Connect with:
Sunday / December 22. 2024

logo
mobile-logo
Home2024July (Page 5)
Agribusiness, Agrotech, Company News, Digital Technologies, India

Sage leverages Google Kubernetes Engine (GKE) services to scale its operations in real-time as demand increases, processing massive volumes of data.

Bengaluru based Cropin Technology, the world’s most advanced AI Platform for Food and Agriculture, today announced the launch of Sage, the planet’s first real-time agri-intelligence solution powered by Google Gemini. Cropin Sage converts the world’s agricultural landscape into a proprietary grid-based map with options of 3×3 meters, 10×10 meters, or 5×5 kilometers, delivering data and intelligence with unprecedented scale, accuracy and speed. This enables CPG players, seed manufacturers, food processors, multilateral organizations, financial institutions and governments to make informed decisions based on historical, present, and future data on cultivation practices, crop, irrigation, climate, and soil. Sage enables the Cropin Cloud platform to help agri-food businesses future-proof their production and supply chains.

This innovation from Cropin fuses state-of-the-art technologies such as Generative AI, multi-layered global climate data, a global crop knowledge graph, earth observation data and advanced crop models. This synergy aims to unlock the untapped potential of crop production planning, marking a significant advancement in precision and sustainable agriculture. Beyond analysing historical data on agriculture, crops, and weather patterns, Sage leverages advanced AI tools to forecast future yields. This translates to pinpointing the ideal locations and favourable conditions for growing crops on a global map, helping to build a robust and resilient food system – a previously unimaginable feat. At launch, Cropin’s enterprise customers can deploy Sage across geographic locations, providing intelligence on 13 key crops, including wheat, rice, potato, and maize, which collectively cover almost 80% of the world’s food demand. Cropin plans to build and deploy Sage globally in a phased approach, aligned with enterprise customer requirements and demand.

Google’s Technical Prowess Meets Cropin’s AI-Powered Agri-Intelligence

Cropin Sage is a visually rich and intuitive agriculture data intelligence platform built on Google Cloud. Building and managing such a platform to support global scale is a significant challenge, given that agricultural land spans 4.8 billion hectares worldwide. This vast area is influenced by numerous factors, including weather conditions, soil quality, water availability, socio-political developments, and farmer conditions. Creating a digital twin of all these factors is incredibly complex, contributing to the slower digitization of agriculture compared to other sectors. Over the past decade, Cropin has been developing its global crop knowledge graph to handle these complex datasets effectively.

Sage leverages Google Kubernetes Engine (GKE) services to scale its operations in real-time as demand increases, processing massive volumes of data. On top of GKE, Cropin Sage also uses the Gemini Flash 1.5 model to convert user queries to SQL queries, which allows Sage to generate user-friendly, grid-based data in a visually appealing platform. The data is processed by Sage into different grid sizes and aggregated at different temporal frequencies, including yearly, seasonal, monthly, weekly, and daily, based on customer requirements.

“Cropin Sage redefines the landscape of agricultural intelligence, becoming an indispensable tool for navigating uncertainty and championing climate-smart agriculture. By ‘gridifying’ land parcels with proprietary algorithms and integrating layered insights, Sage forecasts crop futures using historical data and the impacts of changing climate and weather on an unprecedented scale. This empowers informed decision-making, securing both business interests and the global food supply chain. Sage is a testament to Cropin’s relentless dedication to transforming global food systems with state-of-the-art AI solutions,” said Krishna Kumar, Founder and CEO of Cropin.

Sage leverages Google Kubernetes Engine (GKE) services

AgroPolicy, India, Pulses

 It also pointed the diverging trends between wholesale mandi prices and retail prices, which seems to suggest that retailers are deriving higher profit margin.

The Department of Consumer Affairs organised a meeting with Retailers Association of India (RAI) here today to discuss the price scenario in respect of pulses and compliance to the stock limits for Tur and Chana prescribed in the Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (First and Second Amendments) Order, 2024 dated 21.06.2024 and 11.07.2024. The meeting was chaired by Nidhi Khare, Secretary, Department of Consumer Affairs, Government of India. RAI has 2300+ members and has about 6,00,000 + outlets in the country.

The Secretary, informed that prices of Chana, Tur and Urad in major mandis had declined by up to 4% in past one month, but retails prices have not seen similar decline. She pointed out the diverging trends between wholesale mandi prices and retail prices, which seems to suggest that retailers are deriving higher profit margin.

