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Agribusiness, Agrotech, Company News, Digital Technologies, Fruits, Horticulture, Supply Chain, Vegetables

 It offers season-long, real-time quality inspection monitoring of various crops including apples, pears, avocados, blueberries, tomatoes, grapes, melons, citrus.

AgroFresh Solutions, Inc., a global leader in post-harvest solutions, is committed to empowering the business of fresh at every step, helping customers produce abundant, sustainable, quality fresh produce for all. This commitment includes addressing recent data management trends—everything from digitisation of the packhouse to the need for real-time insights, savings and efficiencies throughout the process.

The FreshCloud digital platform, powered by AgroFresh, streamlines quality produce inspections and intelligent end-to-end data visibility.

Their digital solutions, which include the FreshCloud™ platform, continue to expand both geographically and in the diversity of crops within their digital produce quality management platform. With new customer success in every region of the world, FreshCloud continues to empower the way customers like South Africa’s Goede Hoop Citrus, a world-class citrus packing facility, manage produce.

Jo-Ann Breunissen, Quality Manager at Goede Hoop Citrus shares her experience with the digital tool: “From orchard to packaging, every aspect of Goede Hoop Citrus’ operations is guided by principles that prioritize sustainability. By implementing innovative practices, Goede Hoop Citrus strives to minimize its environmental footprint while maximizing the quality of its citrus products. From inventory management to quality control, FreshCloud provides us with comprehensive tools accessible from any device, enabling seamless monitoring and collaboration throughout the packing process. With real-time quality data analytics and predictive modeling, FreshCloud empowers Goede Hoop Citrus and our producers to make informed decisions, allocate resources efficiently and minimize waste.”

FreshCloud, powered by AgroFresh, is at the forefront of streamlining quality inspections, decision-making processes and improving produce quality. The comprehensive digital quality platform offers season-long, real-time quality inspection monitoring of various crops including apples, pears, avocados, blueberries, tomatoes, grapes, melons, citrus and more.

“We have had an incredible start to our 2024 season with the expansion of FreshCloud, with new customers joining us from every corner of the globe,” said Bradford Warner, Digital & Data Executive Director at AgroFresh. “This achievement underscores the value that FreshCloud brings to the produce industry, enabling all types of customers to make informed decisions and optimise their operations for success. As we continue to expand our FreshCloud reach and offerings, AgroFresh remains committed to providing unparalleled support to our customers.”

“Through the implementation of FreshCloud, Goede Hoop Citrus is developing advanced systems that integrate seamlessly with their existing operations. By leveraging FreshCloud’s cutting-edge technology, Goede Hoop Citrus gains a competitive edge in the industry while enhancing their commitment to sustainability and quality in citrus packing operations,” stated Breunissen.

 It offers season-long, real-time quality inspection monitoring

Agribusiness, Agro chems – Chemicals, Company News, Finance, India, Inputs

 Company has reported revenue of Rs. 1758.54 Cr in FY’24 and growth of 3.4 per cent over FY23.

Dhanuka Agritech, one of the leading agri input companies in India, announced its financial results for the fourth quarter of the financial year ending March 2024. The company recorded revenues of Rs 1758.54 Crore for the period ended March 31, 2024, an increase of 3.4 per cent over Past Year of Rs 1700.22 Crore. Company has posted Net Profit of Rs 239.09 in FY24 compared to Rs 233.51 in FY23 registering growth of 2.4 per cent.

The company recently launched several products which will revolutionize the agricultural sector of the country. The products, include LaNevo, MYCORe SUPER and Purge.

Commenting on the Q4 performance, M. K. Dhanuka, Vice-Chairman and Managing Director, Dhanuka Agritech Ltd said, despite the year 2023 recording below-average rainfall (820 mm compared to the usual 868.6 mm) due to El Nino, prevailing volatile and challenging market conditions, the company performed reasonably well. Our new product offerings have received encouraging responses from the farming community.

As IMD forecasts predict above-normal rainfall this year, it would significantly benefit the agriculture sector, especially the kharif season. Accordingly, we at Dhanuka are hopeful of delivering a strong performance and profit stabilization in the current financial year.

