Profile of Agrinas Pangan, State-Owned Enterprise Importing Vehicles from India, Previously Yodya Karya
PT Agrinas Pangan Nusantara (Persero) has recently conducted the importation of thousands of vehicles from India in operations that have largely escaped public attention until now, surprising many observers given the scale of the state-owned enterprise’s activity.
Agrinas is importing 105,000 vehicles from India to support operations of the Koperasi Desa/Kelurahan Merah Putih (KDKMP), the Red and White Village Cooperative network. The import arrangement comprises 35,000 four-wheel-drive pick-up units from Mahindra & Mahindra Ltd (M&M), along with 35,000 four-wheel-drive pick-ups and 35,000 six-wheel trucks from Tata Motors.
The contract value for the Indian vehicle procurement totals Rp 24.66 trillion. The subsidiary of Danantara has already paid a 30 per cent down payment, equalling Rp 7.39 trillion.
Agrinas Pangan Nusantara represents a newly formed state-owned enterprise established to advance President Prabowo’s ambitious vision for strengthening national food sovereignty. The company’s establishment coincided with the creation of two other food-sector state-owned enterprises, all three formally constituted by the government in February 2025 through Ministry of State-Owned Enterprises Decree Number S-63/MBU/02/2025.
Beyond Agrinas Pangan Nusantara, which resulted from the rebranding of Yodya Karya, the government established Agrinas Jaladri Nusantara (formerly Virama Karya) to manage the fisheries sector, as well as Agrinas Palma Nusantara (former Indra Karya), tasked with overseeing palm oil operations.
Agrinas Pangan Nusantara specifically bears responsibility for managing the entire food production supply chain comprehensively. Its remit encompasses new land development, planting and cultivation processes, through to harvest stages.
As part of the state-owned enterprise ecosystem, Agrinas Pangan Nusantara operates under the coordination of Danantara, the holding company overseeing hundreds of state-owned enterprises across various strategic sectors.
To support initial operations, the government has injected assets comprising 425,000 hectares of rice fields derived from food estate projects distributed across several regions on the island of Kalimantan.
Regarding liquidity, the company will receive financial support through capital disbursements from Danantara in its capacity as shareholder. This measure is intended to reinforce Agrinas Pangan Nusantara’s role in maintaining and securing national food resilience and sovereignty.