She also pointed out that sowing progress for Kharif pulses are robust. The Government has undertaken numerous efforts in facilitating enhanced production of Tur and Urad in major Kharif pulses producing States, including distribution of good quality seeds to farmers through NAFED and NCCF and the Department of Agriculture is in continuous engagement with the State Agriculture Departments to provide all necessary support.

Considering the current price scenario and Kharif outlook, Secretary asked retail industry to extend all possible support to the Government in its efforts to keep prices of dals affordable to the consumers. She informed that stock positions of all stockholding entities, including that of big chain retailers are being closely monitored to ensure that the prescribed limits are not breached. Breach of stock limits, unscrupulous speculation and profiteering on the part of market players would invite stern actions from the Government.

Retail industry participants assured that they would make necessary adjustments in their retail margins and maintain at nominal level to ensure availability of prices at affordable prices to the consumers.

The meeting was attended by representatives of RAI, Reliance Retail, D Mart, Tata Stores, Spencer’s, RSPG, V Mart among others.

 It also pointed the diverging trends between

Agribusiness, Agrotech, Company News, Drones, India

 Agribot MX Drone provides Real-time data transmission to the cloud accessible through an intuitive dashboard on computer or AGRINET app on mobile phone.

IoTechWorld, a leader in agricultural drone technology, unveiled its latest innovation, the Agribot MX drone at the 22nd CODISSIA Agri Intex, Coimbatore, Tamil Nadu. The company is thrilled to unveil its latest innovation which is specifically designed for the southern states of India and for progressive farmers’ advanced spraying requirements.

With this launch, IoTechWorld is planning to expand its footprint in southern states and is actively seeking channel partners to enhance distribution and service capabilities across the region.

As India’s number one agricultural drone, Agribot represents the pinnacle of advanced farming technology, aimed at revolutionizing the agriculture sector with advanced solutions that enhance productivity and sustainability. Visitors will have the exclusive opportunity to witness the Agribot MX drone, including the AGRIBOT A6 and the DRISHTI surveillance drone. The Agribot MX drone features cutting-edge technologies including Radar based ADAS (Advanced Drone Assistance Systems- drone detects obstruction and reroutes automatically) and Terrain Following capabilities, offers Real-time data transmission to the cloud accessible through an intuitive dashboard on computer or AGRINET app on mobile phone, powered by a high-quality Lithium-Ion battery with 25200 mAh which helps in spraying on 3 acres per charge and has life of more than 500 cycles.

Speaking on the participation Deepak Bharadwaj, Co-Founder & Director said “Our continuous innovation is our testament to providing advanced agricultural technology in India. We are committed to bringing advancement in the Indian Agri Sector. We have developed many spray service partners who are earning more than Rs.10lakh per year using our drones. We are proud to say that AGRIBOT is a machine that delivers value to Agri Entrepreneurs, Farmers, and society also. This launch not only underscores our commitment to revolutionizing farming practices but also signals our strategic expansion into southern states.

IoTechWorld is committed to advancing agricultural technology in India, said Anup Upadhyay, Co-Founder & Director at IoTechWorld. “Today marks a significant leap forward for IoTechWorld as we unveil the Agribot MX, our latest innovation in agricultural drone technology. We are proud to manufacture all our drone components in India, aligning with the Make in India initiative and contributing to the country’s technological self-reliance”. We are excited to bring our cutting-edge solutions closer to farmers, empowering them with advanced tools tailored to enhance productivity and sustainability in agriculture”

In addition to showcasing its drone fleet, IoTechWorld will highlight the indigenously manufactured components of its drones, proudly supporting the Make in India initiative. This commitment to domestic manufacturing not only strengthens the local economy but also ensures the highest standards of quality and innovation in drone technology.

 Agribot MX Drone provides Real-time data transmission

Agribusiness, Company News, Speciality Chemicals, Trade, World

Envu will purchase the GSS business for a purchase price of $350 million, subject to closing working capital adjustment.

FMC Corporation, a leading global agricultural sciences company, announced it has signed a definitive agreement to sell its Global Specialty Solutions (GSS) business to Environmental Science US, LLC, known as Envu, an environmental science company providing innovations that protect and enhance the health of environments around the world. Envu will purchase the GSS business for a purchase price of $350 million, subject to closing working capital adjustment.

In November 2023, FMC announced plans to explore strategic options for GSS, which includes a line of products that serve a diverse mix of non-crop markets such as golf courses, professional sports stadiums and pest control. As FMC concentrates on innovating products and services for the global crop protection market, GSS no longer has a clear, strategic role in the company’s mid- or longer-term goals.