Projecting into the current financial year, he said like the last few years, the company plans to launch several groundbreaking products in the current financial year. These advancements will not only revolutionize Indian agriculture but also solidify the company’s position in the competitive agrochemical market. Already, in the month of April-May, we have launched three innovative products including the global introduction of the herbicide ‘Purge’, as well as the launch of insecticide ‘LaNevo’, and bio-fertilizer ‘MYCORe Super’. The initial feedback of the market is phenomenal for all these products, and we plan the introduction of more innovative products over the next few months.

 Company has reported revenue of Rs. 1758.54

Agrotech, Award, India, Interaction, Middle East countries, Oilseeds, Pulses, Start ups

Startups from Bangladesh, India, and Pakistan took center stage to showcase their groundbreaking initiatives in protein to help achieve food and nutrition security.

Right to Protein powered by the U.S. Soybean Export Council (USSEC) hosted its second Pitch2Fork program in Dubai, UAE. With a focus on innovations in the protein industry, this platform provided a unique opportunity for entrepreneurs across Bangladesh, India, and Pakistan to pitch their rising businesses to a panel of investors. Shortlisted companies that leveraged this unique opportunity included Gladful, Hello Tempayy, Poulta, and WeGro.

While South Asia ranks as the fastest-growing region in the world, it is challenged with meeting the rapidly growing demand for protein. Reflecting on the potential impact of Pitch2Fork, Kevin Roepke, Regional Director of South Asia and Sub-Saharan Africa (SAASSA), USSEC, commented, “Pitch2Fork is strategically positioned to facilitate the networking needed between startups and investors, accelerating innovation. By embracing disruption, proactively investing in the future, and addressing protein challenges, we create a path towards a more nutrition-secure tomorrow.”

Hello Tempayy, an innovative Indian start-up reshaping tempeh production was awarded the Pitch2Fork 2024 trophy for ‘Protein Start-up of the Year.’ With their user-friendly and flavorful offerings, Hello Tempayy is expanding the array of soy-based protein options available to consumers in India.

Attendees were inspired by the triumph of Agroshift, an agritech startup from Bangladesh and the Winner of Pitch2Fork 2022. Agroshift operates as an omnichannel agri-supply chain platform that helps farmers sell their goods to businesses and consumers enabling fair pricing and better market access with increased affordability, quality, and convenience to buyers through its micro-fulfillment distribution network.

Pitch2Fork’s renowned speaker lineup included Janna Fritz, Vice Chair, USSEC; Henry Gordon-Smith, Founder and CEO at Agritecture; Roma Roy Choudhury, Founder & COO at Evolved Foods; Deeba Giannoulis, Regional Head of U.S. Soy Sustainability and Marketing at USSEC-SAASSA; and Roberto Vitón, Founder and Managing Director from Valoral Advisors.

U.S. Soy has been at the forefront of innovation and sustainability – continuously improving to deliver solutions to its customers across the globe. With a commitment to nourishing the world sustainably, U.S. soybean farmers support platforms like Pitch2Fork and deliver solutions like the Soy Value Oil Calculator, Specialty U.S. Soy Database, In-Pond Raceway Systems (IPRS), the International Aquaculture Feed Formulation Database (IAFDD) and the Soy Excellence Centers to name a few.

Startups from Bangladesh, India, and Pakistan took

Acquaculture, Agro Universities, India, R&D

The MoU aims to implement Livelihood Business Incubators for youth and farmers in the North- East region of India under ASPIRE scheme of MSME, Govt. of India.

ICAR-Central Institute of Brackishwater Aquaculture, Chennai, signed a Memorandum of Understanding with Aquaculture & Biodiversity Centre, University of Guwahati, Assam for collaborative research on aquaculture and the implementation of Livelihood Business Incubators for youth and farmers in the North East region of India under ASPIRE scheme of MSME, Govt. of India.

Dr Hemanth Kumar Nath, Registrar, Guwahati University, and Dr. Kuldeep K. Lal, Director, ICAR-CIBA, signed the MoU on behalf of their respective institutes. Dr Lal highlighted the importance of the MoU and ICAR-CIBA’s consultancy services in feed formulation, processing technology, fish value-added product development, and Plankton plus production. He emphasized these initiatives will assist farmers and entrepreneurs in developing and implementing technology as a business model.

Dr Nath highlighted the University’s achievements and the significance of signing the MoU, stating that the research findings will be translated into business opportunities to assist farmers and entrepreneurs in India.

