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Phalada Agro - Largest Export Of Agro Products By Cmn Shastry
An idea can change your life, but you need to take the right decision at the right time. And that’s what Mr. CMN Shastry did. CMN Shastry entered the agricultural sector when this sector was in shambles, and no one was interested to invest in agribusiness.
After working in the leather industry for 2 years, 41-year-old CMN Shastry was looking for an opportunity to enter the agriculture sector. In 1999, a vermi compost manufacturing company was up for sale because of losses. CMN Shastry grabbed this opportunity and bought the fertilizer company.
Leading Organic Brand
Phalada Agro Research Foundation Pvt. Ltd, a company that started with mere Rs 30 lakhs two decades ago, has an annual turnover of over 70 crores today.
Bangalore-based Phalada Agro today works with over 2,000 farmers across the country and sells a wide variety of organic products, including spices, pulses, fruits, oils, and grains. Along with India, the company also exports its products to over 20 countries.
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