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Agrichembio, Agrotecnología, Idai Nature, Microquimica, MIP Agro, OGT, Oro Agri, Rodel, SDP, and Tradecorp will become part of the new business unit

Rovensa Group has launched Rovensa Next, a new global bio solutions business Unit to shape a sustainable future for agriculture. Rovensa Next makes its debut at Fruit Logistica Berlin the leading trade fair for the fresh fruit industry.

Rovensa Next aggregates ten Rovensa Group companies, creating a holistic platform of innovative bio solutions to shape a sustainable future for agriculture and drive its bio-transformation. With this announcement, Agrichembio, Agrotecnología, Idai Nature, Microquimica, MIP Agro, OGT, Oro Agri, Rodel, SDP, and Tradecorp will become part of the new business unit, combining local technical knowledge, innovation and teams that work alongside farmers and distributors in the field to solve their sustainability challenges, with the global expertise and leadership of Rovensa Group.

Eric van Innis, Rovensa Group CEO, stated, “With this flagship project Rovensa Next, and our holistic platform of bio solutions, we are taking a strategic step forward in our goal to be a reference provider of well-balanced and sustainable solutions for agriculture. Farmers and distributors do not need a singular product or a multi-card generalist; they need specialised advisors to help them create a potent strategy that considers their local environment and challenges. Rovensa Next is our answer to our partners’ needs for sustainable crop management that leads to safe and healthy products with better quality and increased yield.” 

Betting on sustainability, innovation, and technical expertise, Rovensa Next unites a global network of 30 R&D laboratories, excellence centres, fields, and greenhouses, 14 production plants, more than 84 partnerships with research centres and universities, 100 R&D and innovation specialists, and a dedicated team of more than 850 field experts. All of this allows Rovensa Next to be the pioneer in cutting-edge research to create more effective and environmentally friendly bio solutions that don’t compromise on performance or quality.

Agrichembio, Agrotecnología, Idai Nature, Microquimica, MIP Agro,

The outcomes of the consultation are also expected to suggest the required activities for crop residue management.

The Department of Agriculture & Farmers Welfare has engaged the Indian Institute of Management, Rohtak as a consultant to assess the impact of various initiatives undertaken by the states for paddy residue management in the last five years.

The Department of Agriculture, Cooperation & Farmers Welfare implemented the scheme in the Punjab, Haryana, Uttar Pradesh, and NCR of Delhi during 2018-19.

The scheme, a Central Sector Scheme on Promotion of Agricultural Mechanisation for Management of Crop Residue, is aimed at addressing air pollution in Delhi and NCR due to stubble burning in the adjoining states of Punjab, Haryana, and Uttar Pradesh and subsidising machinery required for in-situ management of crop residue

During the period from 2018-19 to 2022-23, the funds amounting to Rs 3138 crores have been released under this scheme. During the period the states have established more than 38000 Custom Hiring Centres (CHCs) for Crop Residue Management machines and more than 2.42 lakh machines have been supplied to these established CHCs and individual farmers of the four states.

IIM, Rohtak will conduct district-wise mapping of available machinery separately for in-situ and ex-situ management including assessment of the average use of each machine available with different entities such as individual farmers.

IIM will conduct an assessment of Societies and Custom Hiring Centres for paddy straw management and the analysis of usage based on optimum field capacities of these machines, assessment of the quality and cost of in-situ and ex-situ machines supplied under the scheme vis–a–vis quality and cost of machines in the open market.

IIM will suggest the strategic initiatives to be taken by the government including the synergies that may be required at the Central and state level in implementing various initiatives/schemes of different Ministries/Departments and assessment of the farmer’s perception/requirements through exhaustive consultation with farmers and various other stakeholders of this sector.

The outcomes of the consultation are also expected to suggest the required activities for crop residue management by way of putting in place the support infrastructure for implementing the scheme with greater knowledge, better access and expanded opportunities for small and marginal farmers.

The outcomes of the consultation are also

Company has posted net profit of Rs. 46.0656 crores for the period ended December 31, 2022, as against net profit of Rs 73.0227 crores for the period ended September 30, 2022.

Dhanuka Agritech Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) – QoQ Comparison

The company has reported total income of Rs. 401.0278 crores during the period ended December 31, 2022 as compared to Rs 548.3999 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 46.0656 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs 73.0227 crores for the period ended September 30, 2022.