Later, Prof. Pratap Jyoti Handique, Vice-Chancellor, Guwahati University, and Dr. Kuldeep K. Lal Director, ICAR-CIBA discussed taking forward this MoU to catalyse the realistic changes in the aquaculture sector by leveraging the expertise, resources, and innovation. The officials from Guwahati University and scientists from ICAR-CIBA attended the function.

The MoU aims to implement Livelihood Business

Agribusiness, Company News, Finance, Funding, India, Start ups

The funding round was led by the company’s incoming chairman, Erik Ragatz, former Partner and current Senior Advisor of Hellman & Friedman.

Agritech startup, Superplum, revolutionising the fresh fruit supply chain announced that the company has raised $15 million in its Series A funding round to expand its business. The funding round was led by the company’s incoming chairman, Erik Ragatz, former Partner and current Senior Advisor of Hellman & Friedman. Ragatz joins a group of existing investors, including Mark Siegel, Dan Rose, Steve Jurvetson, Rick Kimball, Binny Bansal, and Kabir Misra.

Shobhit Gupta, Co-founder and CEO of Superplum emphasised the importance of technology and investment in transforming India’s fresh fruit supply chain. He said, “The rapidly developing Indian consumer market is becoming increasingly demanding. While India has achieved significant progress in several areas, fresh food still lacks technology and investment.”

Erik Ragatz, Superplum’s new Chairman, expressed his confidence in the startup’s vision. He said, “Superplum is a hugely disruptive player in existing Indian produce markets and has the opportunity to create an incredibly valuable enterprise.”

Apart from selling through Amazon Fresh, Zepto, Swiggy, and Blinkit, the startup also sells its products through major retail chains like Spar, Metro, Lulu, Modern Bazaar, More, and Trent, as well as hundreds of neighbourhood stores in Delhi NCR and Bengaluru.

The startup recently began marketing its branded, traceable products globally. With a world-class supply chain, Superplum sees significant opportunities for premium Indian mangos, litchis, and other tropical fruits.

Founded in 2019, Superplum has developed a direct-from-farm supply chain utilizing proprietary technology and cold-chain infrastructure to fundamentally improve how fresh produce is grown and brought to market. The startup offers a variety of fruits, including mangoes, litchis, apples, grapes, cherries, and plums. Superplum’s vertically integrated cold chain technology extends shelf life and enhances fruit quality, expanding availability across India while reducing food waste and improving farmer incomes. Currently, it works with farmers across 22 Indian states, operating modern sourcing and supply chains for 25 fruits throughout the year.

The funding round was led by the

AgroPolicy, Fruits, Horticulture, India, Supply Chain, Trade

Considering the issue of rampant use of banned calcium carbide, FSSAI has permitted the use of ethylene gas as a safer alternative for fruit ripening in India.

The Food Safety and Standards Authority of India (FSSAI) has alerted traders’/fruits handlers/Food Business Operators (FBOs) operating ripening chambers to strictly ensure compliance with the prohibition on calcium carbide for artificial ripening of fruits, particularly during the mango season. FSSAI is also advising Food Safety Departments of States /UTs to remain vigilant and take serious action and deal stringently against person(s) indulging in such unlawful practices as per the provisions of FSS Act, 2006 and Rules/Regulations made thereunder.

Calcium carbide, commonly used for ripening fruits like mangoes, releases acetylene gas which contains harmful traces of arsenic and phosphorus. These substances, also known as ‘Masala’, can cause serious health issues such as dizziness, frequent thirst, irritation, weakness, difficulty in swallowing, vomiting and skin ulcers, etc. Additionally, acetylene gas is equally hazardous to those handling it. There are chances that calcium carbide may come in direct contact with fruits during application and leave residues of arsenic and phosphorus on fruits.

Due to these dangers, the use of calcium carbide for ripening fruits has been banned under Regulation 2.3.5 of the Food Safety and Standards (Prohibition and Restrictions on Sales) Regulations, 2011. This regulation explicitly states, “No person shall sell or offer or expose for sale or have in his premises for the purpose of sale under any description, fruits which have been artificially ripened by use of acetylene gas, commonly known as carbide gas.”

Considering the issue of rampant use of banned calcium carbide, FSSAI has permitted the use of ethylene gas as a safer alternative for fruit ripening in India. Ethylene gas can be used at concentrations up to 100 ppm (100 μl/L), depending upon the crop, variety and maturity. Ethylene, a naturally occurring hormone in fruits, regulates the ripening process by initiating and controlling a series of chemical and biochemical activities. The treatment of unripe fruits with ethylene gas triggers the natural ripening process until the fruit itself starts producing ethylene in substantial quantities.

