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ITC's echoupal: An Overview

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ITC's Gains. Lower procurement costs ... Allows ITC to communicate with a million farmers. Enables real time information access ... – PowerPoint PPT presentation

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Title: ITC's echoupal: An Overview


1
ITCs e-Choupal An Overview
Kuttayan Annamalai Sachin Rao University of
Michigan Business School
2
e-Choupals An Overview
Sanchalak
ITC
Village
VSAT/ Internet Information Flow
ITC Local Hub
Samyojak Physical Flow
Agricultural Best-Practices, Weather, FAQs
Prices
Produce
Virtuous Cycle
Aggregated demand for inputs
Agricultural Inputs
Information from the trenches
Ideas for new products and services
3
Farmers Gains
  • Access to information
  • Empowered decisions
  • Improved agriculture
  • Economic benefits through lower transaction costs
    and process efficiencies
  • Served with dignity
  • Knowledge bundled sale of goods and services
  • Co-opted in product design
  • Hope for a brighter future

4
ITCs Gains
  • Lower procurement costs
  • Direct interaction with farmers - Control on
    quality supply security
  • Low cost distribution channel
  • Access to market intelligence

5
Role of Technology
  • Allows ITC to communicate with a million farmers
  • Enables real time information access
  • Price discovery
  • Captures farm-level intelligence
  • Improves productivity through agricultural
    education
  • Orchestrates network that makes e-Choupal
    possible
  • IT enabled network of partnerships
  • Agricultural research centers, input
    providers, banks, agents, and farmers
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