Aries Agro signs MoU with MCX

MUMBAI: Aries Agro, a specialty micronutrient company on Wednesday inked a Memorandum of Understanding (MoU) with Multi Commodity Exchange (MCX).

Under the MoU, Aries Agro will utilize the network of Gramin Suvidha Kendra (GSK) - a joint initiative of India Post and MCX - for promoting its products and supporting the sales initiatives.

The network will provide Aries an immediate access to 160 branch post offices serving 768 villages in 5 States of Maharashtra, Madhya Pradesh, Uttar Pradesh, Gujarat and Karnataka, which are currently part of GSK Network.

On the occasion Dr. Rahul Mirchandani, executive director, Aries Agro, said " This tie up with MCX is a trustworthy and cost effective channel of information dissemination, product promotion, distribution and sales of our range of specialty micronutrients, plant nutrition and plant protection range of products.���