Further, the Central Insecticides Board and Registration Committee (CIB & RC) has approved Ethephon 39 per cent SL for the uniform ripening of mangoes and other fruits. FSSAI has published a comprehensive guidance document titled “Artificial Ripening of Fruits – Ethylene gas a safe fruit ripener” (https://www.fssai.gov.in/upload/uploadfiles/files/Guidance_Note_Ver2_Artificial_Ripening_Fruits_03_01_2019_Revised_10_02_2020.pdf) suggesting the Food Business Operators to follow the procedure for artificial ripening of fruits. This document outlines a Standard Operating Procedure (SOP) incorporating all aspects of artificial ripening of fruits by ethylene gas viz. Restrictions, Requirements for Ethylene Ripening System/Chamber, handling conditions, Sources of Ethylene Gas, Protocol for application of Ethylene gas from various sources, post treatment operations, safety guidelines etc.

Considering the issue of rampant use of

Agribusiness, Agro chems – Chemicals, Company News, Finance, India, Speciality Chemicals

The company has posted total income Rs 413 crore in the January-March quarter of 2023-24 compared to Rs 504.2 crore in the year-ago period.

Chemicals maker Anupam Rasayan India Ltd., one of India’s leading custom synthesis and specialty chemical player, has announced its financial results for the quarter and year ended March 31, 2024.   Company has reported a 44.26 per cent fall in its consolidated net profit to Rs 40.46 crore for the fourth quarter of 2023-24. Company’s net profit stood at Rs 72.63 crore in FY 2023.

The company has posted total income Rs 413 crore in the January-March quarter of 2023-24 compared to Rs 504.2 crore in the year-ago period, a regulatory filing said.

 Anupam Rasayan posted a 23 per cent drop in consolidated net profit to Rs 167.4 crore for the full fiscal 2023-24 against Rs 216.8 crore in the previous fiscal. For the Year ended March 31, 2024, Anupam Rasayan India posted total revenue at Rs. 1505.3 crore as compared to Rs. 1610.5 crore in FY23; down 7 per cent YoY. Company’s Profit After Tax for FY24 was at 167.4 crore as compared to Rs. 216.8 crore in FY23 – degrowth of 23 per cent YoY.

“The chemical industry, including speciality chemicals, has faced significant headwinds during the last year. However, despite the de-growth in the top line, the company has been able to sustain its profitability and maintain margins at 27 per cent levels on a full-year consolidated basis”, said Anand Desai, Managing Director, Anupam Rasayan .

“We believe that headwinds in the industry may continue for the next two quarters. However, the financial year 2025 will be a year of growth for us with our major focus on polymer and pharmaceutical space,” he added.

The company has posted total income Rs

Agri Genomics, Agro Universities, R&D

 DNA Barcoding revealed as new species for Indian flora. Considering its potential in island agriculture, it is being promoted as a novel spice crop from the islands.

Woody pepper is a perennial liana of the Piperaceae family, which is locally called Choi jhaal in the Andaman and Nicobar Islands. The species is unique as its stem segments are the edible part, unlike berries or leaves in other commercial Piper species such as black pepper and betel leaf. Stem pieces are used by some settler populations of these islands for flavoring vegetarian and non-vegetarian curries. Systematic research work has been taken up at ICAR-Central Island Agricultural Research Institute, Port Blair since 2016 to conserve it and understand the significance of this underutilized genetic resource. Studies at the institute suggested the spice to be a source of antioxidants including phenolics and piperine. Considering its potential in island agriculture, it is being promoted as a novel spice crop from these islands. The botanical identity of the species has remained debatable due to the complex nature of the genus.

Under the Department of Biotechnology, Govt of India funded a project at ICAR-CIARI, a DNA barcoding approach with two plastid barcode markers (ribulose-1, 5-bisphosphate carboxylase/oxygenase large sub-unit-rbcL gene and psbA-trnH spacer region) was adopted to overcome this issue. This approach revealed that the correct botanical identity of the woody pepper is Piper pendulispicum C.DC. This species has not been reported from the Andaman and Nicobar Islands or any parts of mainland India so far. As per the Plants of the World website, which is the repository of the Royal Botanical Gardens, Kew, London, this species is believed to be native to Vietnam and it has been also found in parts of Thailand. These findings would aid in the conservation of this unique genetic resource found in the remotely located Indian islands apart from promoting its cultivation. The study was carried out by Dr. Ajit Arun Waman, Dr. Arun Kumar De, Dr. Pooja Bohra, Dr. Sneha Sawhney from ICAR-CIARI and Dr. Sanjay Mishra from Botanical Survey of India, Central Regional Centre, Allahabad under the overall guidance of Dr. Eaknath B. Chakurkar, Director, ICAR-CIARI.