Financial Results (Q3 FY2023) – YoY Comparison

The company has reported total income of Rs.401.0278 crores during the period ended December 31, 2022 as compared to Rs.363.5824 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.46.0656 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.42.5151 crores for the period ended December 31, 2021.

The company mentioned that Dhanuka Agritech has a robust product pipeline for the next quarter and FY 2024 and it will be launched for the first time in India as soon as we get the registration in first quarter of FY 2024.

Company has posted net profit of Rs.

President of India inaugurates the 2nd Indian Rice Congress at Cuttack

Rice is the cornerstone of food security in India and also a key factor for our economy said Droupadi Murmu, President of India. She was speaking on the occasion of the inauguration of the 2nd Indian Rice Congress at ICAR-National Rice Research Institute.

The President said that though India is the leading consumer and exporter of rice today, the situation was different when the nation became free. In those days, we depended on imports to meet our food requirements, and the nation often lived what was called a ship-to-mouth existence. If the nation could overcome that dependency and become the largest exporter, a lot of credit goes to the National Rice Research Institute. The institute has contributed immensely to India’s food security and also to improving farmers’ lives.

The President said that in the last century, as irrigation facilities expanded, rice came to be grown in new places and found new consumers. The paddy crop requires high amounts of water but many parts of the world are facing severe water shortages due to climate change. Droughts, floods and cyclones are now more frequent, making rice cultivation more vulnerable. She said that even as rice has broken new ground, there are places where traditional varieties are facing challenges. Thus, the task before us today is to find the middle path: preserving and conserving traditional varieties on one hand, and maintaining ecological balance on the other. Another challenge is to save the soil from excessive use of chemical fertilizers, which are considered necessary for modern rice cultivation. We need to reduce our dependence on such fertilizers in order to keep our soil healthy. She expressed confidence that scientists are at work to devise eco-friendly rice production systems.

President of India inaugurates the 2nd Indian

During the current year, Railways have disbursed Rs 4 crores as a subsidy.

Indian Railways have operated around 2,359 Kisan Rail services till January 2023. Kisan railway transported approximately 7.9 lakh tonnes of agricultural goods from one state to another. The Kisan railway was launched in August 2020 from Devlali Maharashtra to Danapur Bihar.  

This information was given by Ashwini Vaishnaw, Minister of Railways, Communications and Electronic & Information Technology, in a written reply to a question in Lok Sabha.

The railways have operated 116 Kisan Rail services in Andhra Pradesh, 62 in Gujarat, 46 in Karnataka, 1,838 in Maharashtra, 74 in Madhya Pradesh, 15 in Punjab, 5 in Rajasthan, 76 in Uttar Pradesh, 59 in West Bengal, and 66 in Telangana. The national transporter has operated one Kisan Rail train in Assam and Tripura.

Railways have been continuing with the subsidy, at a rate of Rs45 per cent and this subsidy is applicable till 31 March 23. Up to 31 March 2022, a 50 per cent subsidy in freight was granted by the Ministry of Food Processing Industries (MoFPI) for the transportation of fruits and vegetables by Kisan rail, which was not continued further. During 2020-21, Railways disbursed Rs27.79 crores as a subsidy which MoFPI reimbursed.  During 2021-22, Railways disbursed Rs121.86 crores as a subsidy, out of which MoFPI reimbursed only Rs50 crores.  During the current year, Railways have disbursed Rs4 crores as a subsidy.

During the current year, Railways have disbursed

Agcubator will provide selected startups with access to mentorship from prominent experts from the domain.

PedalStart, a Gurugram-based startup, a hybrid model of incubators and accelerators, is launching Agcubator, the latest initiative for Agri-Tech-based start-ups. This programme is a cohort designed specifically for Agri-Tech domain startups from around the globe to bring them under one platform. The cohort will support start-ups and help them grow and develop in the ecosystem.

Agcubator will provide selected startups with access to mentorship from prominent experts from the domain. The cohort brings together some of the brightest minds in agriculture and technology to drive innovation and growth in the sector.

