RICWAL is a Government-Approved, DPIIT certified Agri-Business Startup with a unique approach to the rice supply chain. The company is dedicated to supporting farmers and consumers by streamlining the process of procuring paddy and delivering rice products without the involvement of middlemen.
Key points about RICWAL:
Government Approval: RICWAL has received official recognition and approval from the government, indicating its commitment to complying with regulations and contributing to the agricultural sector's growth. The company is incubated at IIT Kharagpur.
Paddy Procurement: The company engages in the direct procurement of paddy from farmers. This direct approach can help farmers receive fair prices for their produce and reduce the influence of intermediaries.
Processing Facilities: RICWAL likely operates processing facilities where the procured paddy is transformed into rice products. This step ensures quality control and enables them to offer a consistent product to consumers.
Eliminating Middlemen: One of RICWAL's core objectives is to eliminate middlemen from the rice supply chain. This can result in cost savings for both farmers and consumers, as well as greater transparency in the pricing and distribution process.
Consumer-Centric Approach: By shipping rice products directly to consumers, RICWAL aims to provide consumers with high-quality rice while also supporting farmers. This approach can lead to fresher and more affordable rice for end-users.