“Global Specialty Solutions is a profitable business with a strong history of growth. We believe this agreement with Envu will provide the attention and resources it needs to continue thriving,” said Pierre Brondeau, FMC Chairman and CEO. “With this divestment, FMC can focus solely on its core business.”

Envu, which was acquired by international private equity firm Cinven in 2022, is solely dedicated to the environmental science sector and sees GSS as an opportunity to support its growth strategy while continuing to deliver powerful innovations for customers in professional pest management, turf & ornamentals and more.

“As a focused company that is dedicated to delivering forward-thinking solutions for our customers, we are excited by the prospect of joining forces with the GSS business,” said Gilles Galliou, Envu CEO. “We see significant synergies and potential for accelerated innovation from the combination. In addition, as the successful outcome of a carveout transaction ourselves, we believe we are the ideal partner to help GSS through this transition and maximize our collective potential.”

Marco Strizzi, Senior Principal at Cinven, added: “We are delighted to bring together two highly respected, complementary businesses with a shared focus on delivering seamless customer service and product innovation in the attractive environmental science market. We see FMC GSS as a compelling addition to Envu strategically and financially and look forward to continuing to support the combined business’ strong growth trajectory.”

The transaction is expected to close by year-end 2024, subject to regulatory approval and other customary closing conditions. FMC intends to allocate all proceeds from the sale to debt reduction.

BofA Securities acted as financial adviser and McCarter & English was legal adviser to FMC, while Barclays acted as financial adviser and Baker McKenzie was legal adviser to Envu for the transaction. Further terms and conditions of the agreement were not disclosed.

Envu will purchase the GSS business for

Agribusiness, Agrotech, Collaborations, Horticulture, India, Start ups, Sustainability

Project Unnati will collaborate closely with Krishi Vigyan Kendra (KVK), the Mango Board, the Indian Institute of Horticultural Research (IIHR), and various horticulture departments across different districts.

Coca-Cola India, in collaboration with Gram Unnati, is excited to announce the launch of “Project Mango Unnati,” with an aim to revolutionise sustainable mango cultivation initiative, focusing on the Alphonso and Totapuri varieties in Karnataka. Project Unnati will collaborate closely with state horticulture agencies such as Krishi Vigyan Kendra (KVK), the Mango Board, the Indian Institute of Horticultural Research (IIHR), and various horticulture departments across different districts.

Project Mango Unnati will promote ‘Sustainable Agricultural Practices’ to enhance mango yields and farmer incomes by improving the quality, size, and shelf life of the fruit. This would help farmers achieve better market prices. The project will also demonstrate and facilitate the adoption of rejuvenation techniques for old and senile orchards and high-density plantation (HDP) practices.

Project Mango Unnati will also emphasise on sustainable agriculture through micro irrigation, integrated pest management (IPM), and water conservation techniques such as mulching and rainwater harvesting. Through this initiative farmers will receive training in safe and modern agricultural practices to ensure sustainable farming.

The project will provide crop advisory services, including climate forecasting and crop alert systems, to equip farmers with climate-smart techniques besides enhancing the traceability and sustainability of the crop that will help farmers achieve better returns for their produce. Special training modules have been designed to empower female farmers, promoting gender equality in the agricultural sector.

Commenting on the launch of the project, Aneesh Jain, CEO and Founder, Gram Unnati, said, “Gram Unnati is proud to partner with Coca-Cola India on this transformative project that underscores our commitment to sustainable agriculture and farmer empowerment. By adopting modern practices and focusing on quality, we aim to significantly enhance the livelihoods of mango farmers in Karnataka. Together, we will drive sustainable growth and innovation in mango farming, benefiting farmers and the environment alike.”

“Farmers are the backbone of India’s horticulture system. With Project Mango Unnati, we aim to elevate the livelihoods of these farmers with advanced horticulture solutions, empowering them to significantly increase their incomes. This aligns with the Government of India’s vision for Atma Nirbhar Bharat, making the agrarian economy self-reliant”, said, Rajesh Ayapilla, Senior Director- CSR and Sustainability for Coca-Cola India and Southwest Asia.

Project Unnati will collaborate closely with Krishi

Agbiologicals, Agrotech, Company News, World

Partnership will introduce naturally occurring endophytes to key agricultural markets

Syngenta Biologicals, a leader in cutting-edge agricultural biological solutions and Intrinsyx Bio, a Silicon Valley biotech company that promotes sustainable agriculture, announced a collaboration to bring a novel biological solution to agricultural markets globally.