Nitin Jain, Co-Founder & CEO of Of’Business, Sanjay Sacheti, Country Head- India of Olam Agri, Varun Khurana, Founder & CEO of Otipy, Vamsi Udayagiri, Founder & CEO of Hesa and others are on boarded as mentors who will bestow the startups with their experiences and support.  Agritech Expert & Angel Investor, Ramakrishnan M would be joining the cohort as Programme Lead and put in his valuable insights in this 6 week’s cohort.

Manas Pal, Co-Founder, PedalStart, said “After the success of our previous cohort, Zero-to-One, which was a cohort structured for early-stage startups from different domains, and now we are ready to launch another cohort, Agcubator, a platform to support Agri-tech startups industry. The cohort will be a platform for startups to revolutionize their journey in the shadow of domain experts. We are looking forward to onboarding startups from the domain to seed and accelerating their journey.

Twenty startups will embark on a 6-week journey with Agcubator after undergoing a thorough 3-stage screening process. The process begins with registering on the waiting list, followed by a review of the application, and finally, a connection with the analysts for onboarding.

The cohort will be a great opportunity for entrepreneurs to network with industry experts, investors, and other startups across the globe which will be a potential source for partnerships and collaborations.

The cohort is open to taking applications from different sectors of Agri-tech like Agbiotech, Precision Agriculture / Farm Management Software, AgRobotics / Hardware Solutions / Farm Infrastructure / Farm Mechanization / Farm Automation, Food quality / Safety / Traceability, Processing, Logistics & Warehousing, Animal Related, Agrifintech, and few others.

Agcubator will provide selected startups with access

The brand displayed four marquee tractors at the show organized at Gandhi Maidan in Patna, between 9th to 12th February.

New Holland Agriculture, a brand of CNH Industrial is participating in the 11th Agro Bihar trade fair from 9th to 12th February. The trade fair is being held at the Gandhi Maidan in Patna and hosts exhibitors and visitors from various segments of the agriculture industry.

At the exhibition, New Holland Agriculture is displaying four of their flagship tractors: 5510, 3600-2 TX Super, 3230 TX Super, and the recently launched compact tractor, Blue Series SIMBA 30. These tractors are designed to meet the demands of modern farmers, providing excellent performance, efficiency, and reliability.

 Gagan Pal- Director – Agriculture Brand India, CNH Industrial said, “We are delighted to be present at Agro Bihar 2023 and showcase our latest tractors to the farming community here. Bihar is experiencing growth in agriculture and related industries and has a big market size; therefore, we are committed to support the growing agriculture industry with our farm mechanization solutions”.

Organized by the Confederation of Indian Industry (CII), the 11th Agro Bihar is one of the biggest Agricultural Exhibition in Eastern India. New Holland Agriculture aims to support the farmers in their journey to a more productive, efficient, and effective way of farming with its products backed by superior technology and performance.

The brand displayed four marquee tractors at

Syngenta and IoTech will endevour to deploy 2000 drones to train and develop rural youth for using drone technology.

In a significant move, driven by the vision of India’s Prime Minister Narendra Modi of large-scale use of drones in agriculture, Syngenta India Pvt Ltd (SIPL) has partnered with IoTechWorld Avigation for facilitating introduction of drone spraying across India. Under this agreement, the two companies will work on creating employment opportunities for rural youth by training and preparing them for using drone technology.     

Syngenta will be working closely with IoTech to promote the drone Spray technology in all educational and promotional campaigns, wherever required, as well as endeavor support in the deployment of minimum 2000 drones under the micro and village-level agri-entrepreneur program and train and develop rural youth. Syngenta and IoTech will work together to encourage 200 agri-entrepreneurs and village-level entrepreneurs developed by Syngenta Foundation India to partner in this program. 

Both parties agree to work together to harness their strengths to promote spray of Syngenta approved chemicals using drone technology of IoTechWorld, in different territories of India. “In the first phase, 200 rural youth will be trained and employed for spraying. Large-scale trials over 400 acres were conducted and data submitted to regulators for 20 crops”, informed Susheel Kumar, MD & Country Head Syngenta India. IoTech’s drone Agribot is being used across all of Syngenta’s spray services and products.

“We are revolutionizing the way spraying is done in India and helping rapid and advanced mechanization of Indian agriculture. Along with Syngenta, we want to help farmers in getting best utilization and results of plant protection chemicals, save cost, and get better output. We also want to contribute to generating employment in rural areas by developing agri-entrepreneurs,” said Deepak Bhardwaj, Director, IoTechWorld Avigation.

