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India

DA&FW and Wadhwani AI develops Krishi 24/7, AI-powered solution for automated agricultural news monitoring

Krishi 24/7 addresses the need for an efficient mechanism to identify and manage agricultural news articles of interest to aid timely decision-making. Department of Agriculture and Farmers Welfare (DA&FW) in…

APEDA inks MoU with Lulu Hypermarket for export promotion of Indian agri-products

APEDA would promote Indian agri- products across the GCC as the LuLu Group has its presence across the GCC, Egypt, India and the Far East with 247 LuLu stores in…

Rajesh Jain takes charge as President for Partnerships and Programs at Ayekart

In his new role, Rajesh will lead initiatives aimed at driving scale and impact at Ayekart. Ayekart, India’s first integrated supply chain platform that addresses the needs of the food…

Praj Industries reports Rs 8,823.7 Mn revenue in Q2 FY24

Company records Rs. 623.679 million PAT in Q2FY 24 compared to Rs. 657.778 million PAT in Q2 FY23. Pune based Praj Industries (Praj), announced its unaudited financial results for the…

Centre initiates disposal of onion through NCCF, NAFED, Kendriya Bhandar and State cooperatives

Department of Consumer Affairs procures 5.06 LMT onion for disposal through e-sales, e-Nam auction and bulk sale. The Government has initiated aggressive retail sale of onion from the buffer at…

PM Modi inaugurates World Food India 2023

16 Memoranda of Understanding (MoUs) signed between Ministry of Food Processing Industries (MoFPI) and various industry entities on the first day amounting to total investment of around Rs 17,990 crores.…

Sustainable packaging startup Fibmold raises $10M from Omnivore and Accel

 Fibmold’s entry promises to ignite the growth of the moulded fiber packaging industry in India. Fibmold, a startup focused on sustainable packaging, has raised a $10 million round led by…

Bull-Agritech raises 8 Mn from PedalStart in pre-seed funding round

 Company plans to use funds to accelerate the operations in non-perishable agri-supply chain along with building the team. Agri-tech company Bull Agritech has raised $100K (Rs 8 million) in a…

Godrej Agrovet launches advanced pest control product Rashinban for chilli crop in India

An advanced pest control product for the Chilli crops during the flowering stage is developed   in association with Nissan Chemical Corporation. Godrej Agrovet Limited (GAVL), one of India’s largest diversified…

IIL records 20% growth in Q2 FY24, aided by value-added product portfolio

In the first \of FY24, IIL recorded Rs 13,359 Mn in revenue, a significant 17 per cent growth compared to Rs 11,429 Mn in H1FY23. Insecticides (India) Ltd. (IIL), a…

Thermo Fisher Scientific India receives recognition as Great Place to Work for the 5th consecutive year

The company also ranked amongst the 100 Best Companies for Women twice in a row Thermo Fisher Scientific in India has once again been recognised with two prestigious awards, strengthening…

SEEDS of CHANGE

According to TechSci Research, the Indian seed market is valued at $3,914.36 million in 2023 and is projected to grow at a CAGR of 7.41 per cent by 2029. The…

Why India’s Seed Industry is a Blueprint for Growth

By Raghavan Sampathkumar, Executive Director, Federation of Seed Industry of India Seed is the first and the best hope a farmer has and it is the foundation of “Socio-Economic Empowerment…

Impact of Banning Export of Agri Commodities on the International Market

By Abhay Dandwate, Chief Risk Officer – National Bulk Handling Corporation Pvt. Ltd. India, one of the biggest producers of wheat and wheat flour, prohibited wheat exports last year due…

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