Sid’s Farm, a premium dairy brand based in Telangana, has marked a momentous milestone by securing its participation in the prestigious Inclusive Business Program initiated by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). This significant accomplishment was sealed with the formalization of a Memorandum of Understanding (MOU) among Ecociate, Endeva (as the Coach), and Sid’s Farm (in the role of Coachee), underscoring their unwavering commitment to advancing inclusive and sustainable business practices.
Within the framework of the Inclusive Business Program, Sid’s Farm is set to embark on an ambitious initiative entitled “Improving Smallholder Dairy Farmers’ Milk Productivity by 1.2x Annually.” This project is designed to create significant social benefits for smallholder farmers and individuals situated at the lower rungs of the economic ladder, all while maintaining economic sustainability.
According to Santosh Gupta, director, Sustainable Agriculture at Ecociate, said, “We are excited about the potential this coaching program holds for an inclusive business journey and are keen to start working with Sid’s Farm. Their commitment to inclusive business marks a significant step forward in our collaboration. Together we can bring about lasting changes in the realm of sustainable agricultural practices in India.”
Commenting on the inclusion, Dr. Kishore Indukuri, Founder, Sid’s Farm said, “We are honoured to have received this opportunity. We have been working tirelessly for years now towards the creation of ethical and sustainable dairy farming practices within our ever-growing network of farmers, and it is truly humbling when you are among the chosen few for a prestigious and impactful ESCAP programme as recognition of your efforts.”
The program is set to encompass 500 small-scale producers, placing a distinct emphasis on empowering women in agriculture, particularly targeting 300 female smallholder dairy farmers. By June 2024, a comprehensive evaluation will be conducted, comparing the progress reports submitted by Sid’s Farm in October 2023 with the anticipated outcomes. Sid’s Farm’s objective is to achieve a remarkable 20% enhancement in milk productivity for these farmers, directly or indirectly benefiting a network of 2,200 individuals.
ESCAP’s choice to designate Sid’s Farm for its coaching services underscores the company’s unwavering commitment to nurturing beneficial social and economic transformation at the grassroots level. This exciting partnership emerged after extensive discussions among Sid’s Farm team members during a face-to-face session.
Additionally, as an active participant in the ESCAP Inclusive Business Program, Sid’s Farm is proud to have received an invitation to engage in the esteemed investment dialogue in India and partake in a range of other activities harmonizing with the program’s goals. ESCAP is orchestrating these activities with backing from the Bill & Melinda Gates Foundation.
Sid’s Farm is resolutely dedicated to effecting a substantial positive change in the lives of smallholder dairy farmers and the communities situated at the economic foundation. This collaboration with ESCAP, Ecociate, and Endeva signifies a momentous stride towards a more promising and sustainable future for all stakeholders engaged in this endeavor.