 DNA Barcoding revealed as new species for

Agribusiness, Agro chems – Fertilizers, Agrotech, Company News, Sustainability, Sustainable Energy, World

BMB ammonia derivatives portfolio with significantly lower product carbon footprint versus conventional ammonia derivatives.

With its first biomass-balanced (BMB) ammonia and urea products, BASF now offers BMB options within its ammonia value chain. The wide range of products includes ammonia anhydrous BMBcertTM, ammonia solution 24.5 per cent BMBcertTM, urea prills BMBcertTM, urea solution 40 per cent BMBcertTM, and urea solution 45 per cent BMBcertTM.

BASF applies a biomass balance approach to replace fossil resources at the beginning of the production process with certified biowaste raw materials which are attributed to the products. The mass balanced products are certified according to ISCC (International Sustainability and Carbon Certification) PLUS standards. In addition, BASF is using electricity from renewable sources for the manufacturing of the ammonia and urea products, further reducing their production-related emissions.

These measures lower the product carbon footprint (PCF) of these products by at least 80 per cent versus the average PCF of conventional fossil ammonia derivatives* without compromising on quality and performance. The certified BMBcertTM products enable customers to reduce their scope 3 emissions as well as the product carbon footprint of their products.

“BASF was the first company to develop both an industrial ammonia as well as an industrial urea process. Today, we are the first company that offers such biomass balanced options as part of the regular ammonia and urea portfolio. With this portfolio we meet the rising request in industry and help our customers reach their sustainability targets”, said Dr Jens Aßmann, Vice President Business Management Ammonia Value Chain and Operations Amino Resins at BASF.

The BMB ammonia derivative portfolio is a further step on the sustainability roadmap of BASF’s Monomers division which was announced last year. This envisages developing at least one circular or lower PCF option for every major product line by 2025. The division’s sustainable offerings are an essential part of BASF’s path to climate neutrality and net-zero CO2 emissions by 2050.

BMB ammonia derivatives portfolio with significantly lower

Australia, Fruits, India, Supply Chain, Trade

The introduction of Australian avocados to the Indian market is a testament to the growing bilateral ties and the potential for further collaboration in the agricultural sector.

 Avocados Australia Limited, the representative body for the Australian avocado industry, announced its much-anticipated entry into the Indian market, accompanied by cricket icon Brett Lee as their esteemed brand ambassador. The announcement was made at Avocados Australia’s Launch Trade Reception held at the Australian High Commission in New Delhi in India.

 With Brett Lee as a brand ambassador, this launch aims to introduce a premium and healthy option to the Indian households, promoting the incorporation of avocados into everyday meals and snacks.

The avocado market in India is gaining momentum. Avocado consumption has increased in India, with global demand also witnessing a significant surge over the past decade. Avocado is a healthy addition to all diets and is particularly perfect for those eating vegetarian diets.

The Australian avocado industry is growing rapidly, Australia produced just over 115,385 tonnes of avocados in 2022/23 and Australian production is forecast to increase strongly over the next few years to approximately 170,000 tonnes by 2026. In line with this production growth, Aussie growers are committed to developing new overseas markets such as India. Increased exports will be critical for the future viability of the Australian avocado industry.

During the launch of Australian avocados in India, Australia’s Deputy High Commissioner to India, Nick McCaffrey said: “The introduction of Australian avocados to the Indian market signifies a promising partnership between our nations. It’s a testament to the growing bilateral ties and the potential for further collaboration in the agricultural sector.”

John Tyas, CEO of Avocados Australia, stressed the significance of the Indian market and outlined the strategy to enhance the visibility of Australian avocados in India, stating, “we are excited to bring the exceptional taste and nutritional benefits of Australian avocado to the diverse Indian market. With our focus on exports and a commitment to quality and service, we are confident that we will establish a robust presence in India. While competition exists, we believe our emphasis on quality, service, availability throughout the year and market support will set us apart. Also, with Brett Lee as the brand ambassador, we are confident that Australian avocados will become a beloved fruit in Indian households, enriching meals and inspiring culinary creativity.”

