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Latest Agricultural News, Crop Prices, Farming, Agri Business News | The HinduBusinessLine

Basmati exporters urge govt to suspend ₹83/tonne levy amid delayed payment, shrinking margin India could limit sulphur exports as supplies tighten, sources say China resumes buying broken rice from India Hot, dry conditions may prevail over most of North-West, Central India for another week IMD issues intense heatwave warning for several parts of Maharashtra Kerala fisheries sector hit by fuel shortage & rising kerosene prices ITC makes history with India’s first FSA 3.0 certification for wheat, paddy NSRCEL, Pernod Ricard India Foundation conclude 3rd cohort of Circular Economy Incubation Programme India’s sugar output up 8% at 27.39 mt as of April 15 NAAS suggests govt to consider one-time licensing for imported horticulture hybrids Polavaram project: Construction of ECRF dam to be be completed by March 2028 Climate-hit Kashmir saffron farmers battle rising porcupine menace India targets cocoa self-sufficiency by 2040 with national mission and reforms Avi Polymers launches KrishiBuddy AI platform to transform smart farming in India India gets imported Urea offer at $935, $959 per tonne Indian agriculture sector under threat by below-Normal Monsoon, El Nino, and West Asia war: ICRA Hindustan Zinc’s DAICHI launches products on retail and quick commerce platforms Oppressive heat conditions to spread out over Central and East India from today Global fertilizer supply crunch tightens farm economics India's green fuel plans collide with farmers' water fears Madhya Pradesh CM says basmati rice from the State is exported to 47 nations NAAS calls for developing smart alternate fertilisers to achieve self sufficiency TRI launches agri-voltaic project to help farmers earn double income Temperatures may trend up over North-West, Central India until weekend Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply India’s soyabean imports surge to 3.09 lakh tonnes during Oct-Mar 2025-26 oil year IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari ‘UP banned only forced sale of non-subsidised fertilizers to farmers’ How kashmir’s breakthrough is making Gucchi mushroom farming possible
Procol helps Zuari FarmHub accelerate freight procurement...
2026-05-05 · via Latest Agricultural News, Crop Prices, Farming, Agri Business News | The HinduBusinessLine

Procol, an Agentic AI procurement platform, has announced that it has enabled Zuari FarmHub, part of the Adventz Group, to accelerate its freight procurement cycles by up to 95 per cent while achieving nearly 6 per cent cost savings through AI-led sourcing and real-time price discovery.

Zuari FarmHub, an agri-tech solutions provider, operates in a highly dynamic and season-driven environment, where freight demand fluctuates across regions, routes, and timelines. Traditionally, its procurement processes relied on manual request for quotes, offline negotiations, and fragmented workflows, resulting in limited visibility, slower turnaround times, and sub-optimal price discovery.

A media statement said that Zuari FarmHub partnered with Procol to digitise and centralise its freight sourcing operations. By leveraging Procol’s AI-powered sourcing suite, including smart RFQs, real-time e-auctions, and analytics dashboards, the company streamlined vendor communication, improved participation, and enabled structured, data-driven procurement.

Quicker procurement

The introduction of real-time e-auctions enhanced price discovery, while custom approval workflows ensured faster and compliant decision-making. Additionally, centralised spend analytics provided complete visibility across locations, strengthening audit readiness and enabling more strategic sourcing decisions, it said.

As a result, procurement cycles that previously took up to two-three months have now been reduced to near real-time execution, with certain logistics sourcing events completed within minutes.

Quoting PC Kaveriappa, Joint General Manager, Zuari FarmHub, the statement said: “After evaluating multiple platforms, Procol emerged as the best fit for our needs. We’ve reduced negotiation timelines from months to real-time procurement. The platform is easy to use for both our team and vendors, and has helped us achieve measurable business outcomes.”

Gaurav Baheti, Founder and CEO of Procol, said that freight procurement in dynamic, multi-location businesses requires speed, transparency, and adaptability. “With Zuari FarmHub, we are demonstrating how AI-led sourcing and real-time auctions can transform procurement into a strategic, high-impact function,” Baheti said.

Published on May 5, 2026