Itanagar, Mar 19: Kirat Biotech Private Limited and Koje Jangoo MAP Farmer Producer Company (FPC) have signed a Memorandum of Understanding (MoU) to collaborate on the cultivation, processing, and marketing of medicinal and aromatic plants in Arunachal Pradesh.
The partnership aims to create sustainable livelihood opportunities for rural communities while conserving and developing medicinal plant species endemic to the region, officials said.
Under the agreement, FPC members will allocate land for cultivating selected medicinal and aromatic plants using organic farming methods that promote biodiversity conservation. The collaboration will focus exclusively on medicinal plants, aromatic plants, and spices.
Kirat Biotech has committed to a complete buyback arrangement, ensuring the purchase of all produce at prevailing market rates with guaranteed support pricing, the company said. Additionally, Kirat Biotech will provide technical assistance by facilitating the procurement of planting materials, offering training, and managing essential documentation and permits required for cultivation and sale.
"This partnership represents a significant step towards sustainable agriculture and rural development in Arunachal. We are committed to empowering local farmers and promoting the cultivation of high-quality medicinal plants," said Pramila Choudhury, co-founder and director of Kirat Biotech.
Yasan Darang, managing director of Koje Jangoo MAP FPC, said the initiative would provide farmers with a stable market for their produce while encouraging the adoption of organic farming practices.
"This collaboration will benefit both our communities and the environment," he added.