“Many consumers in India are not aware of the health benefits of regular avocado consumption nor are they aware of the wide range of uses this fruit can provide in different cuisines. Our intent is to educate consumers on both these aspects, we can also help with consumer communication on the best approaches for fruit ripening and handling.”

India market access is a great opportunity; however, we have much to learn about this market and it will take time and effort to develop this market over the coming years,” he added. The launch of Australian avocados in India marks a significant step in the industry’s global expansion journey, promising premium quality for Indian consumers.

The introduction of Australian avocados to the

AgroPolicy, Animal Health, Animal Husbandry, Company News, Dairy, Goat farming, India, Live Stock

CSC will serve as a pivotal distribution channel, leveraging its extensive network of around 6 lakh Common Service Centres (CSCs) spread across the nation.

In view of widening the reach of AIC’s innovative cattle insurance product- “Sampoorna Pashudhan Kawach”, the Company has entered into a strategic partnership by signing an MoU with CSC e-Governance Services India Ltd. (CSC) which is a government-owned entity facilitating digital access to various services across rural India. Agriculture Insurance Company has partnered with CSC e-Governance Services India Ltd. to extend its livestock insurance product, Sampoorna Pashudhan Kawach, to rural farmers nationwide through CSC’s extensive digital network.

Sampoorna Pashudhan Kawach is a comprehensive insurance product tailored specifically for cattle farming, designed to safeguard farmers’ livestock against unforeseen risks. Through this memorandum of understanding, CSC will serve as a pivotal distribution channel, leveraging its extensive network of around 6 lakh Common Service Centres (CSCs) spread across the nation.

The signing ceremony held on May 16, 2024 at AIC Head Office, New Delhi was attended by Girija Subramanian, CMD, AIC, Sanjay Kumar Rakesh, MD & CEO, CSC e-Governance Services India Ltd., Dasarathi Singh, GM, AIC, Lalit Kharbanda, GM, AIC, Kumar Pushpendra, Vice President, CSC Insurance Services, K.V. Raman, GM, AIC & K.S. Jyothi, GM, AIC.

“This is a Landmark Agreement for both AIC & CSC, through CSC, AIC is going reach the Grass Root Levels, to the neediest farmers. Sampoorna Pashudhan Kawach through CSC would ensure market penetration up to individual households. Going forward the Tie Up shall be covering AIC’s other Products like Saral Krishi Bima, Sampoorna Ritu Kavach, Aquaculture Crop Insurance, Sinchai Pranali Bima etc. The whole process from Enrolment, Claim Assessment and Policy Servicing shall be system enabled from end to end. This tie-up would reaffirm AICs commitment towards the rural masses and ensure seamless service delivery maintaining the highest professional standards.” said Girija Subramanian Chairperson and Managing Director, AIC.

“Livestock insurance in India is a crucial aspect of agricultural risk management, particularly for farmers who depend on livestock for their livelihoods. Despite government initiatives, there are challenges in the implementation of livestock insurance schemes in India. These include issues related to awareness among farmers and the availability of veterinary services in rural areas. Limited access to veterinary services and infrastructure in rural areas affects the quality of healthcare for livestock. Many farmers, especially in rural areas, lack awareness about the benefits of livestock insurance and how it can protect their livelihoods. The partnership between AIC and CSC will mitigate these challenges and empower farmers in the remotest corners of the country.” said Sanjay Kumar Rakesh, MD & CEO, CSC e-Governance Services India Ltd.

CSC will serve as a pivotal distribution

Agribusiness, Agrotech, Company News, Foodgrains, India, Seeds

 Field trials of this technology have been undertaken over past three years in Chhattisgarh.

At a program attended by over 1000 farmers from across the region at Bemetara, Savannah Seeds launched its groundbreaking FullPage® Rice Cropping Solution to the Indian market in collaboration with ADAMA India, a leading global crop protection company on Saturday. Specifically designed for direct-seeded rice (DSR), FullPage brings together SmartRice® genetics, SQUAD™ seed treatment, the FullPage unique IMI herbicide tolerance trait, and ADAMA’s Vezir® herbicide. As a comprehensive rice cropping system, FullPage is poised to reshape rice cultivation in India.