“Complementing the joint efforts of Syngenta India Pvt Ltd and IoTech, Syngenta Foundation India is engaged in identifying suitable Agri Entrepreneurs (AEs) and facilitating drone pilot training to them. This will help in providing additional income generating opportunity to our AEs. The Foundation will play a catalyst role in overall program and would continue to support this endeavour in future,” said Rajendra Jog, Country Director, Syngenta Foundation India.

Syngenta and IoTech will endevour to deploy

Company plans to extend the services to farmers across the country before the next Kharif season commences.

FMC Corporation, an agricultural sciences company, announced that it has launched drone spray services for farmers in India. Approved by the Directorate General of Civil Aviation (DGCA), the government body responsible for the regulation of air transport services in India, the drone service is expected to improve farm productivity while reducing the need for manual labour. FMC’s drone spray service can be accessed through the FMC India farmer app, which supports seven regional Indian languages. The service is currently available in Andhra Pradesh and will be available in the states of Madhya Pradesh and Maharashtra by month-end.

Ravi Annavarapu, President, FMC India said, “As technology continues to evolve in the agriculture sector, drones are expected to constitute 2 per cent of the total agricultural machinery spend in the country by the end of year 2030. In this pilot phase, FMC will leverage our deep global knowledge and expertise in drone application for the benefit of the Indian farming community. We plan to maximize our reach among Indian farmers in the selected states during the first three months, and thereafter extend the services to farmers across the country before the next Kharif season commences.”

Agricultural unmanned aerial vehicles (UAVs) allow more control over spray uniformity and coverage, as well as improves the precision with which crop protection products like FMC’s premium and farmer-trusted brands Coragen® insecticide and Benevia® insecticide are applied.

Annavarapu added, “Our efforts have always been directed toward providing innovative solutions to farmers so they can increase yields in a sustainable manner. We will provide access to drone technology, training, and financing to promote rural entrepreneurship. Additionally, government focus on modernizing agriculture with technology, while developing requisite skills like drone operations, will ensure widespread uptake of precision agriculture.”

Company plans to extend the services to

The project includes the creation of over 12,600 jobs and 300 enterprises in organic agriculture.

The Jammu and Kashmir government has launched a project to support farmers and promote sustainable agriculture in the region.

The state government has announced an amount of Rs 84 crore to support the project over the next five years. The initiative is part of a larger effort to promote sustainable agriculture, commercial agriculture and healthy food production.

According to the government statement, the project includes the creation of over 12,600 jobs and 300 enterprises in organic agriculture. The project will also provide training to 10,000 farmers and their families in organic farming and establish 200 commercial and 3,000 low-cost vermicompost units and 100 integrated organic farming system units. The project targets to create around seven organic clusters in every district, covering 2,000 hectares of land. It also aims to convert another 2,000 hectares into organic production. Jammu and Kashmir’s administration has approved 29 projects for sustainable agriculture in the region.

The project includes the creation of over

SBI will provide loans at the market rate to the customers of IoTech World Aviation without any mortgage, a 3 per cent concession in interest.

State Bank of India (SBI) and drone manufacturer IoTech World have come together to provide agri-drones to farmers at affordable prices and low loans. The two companies signed a formal agreement. The SBI will give loans at 3 per cent less than the market rate to the farmers, who buy agricultural drones from IoTech World Company.

Deepak Bhardwaj, the co-founder IoTech World, said that the SBI will provide loans at the market rate to the customers of IoTech World Aviation without any mortgage, a 3 per cent concession in interest. This exemption will be given under the Government of India’s Agriculture Infrastructure Fund (AIF).

Bhardwaj said that Agri-drones will prove a boon for India’s agriculture sector. The loan facility provided by SBI will prove to be very helpful for those farmers who were not able to buy drones due to a lack of institutional finance facilities.”

Anup Upadhyay, IoTech World Navigation co-founder said drones help in the optimum use of fertilizers and pesticides in agriculture, thereby reducing the cost of farming. The use of agriculture-drone is not only helpful in increasing the yield, but also saves a lot of time. Agri-drones are going to prove a miracle for Indian agriculture. It is noteworthy that IoTech World Navigation was started in the year 2017. This company manufactures agricultural drones.

