Avio Smart Market Stack signs MoU to set up Tripura freeze-drying facility

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. The agreement aims to strengthen agro-processing infrastructure and create sustainable livelihood opportunities in the Northeast. The project, titled "A Freeze-Drying Initiative on Fruits and Vegetables for Tripura," is expected to generate direct employment for approximately 500 people and indirect employment for another 800.

The initiative seeks to address post-harvest losses through advanced freeze-drying technology, enabling farmers to preserve produce for longer periods while unlocking greater value addition. By improving access to premium domestic and international markets, the project is expected to enhance farmer incomes, reduce food waste, and contribute to the long-term growth of Tripura's agricultural economy.

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, facilitated 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 Chief Minister for the proposed project.

Dr. Raja Krishna Murthy Morla, Head – Agri Tech Business, ASMS, stated that the project reflects the company's commitment to strengthening India's agri-tech infrastructure at the grassroots level. He highlighted that Tripura's rich agricultural base and the state government's proactive support make it an ideal location for the facility. The company plans to work closely with local farmers and stakeholders to build a sustainable value chain for fruits and vegetables.

Project Overview

Aspect	Details
Project Name	A Freeze-Drying Initiative on Fruits and Vegetables for Tripura
Direct Employment	Approximately 500 people
Indirect Employment	Approximately 800 people
Key Benefit	Enhanced shelf life, quality, and marketability of produce

Avio Smart Market Stack Limited (formerly known as Bartronics India Limited) is a diversified platform company focused on building scalable businesses across Financial Inclusion & Digital Services, Agri Supply Chain & Technologies, and Diagnostics & Healthcare. Through its Financial Inclusion division, the Company has established a strong presence across rural India, creating a trusted distribution network.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.00%	-0.42%	-0.84%	-37.01%	-47.59%	-46.36%

Avio Smart Market Stack Limited has entered into a strategic partnership with StandardWings Technologies Pvt. Ltd. to jointly develop AI-powered digital infrastructure aimed at transforming India's agricultural and rural ecosystem. The collaboration leverages Avio Smart Market Stack Limited's extensive rural network, which spans over 5,000 villages and provides access to nearly 4 crore farmers and rural residents, alongside StandardWings' technological capabilities in Artificial Intelligence (AI), Machine Learning (ML), and Internet of Things (IoT).

Strategic Collaboration and Objectives

The Memorandum of Understanding (MoU) outlines the intent to explore the development of scalable digital infrastructure supporting sustainable agriculture, climate initiatives, rural commerce, and financial inclusion. Key proposed technology initiatives under the partnership include:

Initiative	Details
Crop Advisory Systems	AI-powered advisory, yield prediction, and pest detection
Weather Support	Weather-based decision support systems
Precision Farming	IoT-enabled precision farming solutions
Commerce & Trade	Smart agri-store technology and digital marketplace integration
Supply Chain	Traceability platforms for end-to-end supply chain visibility
ESG & dMRV	ESG assessments and digital Measurement, Reporting and Verification systems for carbon projects
Livestock	Sensor-based livestock anomaly detection

Technology and Expertise

StandardWings Technologies brings over a decade of experience, having delivered more than 300 digital transformation projects for over 150 clients across sectors such as agriculture, government, healthcare, logistics, and manufacturing. Its portfolio includes digital auditing and traceability solutions for Cotton Connect and AI-powered reporting for data management involving over 200,000 farmers. The company also serves the Maharashtra Government and National Health Mission, providing AI, IoT, and cloud-based solutions to enhance operational efficiency.

Leadership Perspective

Dr. Raja Krishna Murthy M, Head – Agri Tech Business at Avio Smart Market Stack Limited, emphasized the transformative potential of the partnership. He stated that combining ASMS's deep rural reach with StandardWings' technology capabilities aims to build scalable digital solutions. These solutions are intended to empower farmers through better advisory services, improved market access, climate resilience, and data-driven decision-making.

Future Engagements

The MoU signifies a mutual intent to explore opportunities in rural technology and digital agriculture. Any future projects or commercial engagements resulting from this collaboration will be governed through separate definitive agreements. Avio Smart Market Stack Limited, formerly known as Bartronics India Limited, continues to build a unified rural operating system integrating financial inclusion, agriculture, and healthcare to empower underserved communities.