Saahil Peerzada and Sachin Adhikari of Viztar Agritech have tied up with Spain-based Nice Fruits to offer new technology in cold storage plants in the Indian subcontinent, with the first two to become operational in Hyderabad in the next seven months.
The Black Box is a unique technology and is developed by scientists in Spain. It can be easily set up in any factory or plant. In normal cold storage, nitrogen is used. However, in ‘Black Box’ system there will be neither nitrogen nor any preservative. The stored commodities will have their natural content, nutrition value intact for 1,000 days.
Peerzada said the technology was tried and tested worldwide and it was patented in the US. The company will be technology and well as equity partners in these cold storage plants to be set up in the Indian Subcontinent.
Talking about the benefits of the technology, Peerzada claimed that returns to farmers will increase four-fold. Farmers are forced to throw their produce on the road after prices go down. They cannot store it due lack of proper preservation and storage facilities. With this technology, farmers will not be required to go to markets and sell their produce at modest price.