The collaboration will boost farmers’ access to a custom selection of Intrinsyx Bio’s proprietary endophyte formulations. Endophytes – small microorganisms that colonize in plants – fix atmospheric nitrogen directly into the plant, increasing the availability and uptake of key nutrients such as phosphorus and micronutrients that are important for plant health. This reduces the need for synthetic fertilizers, offering farmers greater flexibility in their nutrient management strategies while lowering the environmental impact of farming. Formulations will be offered as seed treatment and foliar application in key agricultural crops.

“This collaboration reflects Syngenta’s commitment to transforming the future of agriculture, with innovations that improve the sustainability of farming,” said Jonathan Brown, Global Head of Syngenta Biologicals and Seedcare. “We’re particularly excited to offer a broad range of formulations that will help farmers take the care of young plants to the next level, while protecting the health of their soil.”

“This agreement represents another opportunity to expand the reach of our ‘biology that works.’ Partnering with Syngenta allows farmers around the world to benefit from endophytes proven mode of action and extensive field testing that improves nutrient use efficiency and increases crop yields,” said Greg Thompson, CEO of Intrinsyx Bio.

Syngenta has been investing significantly in strengthening its portfolio of biological solutions for both plant and seed health. Since its acquisition of Valagro in 2020, it has continued to invest heavily in research and development, while expanding its portfolio of cutting-edge biological solutions through various commercial and research collaborations. These efforts also reflect Syngenta’s commitment to helping agriculture achieve higher yields with lower environmental impact – a core pillar of Syngenta Group’s Sustainability Priorities.

Partnership will introduce naturally occurring endophytes to

Agribusiness, Agro Universities, Collaborations, R&D, Seeds, World

The collaboration will focus on the development of high performing seed varieties and farming techniques adapted for the unique growing conditions of the Upper Midwest.

Cargill and the Forever Green Initiative, a research platform in the College of Food, Agricultural and Natural Resource Sciences at the University of Minnesota, are partnering to study winter camelina and domesticated pennycress.  The collaboration will focus on the development of high performing seed varieties and farming techniques adapted for the unique growing conditions of the Upper Midwest.

Cargill will bring expertise in crop improvement—including trait discovery, high throughput genotyping, genomic selection, trait development and cellular biology—to rapidly advance the diverse genetics from the University of Minnesota.  The application of these technologies will accelerate the development and commercial release of improved varieties of camelina and pennycress.

The project builds on a previously announced $2.5 million philanthropic grant awarded to the University from Cargill to accelerate research into crop biology and management.

“This support from Cargill will take our breeding and genomics work to the next level and help us develop even better varieties of camelina and pennycress for farmers in Minnesota and beyond,” said Mitch Hunter, associate director of the Forever Green Initiative. “We are incredibly grateful to Cargill for this very generous research partnership.”

Planted in the fall and harvested in the spring, winter camelina and domesticated pennycress are typically grown as intermediate oilseed crops that provide soil cover and have the potential to address key sustainability challenges in agricultural supply chains including water quality, soil health and ecosystem improvements. The crops can be used in a rotation with corn and soy or after small seed crops like wheat.

Given the high oil content of these crops, there is an emerging revenue opportunity to grow winter camelina and pennycress as cash crops, driven by rising demand for low-carbon intensity feedstocks. The seed oil can be refined into drop-in replacements for low-carbon transportation fuels such as sustainable aviation fuel and renewable diesel.

“Innovations in agriculture are critical to help feed and fuel the world sustainably while also addressing climate change,” said Lyle DePauw, crop innovation director for Cargill. “Cargill has a long history of partnering with the University of Minnesota and working alongside farmers to advance new market opportunities.  Winter camelina and pennycress have incredible potential to aid in the decarbonization of the global transportation system and support a more sustainable food system.”

Active pilots of camelina in process

Cargill is actively working with a small number of farmers in Minnesota and North Dakota to learn more about suitable growing conditions for camelina, with the first harvest wrapping up this month. There will be additional opportunities for farmers to explore winter camelina as an option for their operations starting August 1, as Cargill expands its pilot.

Minnesota farmers who participate in Cargill’s pilot program may be eligible for support through a Forever Green program called Environmental and Economic Clusters of Opportunity (EECO), which is funded by the Clean Water Council with support from the Minnesota Department of Agriculture. The EECO Program provides agronomic support, environmental benefit payments, and risk management payments to farmers who grow winter camelina. Interested farmers can learn more and enroll at z.umn.edu/EnrollEECO.

