Avio Smart Market Stack Forges Tripura Partnership, Targets 1,300 Jobs with Agri-Tech Investment

Avio Smart Market Stack Limited (ASMS) has signed a strategic Memorandum of Understanding (MoU) with the Government of Tripura to establish a modern freeze-drying facility for fruits and vegetables in the state. The announcement, made on July 14, 2026, marks a major step toward strengthening agricultural infrastructure and boosting value-added food processing in Northeast India.

The agreement was signed during the Destination Tripura Business Conclave 2026, reflecting the company’s commitment to supporting sustainable agriculture, reducing food wastage, and creating new income opportunities for farmers.

Modern Food Processing for Higher Farmer Income

The proposed facility will utilize advanced freeze-drying technology, a preservation method that removes moisture while retaining the nutritional value, taste, and quality of fruits and vegetables. This technology significantly extends product shelf life, enabling local produce to reach premium domestic and international markets.

By improving post-harvest processing, the project is expected to reduce crop losses and help farmers realize better prices for their produce.

Key Highlights of the Project

• State: Tripura
• Project: Advanced freeze-drying facility for fruits and vegetables
• Announcement Date: July 14, 2026
• Event: Destination Tripura Business Conclave 2026
• Expected Employment: Around 1,300 jobs
  • 500 direct jobs
  • 800 indirect jobs

Strengthening Tripura’s Agricultural Value Chain

The new processing facility is expected to play a vital role in developing a stronger agricultural value chain across the state by:

• Reducing post-harvest losses through advanced preservation technology.
• Improving product quality and shelf life.
• Expanding access to export and premium domestic markets.
• Supporting local farmers with higher value realization.
• Encouraging investment in food processing and agri-infrastructure.

The initiative also aligns with India’s broader focus on minimizing food waste while promoting value-added agricultural exports.

Boosting Employment and Regional Development

Beyond agriculture, the project is expected to generate significant employment opportunities in the region, creating approximately 1,300 jobs, including 500 direct and 800 indirect positions.

The investment is likely to stimulate industrial activity, attract ancillary businesses, and contribute to the long-term economic development of Tripura.

Commenting on the initiative, Dr. Raja Krishna Murthy Morla, Head – Agri Tech Business at Avio Smart Market Stack, said:

“Tripura’s rich agricultural base, combined with the state government’s proactive support, makes it an ideal location for our freeze-drying facility.”