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Agribusiness

Agribusiness sector is likely to witness transformative changes that enhance overall productivity and competitiveness

Anuja Kadian, Asia Pacific Government Affairs Director, Corteva Agriscience shares her views on emerging trends in agri industry in 2024 with AgroSpectrum. What are the future developments in technology that…

Aarti Industries inks supply contract of agrochemical intermediate with a global agrochemical company

The contract offers the company a revenue potential of approximately over Rs 3,000 crores over a period of 9 years, with the contract supplies commencing from current fiscal year. Aarti…

IPL Biologicals inks MoU with Gujarat Govt to set up Rs 400 Cr agro-biological production facility

The development and operational commencement of agro-biological production facility is scheduled for mid-2025. IPL Biologicals signed a Memorandum of Understanding (MoU) with the Gujarat government for setting up a Rs…

IIL to start Greenfield Animal Vaccine Manufacturing facility in Hyderabad

With an investment of approximately Rs 700 crores the proposed facility is expected to create more than 750 direct and indirect jobs. Indian Immunologicals Limited (IIL), one of India’s leading…

Insurance platform Finhaat raises $3M from Omnivore to drive financial resilience

The startup is building a B2B insurance distribution and servicing platform for institutions working with the underserved, including NBFCs, MFIs, BC networks, Nidhi companies, cooperatives, NGOs, and FPOs. Finhaat, an…

Sonalika Tractors achieves Market Share of 16.3 % in November’23

This marked a substantial growth of 23 per cent compared to the same period in the previous year, where 10,464 tractors were sold. India’s leading tractor manufacturer, Sonalika Tractors has…

Japan based Sumitomo Chemical to set up new agrochemical plant in India

The new plant will be the company’s third Indian facility for active ingredients in agrochemicals.  Tokyo-based agrochemical manufacturer, Sumitomo Chemical plans to develop its new agrochemical plant in the western…

Vegrow secures $46 Mn in Series C funding, led by GIC and Prosus Ventures

The funds will be utilised to drive Vegrow’s reach across India and fortify its global network. Vegrow, a B2B fruit marketplace, has raised $46 million in primary and secondary funding.…

Rivulis amends US$250 Mn financing package into its first Sustainability Linked Loan

The SLL reflects the company’s ongoing commitment to sustainability and responsible business practices and includes key annual sustainability performance targets. Singapore based Rivulis Pte. Ltd. announced that it has amended…

South Korea launches World’s first online agricultural wholesale market 

The Online Wholesale Market, functioning as a nationwide platform allowing unrestricted 24/7 transactions, stands as a pivotal endeavour aligned with the Yoon Seok Yeol administration’s national agenda South Korea’s Ministry…

Mahindra’s Swaraj Tractors successfully debuts Swaraj 8200 Smart Harvester in domestic market

Company ramps up production of the new Swaraj 8200 Smart Harvester at new plant in Pithampur. Building on its rich legacy of introducing India’s first indigenously developed harvester, Swaraj Tractors,…

The ICL Group partners the highly promising AI-powered startup Agrematch

ICL is fostering the development of AI applications is through investments in AI AgTech startups via its Food and AgriTech accelerator Planet Startup Hub. ICL Group is a renowned specialty…

CENSANEXT and SAP collaborate to empower emerging Agri-tech start ups

The collaboration aims to redefine the ERP landscape for startups, offering them a tailored pathway to growth without the traditional hurdles associated with digital transformation. CENSANEXT, the tech subsidiary of…

Agrivalle and Ginkgo Bioworks collaborate to accelerate next-gen Ag Biological products

Partnership could help Agrivalle enhance the breadth and efficacy of their novel biological products and enable them to sell and license products to major players in agriculture across the globe.…

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