The collaboration will focus on the development

Acquaculture, AgroPolicy, Finance, India, Schemes - Govt

Department of Fisheries provides financial assistance for formation of 2195 FFPOs under PMMSY and around 95 FFPOs on board on ONDC network.

With an aim to hold strategic discussions with States/UTs to deliberate on the progress and way forward for the development of the fisheries sector, Department of Fisheries, Government of India organised the ‘Fisheries Summer Meet 2024’ at Madurai, Tamil Nadu. A total of 321 impactful projects under Pradhan Mantri Matsya Sampada Yojana (PMMSY) with an outlay of Rs.114 Crore, covering 19 State/UTs were virtually inaugurated by Union Minister for Fisheries, Animal Husbandry & Dairying and Panchayati Raj Shri Rajeev Ranjan Singh alias Lalan Singh.

The union minister inaugurated an exhibition that showcased various aquaculture technologies such as RAS, BioFloc, technologies used for ornamental fisheries, pearl cultivation etc. Rajiv Ranjan Singh also distributed KCC, presented PMMSY achievement award letters to beneficiaries and felicitated FFPOs onboarded on Open Network Digital Commerce (ONDC). He also interacted with the entrepreneurs and scientists during the walkthrough of the exhibition.

Department of Fisheries (GoI) has provided financial assistance for formation of 2195 FFPOs under PMMSY and around 95 FFPOs have been onboarded on the ONDC network. This collaboration with ONDC has served numerous benefits for the FFPOs like reduced transaction costs, increased market reach, improved transparency, increased competition & competitiveness, innovation, employment generation etc. Six participants onboarded onto the ONDC network, namely, Gorakhpur Kissan Producer Company Limited, District Gorakhpur, Uttar Pradesh, Kapsi Fishery Farmer Producer Company Ltd., District Kanker, Chhattisgarh, Banmankhi Fish Farmer Company Limited, District, Purnia, Bihar, Bastarpearl Fish Farmer Producer Company Limited, Bastar, Chhattisgarh, Lari Fish Producer Company Ltd., District Deoria, Uttar Pradesh and Kondapaka Fisheries Producer Company Limited, District Siddipet, Telangana were felicitated for their contribution in the growth of the Fisheries sector during the event.

Union Minister Rajiv Ranjan Singh also distributed KCC certificates and PMMSY sanction orders to the beneficiaries. The recipient beneficiaries for ornamental fisheries units included Yogeshwari W/o. Kathiresh Kumar, Ms Suguna W/o. Muthu Pandi, Ms Sindhu W/o. Sudhakar, Ms Kalaiyarasi W/o. Sakthivel and Ms Pachaiyammal W/o. Mathialagan.

Department of Fisheries provides financial assistance for

Agribusiness, Agro Universities, Company News, India, Sustainability

 The collaboration aims to enhance training and capacity-building programs for farmers and rural youth, focusing on climate-resilient agriculture practices and agricultural skill training.

In their concerted stride towards mitigating the effects of climate change, the Indian Council of Agricultural Research (ICAR), Syngenta Foundation India (SFI), and Syngenta India Pvt. Ltd. have signed a significant Memorandum of Understanding (MoU) on the Foundation Day of ICAR. The collaboration aims to enhance training and capacity-building programs for farmers and rural youth, focusing on climate-resilient agriculture practices and agricultural skill training through ICAR’s extensive network of National Research Institutes, Regional Stations, Krishi Vigyan Kendras (KVKs), and Agricultural Universities.

Under this agreement, ICAR institutes and KVKs will actively participate in training programs organized by SFI and Syngenta India and vice versa. The KVKs would extend these learnings to a wider farmers’ base through their extensive network. The collaboration will focus on capacity building and extension activities, including the adoption of climate-resilient agriculture practices, safe and proper use of crop protection chemicals, and the use of precision agriculture tools such as drones, IT, IoT, and AI-based techniques.

Dr Himanshu Pathak, Director General, ICAR, said, “This partnership is a major milestone in our efforts to equip farmers and rural youth with the necessary skills and knowledge for sustainable and climate-resilient agriculture. By leveraging the strengths of ICAR, Syngenta Foundation, and Syngenta India, we can reach the grassroots level and make a substantial impact.”

In fact, the objectives of this MoU align with Syngenta’s new sustainability commitments, which focus on: Higher yields, lower impact; Regenerate soil and nature; Improve rural prosperity; and Sustainable operations. Syngenta India has been working extensively on climate-resilient practices including soil health, regenerative agriculture, precision farming and possesses in-built capacities to extend the knowledge through the network of Agri Entrepreneurs along with SFI.

