Since its green revolution of the late 1960s, India has made great strides towards achieving food self-sufficiency by leveraging better technologies and agricultural methods. However, Indian farmers still face serious challenges, including a lack of better price realization, market information and knowledge, weak market linkages for their produce and inefficient supply chains. Realizing the urgent need to address these opportunities, the Prime Minister of India, Narendra Modi, has shared his vision for doubling farmers’ income by 2022.
Remote Monitored Systems plc (LON:RMS) is focused on the continued development of the Company’s ‘Survey & Inspection’ business. RMS also has a majority interest in GyroMetric Systems Limited, which develops and manufactures digital monitoring and safeguarding systems for rotating shafts. In addition the Company is implementing an enhanced growth strategy via the appraisal of complementary acquisition or investment opportunities. This is in line with the Company’s stated objective to achieve improved financial performance in the near term.