AACHI has undertaken the mission to generate a large number of entrepreneurs in the Food Processing Industry. Food Processing Industries offer excellent scope as they alone can convert perishable agricultural produce into value added products with longer shelf life worth Rs.1 lakh crore per annum. AACHI has been exhorting young men and women studying in Engineering Colleges & Business Schools to start their own ventures by offering technical, financial and marketing support. Aachi has succeeded in developing 3000 exclusive entrepreneurs to market its products in every nook and corner and this number is ever increasing.
AACHI has its motto of providing high quality food products at affordable prices to the common man and has taken up the task of achieving inclusive growth. For this purpose, AACHI Group has envisioned setting up of ‘Aachi Foundation for Inclusive growth’. Informal discussions with concerned agencies of KfW of Germany has revealed that it is viable and ‘not-for-profit’ company which is to be set up for this purpose. The armoury of over 8 lakh retailers of Aachi products provides a strong base for setting up a Micro Finance Institution as part of achieving inclusive growth and with balanced regional growth.
i.) AACHI has been sponsoring several national and International conferences organized by FICCI, CII etc., with a view to develop Micro, Small and Medium Enterprises. In the recent past, Aachi sponsored the International conference ‘Farm to Fork’ organized by FICCI and ‘Finance Availability by MSMEs’ organized by CII. It is Aachi’s mission to develop a large number of Micro and Small enterprises so that there will be millions of entrepreneurs which is one of the way to solve unemployment problem amongst youth in India.
ii.) Aachi is presently supplied with products from 30 SMEs and marketing them under the common brand name ‘AACHI’. Without Aachi’s marketing support, SMEs wouldn’t have been possible to market their products. This synergetic relationship between ‘Aachi’ and MSMEs is expected to grow substantially in future and 100 SMEs will be covered by the end of 2011.
Aachi has recently mooted a novel concept for proliferation of food processing and FMCG industries across the country. Aachi has invited NRIs, High Net Worth Individuals, established industrial and business houses to partner with Aachi in setting up Food Processing Industries. Besides providing technology and marketing support, Aachi will also help them in sourcing funds from banks and financial institutions. In deserving cases, Aachi will also contribute to the equity capital. This unique innovative measure will boost the growth of Food Processing and FMCG Industries in a significant manner.
Aachi requires large human resources in marketing, production etc. with a view to develop a spirited marketing force. Aachi is planning to set up Aachi Institute of Retail Management (AIRM) which will offer academic programs approved by AICTE. The students passing out of AIRM will get 100% placement in Aachi Group or will be groomed as prospective entrepreneurs.
The eastern and north eastern regions of India continue to remain economically under developed and the youth of these regions do not get gainful employment. Aachi has addressed this problem of unemployment and has therefore employed over 250 persons from Assam, Jharkhand, West Bengal, Orissa etc. They are provided with food and shelter.