SBI will provide loans at the market

The partnership will look into innovation opportunities related to agriculture and food security in the context of climate change, in the present scenario of experiencing a rise in extreme temperatures, floods, and droughts.

Department of Agriculture and Farmers Welfare (DA&FW) under the Ministry of Agriculture and Farmers Welfare, Government of India, has entered into a partnership with The Development Innovation Lab (DIL) at the University of Chicago, in New Delhi, to explore the opportunities to harness innovation to improve food security, address climate change, and allow farmers to increase their incomes. The DIL, founded by Nobel Laureate Michael Kremer, University Professor in Economics at the University of Chicago, and 2019 co-recipient of the Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel, was represented by the University of Chicago Trust in India during the signing of the Memorandum of Understanding (MoU).

The partnership will look into innovation opportunities related to agriculture and food security in the context of climate change, in the present scenario of experiencing a rise in extreme temperatures, floods, and droughts, as well as changes to the monsoon system.  Innovations in digital services, weather forecasts, and soil health management could help farmers adapt to these shocks and improve their livelihoods, while improving environmental sustainability of agriculture. DIL will assist DA&FW in its efforts to identify, develop, test, and refine innovations in these and other priority areas, to support India’s small holder farmers.

Secretary (A&FW) Manoj Ahuja expressed happiness over the signing of MoU with DIL and felt that this would immensely help the small and marginal farmers in addressing the challenges of climate change and increasing farm productivity.

The Development Innovation Lab (DIL) uses the tools of economics to develop innovations with the potential to benefit millions of people in low- and middle-income countries.

The partnership will look into innovation opportunities

Consumers can view pesticide test reports for Superplum fruits and see the actual farm where their fruits were grown

Superplum, an agritech startup based out of Noida, recently launched a unique feature that allows consumers to scan a QR code and pay a bonus to the farmer who has grown the food they are eating. Consumers can already view pesticide test reports for Superplum fruits and see the actual farm where their fruits were grown.

All this is possible due to the company’s fully digitised and traceable supply chain that tracks every pack that the consumer receives. Superplum’s end-to-end digitised platform allows granular quality control and analysis of all products. The company works across 20 states and delivers over 20 fruits from the farm to retail stores. 

Shobhit Gupta, the CEO of Superplum, said, “From the outset, our system has been designed to benefit both consumers by getting better quality fruits and farmers by getting them a better share of consumer spending. We also work with farmers and support them to grow high-quality, safe fruits and reduce wastage through investment in cutting-edge technology and an innovative cold chain. If you love the fruits you are eating, it’s now easy to show your appreciation.”

Consumers can view pesticide test reports for

The Top 20 contestants will be shortlisted after critical evaluation by a jury panel

TAFE – Tractors and Farm Equipment manufacturer of the Massey Ferguson tractors in India, launched the ‘Massey Dynastar Contest 2023 – Sabse Bade Allrounder Ki Talaash’- Season 1 – an online search for farmers, entrepreneurs, startups, students, academicians and any individual or entity with an original and creative idea that could effectively transform lives, using the Massey Ferguson DYNATRACK tractor. The winner of the contest will be presented with a Massey Ferguson 241 DYNATRACK tractor worth Rs. 7.5 lakhs. Besides, the first two runners-up will win an 8-gram gold coin each, the Top 20 shortlisted participants will win gift hampers worth Rs. 5000 each, the first 100 valid early bird entries will win gift vouchers worth Rs. 500 each and the best 3 social media posts on the contest will win gift vouchers worth Rs. 2000 each.

The Top 20 contestants will be shortlisted after critical evaluation by a jury panel, further among which, the Top 10 contestants will be the finalists. The Top 10 contestants will present their ideas to the senior leadership of TAFE, which will select the winner. The jury includes experts and senior leaders from specialised domains.

With the First Season of Massey Dynastar Contest 2023, TAFE intends to celebrate the spirit of creativity and innovation among the Indian agri and rural entrepreneur community by providing them with an opportunity and a platform to fulfil their dreams and aspirations.

TAFE manufactures a range of tractors, in both the air-cooled and water-cooled platforms, and markets them under its four brands – Massey Ferguson, TAFE, Eicher, and the Serbian tractor and agricultural equipment brand – Industrija Mašinai Traktora (IMT).

The Top 20 contestants will be shortlisted