July 14: Avio Smart Market Stack Limited has signed a MoU with the Government of Tripura to establish a state-of-the-art freeze-drying facility for fresh fruits and vegetables, marking a significant step towards strengthening agro-processing infrastructure and creating sustainable livelihood opportunities in the Northeast.
As part of the agreement, Avio Smart Market Stack will develop the project titled “A Freeze-Drying Initiative on Fruits and Vegetables for Tripura.” The proposed facility is expected to generate direct employment for approximately 500 people and indirect employment for another 800, while creating a robust value chain for the state’s horticulture sector by enhancing the shelf life, quality, and marketability of locally grown produce.
The initiative aims 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 with the Government of Tripura during the Destination Tripura Business Conclave 2026, an initiative aimed at attracting investments and accelerating industrial development across the State. As part of the conclave, the Department of Industries & Commerce, Government of Tripura, organised a one-to-one interaction between Professor Dr. Manik Saha, Chief Minister of Tripura, and participating investors, entrepreneurs, and foreign delegates. During the interaction with Dr. Raja Krishna Murthy M, Head – Agri Tech Business, Avio Smart Market Stack Limited received appreciation from the Chief Minister for the proposed project in establishing the freeze-drying facility and its commitment to strengthening Tripura’s agri-processing ecosystem.
The project reinforces Avio Smart Market Stack’s commitment to leveraging technology-driven agricultural solutions that improve farmer incomes, strengthen food processing infrastructure, and promote sustainable economic development through innovation-led value creation.
Commenting on the development, Dr. Raja Krishna Murthy Morla, Head – Agri Tech Business, Avio Smart Market Stack, said:
“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.”