A new technological solution launched promises to be a panacea for age-old problem of rice growers in Chhattisgarh grappling with wild rice. The FullPage® Rice Cropping Solution will save farmers up to Rs 6000 per acre and enhance their yields by 25-40 per cent. It will also reduce greenhouse gas emissions by 25-30 per cent. This is a boon for farmers of over 60 lakh hectares in the state who use Direct Seeding of Rice or DSR method of planting paddy.

Ajai Rana, Chairman of FSII and Managing Director and CEO of Savannah Seeds said, “The FullPage® cropping solution will bring about a revolution in rice cultivation by addressing the critical issue of weed management. It not only enhances farmers’ incomes but also conserves water, reduces greenhouse gas emissions, thus safeguarding our environment for future generations.”

Despite being among the top rice producing states, rice farmers in Chhattisgarh face a significant challenge from wild rice, which grows alongside regular rice and is almost indistinguishable until the kernels begin to bud. This wild variety can reduce yields by 25 to 30 percent. Herbicides are not a viable solution because they also harm regular rice, making manual weeding the only effective method. Manual weeding is labour-intensive and costly, ranging from Rs 6000 to Rs 10000 per acre.

“FullPage® Rice Cropping Solution offers an innovative solution to this problem eliminating the need for manual weeding and saving farmers ’money while increasing yields. This technology has been successfully demonstrated in Chhattisgarh over the past three years and is now commercially launched in the state,” informed Rana.

This cutting-edge solution offers a comprehensive four-pronged advantage. Engineered specifically for DSR, FullPage® integrates smart genetics to optimize crop performance. With its SQUAD seed treatment, FullPage® guarantees uniform germination, promoting robust initial growth and plant vigor. Unlike conventional methods, FullPage® technology eliminates the risk of phytotoxicity to the crop, ensuring uninterrupted growth and maximum yield potential.

Traditional DSR practices often struggle with weed management and inconsistent germination, leading to lower yields. To address this challenge in rice farming, the FullPage® Rice Cropping solution integrates ADAMA’s Vezir® herbicide that controls weeds like weedy/red/feral rice and barnyard grass in Imazethapyr-tolerant hybrid rice. It gives growers reliable, broad-spectrum grass and broadleaf weed control.

“We’re thrilled to partner with RiceTec in introducing the FullPage® Rice Cropping Solution to India. This collaboration underscores our commitment to providing innovative solutions for rice farmers, tailored to their needs,” said Sahin Ozkan, CEO of ADAMA India.

 He further explained, “FullPage® not only tackles weed management challenges but also promotes sustainability, aligning with the most advanced agricultural practices in the world. With its advanced technology and benefits like reduced groundwater usage and increased yields, FullPage® offers a new approach to rice cultivation. We’re dedicated to supporting the adoption of FullPage® among Indian farmers.”

FullPage® is a total-package rice cropping system that is fully supported by a team of technical service representatives to make a positive impact on today’s farmers. The Savannah team has conducted nearly 500 demonstrations, reaching more than 17,000 farmers through field visits and demonstrations. Farmers quickly recognized the benefits of the FullPage system, favoring direct seeding over transplanting.

 Field trials of this technology have been

Agribusiness, Company News, Finance, India

In Q4 FY24 company’s crop protection business reported revenue of Rs 177 crore and EBIT of Rs 14 crore.

Hikal Ltd., a preferred long-term partner for leading global life sciences companies, announced its financial results for the quarter and full year ended 31st March 2024. In FY 2024 company reported revenue of Rs. 1,785 crores while EBITDA stood at Rs 267 crores. Company’s Profit After Tax stood at Rs 70 crores. Crop Protection sales stood at Rs 177 crores as compared to Rs. 180 crores in Q3 FY24.

Commenting on the results, Jai Hiremath, Executive Chairman, Hikal Ltd. said, “For the financial year ’24, we achieved revenues of Rs 1,785 Crores as compared to Rs 2,023 Crores last year. FY24 was marred with several global macroeconomic pressures and depressed market conditions for the global chemical sector on account of inventory build-up and overcapacity across the sector resulting in intense price competition from China predominantly in the Crop Protection market.

In our CDMO segment we have received several RFPs from both emerging pharma and global innovators, with several products progressing through the development stages. We have a healthy pipeline of projects in the early to mid-phase that is encouraging. During FY24, our API facility in Panoli, Gujarat, was audited by the US FDA, and the audit was concluded with ‘Zero’ 483 observations as a testament of our commitment to high standards of regulatory compliance.

