the quality of agriculture produce for sustainable farming activities. The global firm will also train Karnataka farmers to operate advanced irrigation systems for growing wide range of crops including to operate the advanced systems.

 Continue reading at The New Indian Express.

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