Susheel Kumar, Country Head and MD, Syngenta India Pvt. Ltd., highlighted the importance of this collaboration, saying, “Our quality R&D, climate-resilient practices and many decades of experience of working with farmers enable us to contribute significantly to this collaboration. Having worked with farmers and rural youth through a series of innovative programs, we consider this as yet another decisive step forward in enhancing the quality of life for smallholder farmers and rural youth and contribute to our efforts at mitigating the challenges of climate change.”

Dr K C Ravi, Chief Sustainability Officer, Syngenta India Pvt Ltd highlighted how this MoU was also in sync with Syngenta’s unique I Rise (Inculcate Rural India Skill Enhancement) initiative, designed to engage rural youth in agriculture and provide them appropriate skills and help them to explore dignified and sustainable income earning opportunities in agriculture sector. This program was initiated with the pilot project in 2023 to train 1000 rural youth in 3Es approach i.e., Educate youth in agriculture through the training and mentoring program, engage them in Agri sector through employment, entrepreneurship, or by becoming a lead farmer and elevate their livelihood income.

Rajendra Jog, Executive Director, Syngenta Foundation India, highlighted the collaboration’s potential, stating, “Over the years, we have developed a huge network of agri-entrepreneurs (AEs) who are trained in modern agriculture practices and extend their knowledge and knowhow to millions of farmers across the country. Our partnership with ICAR and KVKs will enable us to leverage our network of AEs to extend comprehensive training to many more farmers and rural youth.”

The partnership also aims to promote efficient agronomic practices, support KVKs, agri-entrepreneurs, dealers, distributors, and farmers through awareness and education programs, and enhance mechanization solutions in selected clusters. The parties will explore the use of AI and ML techniques to provide expert advisory services to farmers, helping them optimize input usage and reduce costs.

 The collaboration aims to enhance training and

Agribusiness, AgroPolicy

To facilitate the widespread adoption of technology, the budget should also incentivise the private sector participation in building a robust agricultural innovation ecosystem.

The Union Budget 2024-25 is on the horizon, and with it comes a wave of anticipation for allocations and reforms from India’s agrarian community. There are numerous existing schemes for agriculture sector, but their efficiency needs to improve. Agri industry is looking forward to positive changes in policy and financial support for R& D in agri- technology in upcoming budget.

Raju Kapoor, Director, Industry & Public Affairs, FMC India shared his views on upcoming Union budget which will be presented in parliament on July 23.

“The agricultural sector which is the backbone of the Indian economy has been through a challenging year. With monsoon playing truant, agricultural growth has diminished from 4.7 per cent last year to 1.4 per cent, which further added to the rural distress. This budget presents a crucial opportunity to address these concerns and propel the sector towards a brighter future. The government must prioritise agriculture and rural India, focusing on making farmers more resilient while simultaneously mitigating food inflation that disproportionately affects society’s underprivileged segments.

Firstly, the budget must acknowledge the stark reality of food inflation, aggravated by stock restrictions on essential commodities such as pulses, wheat, and rice. This disproportionately affects the most vulnerable sections of society, demanding immediate attention. Similarly, the import dependence on pulses and oilseeds, the government’s commitment to providing free rations under the Annapurna Yojana, and climate change further necessitate a robust domestic production system supported by developing an innovation ecosystem.

The government should prioritise R&D investments aligned with national priorities, focusing on developing climate-resilient crop varieties, microbial products, and sustainable farming practices. To facilitate the widespread adoption of technology, the budget should also incentivize the private sector participation in building a robust agricultural innovation ecosystem. Tax incentives for R&D investments by the private sector can encourage the development and integration of cutting-edge technologies. Furthermore, GST on agricultural inputs, such as agrochemicals, should be brought under the GST Council’s purview and potentially lowered to 12% maximum to ease the financial burden on farmers.

The Kisan Samridhi Yojana should be strengthened to empower farmers with greater financial support and its utilization at farmers’ hands should be linked to the use of advanced agricultural inputs. Kisan Samruddhi coupons that could be used to purchase agricultural inputs would enhance productivity. This will ensure timely access to essential resources and subsequent financial support to the farmers. We expect that the budget should have adequate resources for capacity-building initiatives, and should incentivize the investments by private companies to train farmer groups, particularly women, creating awareness and adoption of modern growing practices.  Easy access to adequate and affordable credit will further empower farmers to be able to adopt these technologies and enhance their livelihoods.

