Updated on: Tuesday, March 08, 2011
He will pass out of one of the most sought-after B-schools of the country. While 332 of his friends will get into those cushy jobs, he will work closer to Mother earth—working with farmers and help them produce export-quality fruits and vegetables and finally export them.
Ashutosh Sawant, a PGP second-year student, has started a firm which looks at exporting frozen fruits like Alphonso mangoes, frozen strawberry, pomegranate arils, frozen vegetables and cauliflower florets.
“The main reason why our products could not be exported was because we used farming methods that were unacceptable in other countries—like using banned pesticides. I will work closely with farmers, help them with best practices and finally export the produce,” Ashutosh said.
Ashutosh has already started his pilot project. Back at his hometown Kadegoan in Maharashtra’s Karad taluk, he has entered into a contract with the owner of a 150-acre mango grove.
“I helped the farmers with the technical know-how like dip irrigation and use of chemicals. They do not have access to such knowledge. I consulted with the Central Food Technological Research Institute. The first produce is almost ready,” he said.
The total value addition to fruits and vegetables in India is less—around 4 per cent—compared to global standards of 45-50 per cent, he points out. “I have seen my uncle sell pomegranates for Rs 8 a kilo when I buy for Rs 60 here in Bangalore. We produce 80 per cent of world’s pomegranates and export just 2 per cent. Lots of them are being wasted, this provides an opportunity to process them,” he says.
Once the produce is there, he will look at marketing it to retail chains in other continents. The processing involves cleaning them from chemicals, cutting them according to the specifications of the client and packing in refrigerated containers.
Ashutosh said how his hands-on experience on seeing the disparity in the prices between the producers in his native town and in Bangalore made him think about the project. Funding, he hopes, will be based on bank loans.
Ashutosh has no regrets in giving up a corporate job. “I am 24. I have nothing to lose. If I succeed, there are many people who will gain.”