Key Announcement
Avio Smart Market Stack Limited has signed a Memorandum of Understanding (MoU) with the Government of Tripura to establish a state-of-the-art freeze-drying facility for fresh fruits and vegetables.
Project Details
- Project Title: "A Freeze-Drying Initiative on Fruits and Vegetables for Tripura"
- Location: Tripura, Northeast India
- Technology: Freeze-drying technology for fruits and vegetables
- Employment Impact: Expected to generate direct employment for approximately 500 people and indirect employment for another 800 people (total ~1,300 jobs)
Purpose and Objectives
- Strengthen agro-processing infrastructure in Northeast India
- Create sustainable livelihood opportunities
- Address post-harvest losses through advanced technology
- Enhance shelf life, quality, and marketability of locally grown produce
- Enable farmers to preserve produce for longer periods
- Unlock greater value addition for agricultural products
- Improve access to premium domestic and international markets
- Enhance farmer incomes
- Reduce food waste
- Contribute to long-term growth of Tripura's agricultural economy
Event Context
The MoU was signed during the Destination Tripura Business Conclave 2026, an initiative aimed at attracting investments and accelerating industrial development across the State. The Department of Industries & Commerce, Government of Tripura, organized a one-to-one interaction between Professor Dr. Manik Saha, Hon'ble Chief Minister of Tripura, and participating investors.
During this interaction, Dr. Raja Krishna Murthy M, Head – Agri Tech Business, Avio Smart Market Stack Limited received appreciation from the Hon'ble Chief Minister for the proposed project and the company's commitment to strengthening Tripura's agri-processing ecosystem.
Management Commentary
Dr. Raja Krishna Murthy Morla, Head – Agri Tech Business, ASMS, stated: "This project reflects our commitment to strengthening India's agri-tech infrastructure at the grassroots level. Tripura's rich agricultural base, combined with the state government's proactive support, makes it an ideal location for our freeze-drying facility. We look forward to working closely with local farmers and stakeholders to build a sustainable value chain for fruits and vegetables while bringing advanced food processing technologies closer to the source of production."
Company Background
Avio Smart Market Stack Limited (formerly known as Bartronics India Limited) is described as a leading IT services and business solutions provider delivering innovative digital technologies to enterprises across the globe. The company has operations across six countries and a strong presence in rural India, driving innovation in digital transformation, sustainable agriculture, climate technologies and enterprise solutions.