Extending the PLI scheme for production and export of latest innovation crop protection chemicals in India will provide long term dividend to India. Similarly, aligned to the theme of making India the Global Drone Hub, expanding the PLI scheme for building the agri-drone component manufacturing ecosystem will go a long way.      

In a nutshell, we envisage that this budget is focused on agriculture, which will further lay the foundation for a strong, sustainable, and prosperous future for Indian farmers and the nation.”

To facilitate the widespread adoption of technology,

AgroPolicy, India, Logistics, Supply Chain, Transportation

Docking of MV San Fernando ship, with a capacity of 9000 TEUs marks India’s foray into Next Gen World Class Port Infrastructure.

The Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal received the first Mother Ship ‘MV San Fernando’ marking the beginning of operation at India’s First deep water container transhipment port in Vizhinjam, Kerala. The ship, with a capacity upto 9000 TEUs, docks at India’s first automated port which is equipped with state of the art that offers large scale automation for quick turnaround of vessels including capacity to handle megamax containerships. The Chief Minister of Kerala, Pinari Vijayan was also present on the occasion.

Speaking on the occasion, Sonowal said, “Today is a historic day for the maritime sector of India as the maiden mothership docks at Vizhinjam, India’s first truly deep-water International Container Transhipment terminal. This is the testament of the vision of ‘Make in India’ where a PPP collaboration among Govt. of Kerala, Govt. of India as well as the Adani Port SEZ has created a wonderful asset for growth of India’s maritime sector. Under the visionary leadership of Prime Minister Shri Narendra Modi ji, India is equipping and enabling entrepreneurial ventures and collaborating as and when required to build capacity for the cause of nation building. This wonderful achievement marks the beginning of a new era in the ports sector of the country.  We are working towards execution of Mega Port Projects including All Weather Deep Draft Port at Vadhavan in Maharashtra and International Container Transhipment Terminal (ICTT) at Galathea Bay in a mission mode.”

Vizhinjam Port is a strategic maritime project near Thiruvananthapuram in Kerala. This is the first Greenfield port project in India, initiated by a state Government with an investment exceeding ₹18,000 crores. Developed under the Public Private Partnership (PPP) mode, it stands as one of the largest initiatives in the country’s port sector. Vizhinjam’s strategic location near international shipping routes significantly reduces transit times for vessels, making it a pivotal point for maritime trade. As one of India’s few natural deep-water ports, it can efficiently accommodate large cargo and container ships.

The development of the Vizhinjam International Seaport is poised to boost Kerala’s economic growth by creating jobs, enhancing trade, and attracting investments. Ongoing infrastructure projects aim to equip the port with state-of-the-art facilities, including modern container terminals, warehouses, and logistics parks. Vizhinjam is set to become a key player in regional trade, potentially serving as a gateway for commerce between Southeast Asia, the Middle East, and Africa.

Docking of MV San Fernando ship, with

AgroPolicy, Finance, India, Schemes - NABARD, Start ups

Under this Blended Capital Fund, an equal contribution of Rs 250 crores each will be provided by the Department of Agriculture and Farmers Welfare and NABARD

The Government is poised to launch the ‘Agri Fund for Start-Ups & Rural Enterprises’ (AgriSURE) to support start-ups and agripreneurs through investments in sector-specific, sector-agnostic, and debt Alternative Investment Funds (AIFs), as well as direct equity support to start-ups working in Agriculture and allied sectors This initiative aims to foster innovation and sustainability in India’s agricultural sector through the establishment of a Rs 750 crore Category-II Alternative Investment Fund (AIF). The fund will offer both equity and debt support, specifically targeting high-risk, high- impact activities in the agriculture value chain.

The announcement was made at the Pre-Launch Stakeholder meet held at NABARD Headquarters in Mumbai. The event was attended by key stakeholders, including financial institutions, investors, AIF managers, and agri-startups. Distinguished guests included Ajeet Kumar Sahu, Joint Secretary, DA&FW; Shaji K.V., Chairman, NABARD; Govardhan Singh Rawat, DMD, NABARD; and Dr Ajay Kumar Sood, DMD, NABARD.

In his address, Ajeet Kumar Sahu highlighted the fund’s potential to create an ecosystem that enhances financing for the agriculture sector through innovative approaches, benefiting small and marginal farmers. Shri Shaji K.V. emphasized the need for public and private sector collaboration to drive the next level of growth in agriculture through technological innovations.

