Kolkata, Oct 31 (PTI) The Spices Board has taken an initiative to launch an online platform aimed at building a steady supply chain for the locally grown large cardamom of the northeastern region, with India's largest B2B e-commerce company mjunction services.

mjunction on Monday said it is setting up an e-marketplace of large cardamom for producers and sellers on its platform to buyers all over India, who are registered with the Spices Board.

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mjunction, a JV between Tata Steel and SAIL that started with steel, has now expanded to multiple products of e-marketplace services, including auctions.

In the agro-commodity space, this is the first time that large cardamom will be sold on an online platform, marking a big step towards digitisation and transparency in this space, after foodgrains, tea and pulses, mjunction said.

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"The first online sale will be conducted soon for a Farmer-Producer Company (FPC) of Phek, Nagaland. We plan to extend our platform to other FPCs as well so that more buyers can take advantage of our transparent and efficient processes,” mjunction MD Vinaya Varma said.

This platform is expected to bring in better price realisation, raise quality consciousness, usher in transparency and efficiency in the trade, and facilitate other value-added services for large cardamom growers of the north-east region, Spices Board Secretary D Sathiyan said.

“I'm glad that mjunction is interested in working with the Board on this project. I hope that the first pilot event will take place before the end of December,” he said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)