Samudrapur serves as the headquarters of the Taluka (administrative subdivision); in accordance with the policies of the Government of Maharashtra, Agricultural Produce Market Committees (APMCs) have been established at the Taluka level. Pursuant to Notification No. /Regulation/Division APMC/Hinganghat/4254/97, dated July 16, 1997—issued by the Hon. District Deputy Registrar of Cooperative Societies, Wardha—and as published in the Maharashtra Government Gazette on July 16, 1997, the Hinganghat Agricultural Produce Market Committee was bifurcated to establish a separate Market Committee specifically for the Samudrapur Taluka.
On May 19, 2023, the currently constituted Board of Directors officially assumed charge of the committee's affairs. Within this board, Hon. Mr. Himmatrao Shamraoji Chatur serves as the Chairman, while Hon. Mr. Wamanrao Pandurangji Chandankhede holds the office of Vice-Chairman.
The village of Samudrapur is situated along the Jam-Umred road and is equipped with all necessary amenities. The Samudrapur Taluka comprises a total of 222 villages; the jurisdiction of this Market Committee encompasses cotton procurement centers located at Samudrapur, Nandori, Kandhali, Jam, Dhondgaon, Ubda, Dahegaon, and Sakhara.
The operational area of the Samudrapur Agricultural Produce Market Committee is a hub for the production of various crops, including cotton, soybean, pigeon pea (Tur), linseed, sorghum (Jowar), green gram (Moong), sesame (Til), black gram (Urad), chickpea (Chana), and others. Specifically for cotton—and under the supervision of licensed traders—procurement centers have been established at Nandori, Jam, Kandhali, Dhondgaon, and Ubda. Furthermore, modern ginning and pressing facilities have been set up at Jam, Nandori, Kandhali, Dhondgaon, and Ubda to process the cotton produce. For the procurement of agricultural commodities, the Market Committee has designated its own market yard (Bazar Aangan) located in Samudrapur as the primary hub for purchasing produce such as soybean, pigeon pea, wheat, sorghum, chickpea, etc.
Agricultural produce is arriving at the premises of the Grain and Produce Committee for sale, and the sale of farm commodities is being conducted through an auction system. Additionally, farm produce is also being sold via an open market mechanism. To facilitate this, licenses have been issued to the Committee's traders, commission agents, assistants, weighers, and porters; these licenses have been formally granted to them on behalf of the Committee. Sales of produce have successfully taken place within the premises of the Samudrapur Market Committee, and revenue has been generated in the form of market cess collected from the traders.