While explaining the features of the fund CEO NABVENTURES briefed that the fund will be set up with an initial corpus of ₹750 Crore with 250 crores each from NABARD and the Ministry of Agriculture, and 250 crores from other institutions. The fund will focus on innovation in agriculture, enhancing the farm produce value chain, creating rural infrastructure, generating employment, and supporting Farmers Producer Organizations (FPOs). The fund will also encourage IT-based solutions and machinery rental services for farmers. NABVENTURES, a wholly owned subsidiary of NABARD, will be the Fund manager of AgriSURE. The fund is designed to operate for 10 years, extendable by two or more years.

Underscoring its commitment to fostering innovation, NABARD also launched the AgriSURE Greenathon 2024. The hackathon aims to address three key problem statements: “Smart Agriculture on a Budget,” which tackles the high cost of advanced agriculture technologies that hinder small and marginal farmers; “Turning Agri-Waste into Profitable Business Opportunities,” focusing on transforming agricultural waste into profitable ventures; and “Tech Solutions Making Regenerative Agriculture Remunerative,” which aims to overcome economic hurdles in adopting regenerative agriculture practices.

NABARD called upon participation from young innovative minds to contribute to the journey of our country towards ‘Viksit Bharat’ with their innovative solutions to alleviate the flailing issues of the agriculture.

Under this Blended Capital Fund, an equal

Agribusiness, Agrotech, Company News, Digital Technologies, North America

Through this online resource, growers can make informed decisions about their fungicide applications by using the disease ID guide and accessing local trial information.

Syngenta announced its newest online resource for all things disease management and planning is now available on www.BoostYourBushels.com. This latest website update will enable users to discover a variety of tools that can help them make the most educated decisions for improving the overall health of their corn, soybean and wheat crops.

One of the newest additions is the disease ID guide. Users can browse this guide to not only identify the diseases present in their fields but to also understand which may be prevalent in their region. The guide provides information that discusses the signs, symptoms and potential solutions for diseases to help with scouting and management.

“It really is a one-stop spot for everything growers may need to learn about a disease and their fungicide applications for the year,” said Logan Romines, Syngenta fungicide product lead. “They can see what diseases are of concern in their area, as well as the identifying factors of those diseases. If they aren’t quite positive about which disease they’re seeing, the guide can help them confirm what the disease is and what steps to take to protect their yield.”

The disease ID guide isn’t the only new resource on the updated website. Users also have access to a catalog of local Cleaner & Greener* fungicide trial results and a calculator to compare their potential fungicide return on investment.

“Every growing season comes with a multitude of unpredictable challenges, but understanding which fungicide works best in your field helps protect your bottom line,” says Tyler Harp, Ph.D., Syngenta fungicide technical product lead. “By tapping into our online tools, you can see the benefits of using specific Cleaner & Greener fungicides, * which contain exclusive Adepidyn® and Solatenol® technologies and calculate how those benefits will create results at the end of the season for a more confident decision.”

Through this online resource, growers can make

Agribusiness, Agro chems – Chemicals, Company News, Europe

Production of glufosinate-ammonium (GA) at Knapsack and Frankfurt sites expected to stop by 2024/2025.

BASF plans to cease production of the active ingredient glufosinate-ammonium (GA) at the Knapsack and Frankfurt sites in Germany by the end of 2024 due to economic reasons. The GA formulation in Frankfurt will end in 2025. Subsequently, both production facilities will be shut down. Glufosinate-ammonium remains a key component of BASF’s global herbicide portfolio.

BASF’s GA production is increasingly affected by rising competition from generic manufacturers, alternative technologies as well as high energy and raw material costs. Despite both production facilities achieving cost reductions, BASF’s volume and profitability development is insufficient. BASF is therefore restructuring its production network and will source the active ingredient from third-party suppliers in the future. In doing so, the company is securing its long-term competitiveness and profitability in the GA market.

All jobs (approximately 300) will be retained until the end of 2025, and then gradually reduced in consultation with employee representatives. The company will work closely with the employees to assist in finding future employment opportunities.

“We deeply regret having to discontinue production at the two sites despite the high commitment of our employees over the past years,” said Michael Heinz, Member of the Board of Executive Directors at BASF. “We remain committed to providing our customers with top-quality GA solutions. At the same time, we will continue to focus on the development of next-generation GA solutions that achieve the same results with significantly lower application rates, benefiting farmers in the Americas and Asia.”

The active ingredient glufosinate-ammonium is one of the most widely used broad-spectrum herbicides and controls weeds in a vatiety of crops worldwide.

Production of glufosinate-ammonium (GA) at Knapsack and