For Q4FY24, our crop protection business reported revenue of Rs 177 Cr and EBIT of Rs 14 crore. Despite proactive cost improvement initiatives, the global crop protection industry continues to face significant headwinds, including subdued global demand due to inventory in the channel pipeline and intense price erosion from competitors primarily China as a result of large capacity which are under-utilized. We expect the market to stabilise post the end of this financial year and recovery to begin thereafter.

In our animal health business, advancements in developing a portfolio of products under a long-term agreement with an innovator animal health company are proceeding well. During the third quarter, our new multipurpose animal health facility was commissioned at Panoli, Gujarat. Validation of several products is underway, and it is scheduled to be completed in the upcoming quarters. These validation batches mark the initial phase toward product registration and subsequent commercialisation.

In Q4 FY24 company’s crop protection business

Uncategorized

The company plans to achieve the target of 5,000 drones in the fiscal year 2024-25 through cross channel sales of their existing network across 12 states and 70+ Training institutes across India.

Gurugram-headquartered integrated agri-drone company AITMC Ventures (AVPL International), has announced that its Agriculture Drone VIRAJ has received type certification from the Directorate General of Civil Aviation (DGCA). This significant milestone enhances the company’s credibility and opens new opportunities in the burgeoning drone market in India.

Himanshu Sharma, CEO of AITMC Ventures Ltd. (AVPL International), acknowledges the AVPL’s first type certificate of VIRAJ UAS (Agriculture Drone), under a small class hexacopter RPAS UAS with a “proper design, material, specification, construction, and performance for safe operation.” The drone market in India is poised for significant growth, with estimates indicating that it could reach nearly 2.5 trillion Indian rupees by 2030. As a well-established player in this burgeoning market, AITMC Ventures Ltd. is strategically positioned to become one of the industry leaders. According to him, The VIRAJ Drone has all the latest features like endurance, stability & performance.

 Deep Sihag Sisai, Founder and Managing Director of AITMC Ventures Ltd. (AVPL International), expressed his delight at this achievement, “Receiving this certification is a testament to our commitment to safety and quality. It will undoubtedly boost our scalability and penetration in the market. This certification is not just a recognition of our product’s quality, but it also serves as a stepping stone towards achieving our ambitious sales target of 5,000 drones in the fiscal year 2024-25. We believe that with this certification, we are well-positioned to become a leader in the drone market in India.”

The company plans to achieve this target through cross channel sales of their existing network across 12 states and 70+ Training institutes across India. We have inaugurated 20 COE, s for Drones with Foundation of 46 centres in December 2023.

Deep added that, “We are delighted to share till 15th May 35 locations in total got operational with Drone Servicing, Agriculture & Drone training facilities and rest 31 Locations will be operationalised before 30th September 2024. In futures these Drone Center of excellences will be known as World Skill and Incubation Hubs (WISH) and Global Skill and Incubation Hub (GSIH).”

Preet Sandhu, Co-founder and Executive Director, AITMC Ventures Ltd. (AVPL International), spoke about the company’s Drone Entrepreneur Programmes. “Our Drone Entrepreneur Programmes are designed to empower individuals with the skills and knowledge to operate our drones effectively. We believe this initiative will significantly contribute to our sales target.”

VIRAJ UAS drones are designed for various applications, including seed broadcasting, agrochemical spraying, and remote pilot training. These applications demonstrate the versatility of the company’s drones and their potential to revolutionise various sectors, particularly agriculture.

Preet Sandhuu also shared that their Drone Production unit in Gurgaon will be inaugurated within week with Type certification submission of next version of VIRAJ 2.0 Medium category Agriculture Drone with Co Axial feature First time in India.

Himanshu Sharma, CEO of AITMC Ventures Ltd., shared his thoughts on the company’s growth strategy, “Our presence in 12 states not only allows us to reach a wider audience but also provides an opportunity for customers to learn about our diverse course offerings. From Remote Pilot Certification Course to Agriculture Drone Spraying Course, we offer a range of courses that equip our customers with the necessary skills to operate our drones effectively”. He shared that we already have Submitted Type certification for our training and Photographic drone as well, soon all of our training centres will be equipped with our own training drones.”

The company plans to achieve the target