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Trade

Indian pulses imports could drop 60% in 2020-21 – IPGA

Lower imports by India, the world’s biggest consumer of protein-rich pulses, will help to support domestic prices, but will affect farming communities in Canada, Australia, Myanmar and Russia.   India’s…

BASF builds crop protection manufacturing hub in Singapore

The plant will have a production capacity of seven million litres per year, to cover 20 million ha of farmland and employ a staff of more than 25 employees. BASF…

Appiphany Technologies Holdings ties up with LLC & KVG for Hemp seed & Genetics  

The Joint Venture is expected to be operational within the 1st Quarter of 2020.       Appiphany Technologies Holdings Corp., a company focused on the emerging and dynamic Hemp industry,…

Bengaluru based startup Clover raises $5.5 million in a Series A funding round  

The funds will be used to grow its farm network and diversify their offerings         Greenhouse Agritech startup Clover has raised over $5.5 million in a Series…

Iran emerges as the top buyer of Indian tea in 2019

Tea exports to Iran rose 74% last year to 53.5 million kg. Shipments to China also gained on demand for black-tea brands    According to the reports of Bloomberg, Iran…

Government aims to make India a surplus country in terms of pulses production: Narendra Singh Tomar  

India hosts the UN World Pulses Day celebrations in New Delhi.The event was organized this year by NAFED in collaboration with Global Pulse Confederation (GPC).   Inaugurating the UN World…

Amazon launches 10,000 Electric Rickshaw for climate conservation

The company is hoping that its electric vehicles will reduce carbon emissions and environmental impact of delivery operations in the Asian country.   Amazon is set to have 100,000 of…

 Chennai based Agritech Startup WayCool Foods raises $32 mn from Lightbox

Funds will be used to strengthen technology backbone across the agricultural value chain Chennai-headquartered WayCool Foods has raised U$32 Mn in a combination of equity and debt in its Series…

Plant-Based Dairy Brand Goodmylk raises INR 3 Cr in second seed round

Goodmylk aims to utilize this funding to further expand their distribution capabilities, create new institutional partnerships Goodmylk, a Bangalore-based vegan milk brand in India, has raised INR 3 crore in…

India’s rice exports may fall by 18-20% in FY20

As per the report of Drip Capital, rice exports for FY20 expected to fall due to geo-political situations, tighter trade norms and higher MSP on the commodity by government. US-based…

Flora-based dairy Perfect Day raises $140 mn Series C Funding

 Perfect Day, a global leader in the research, development and production of flora-based dairy, announced the closing of $140 million Series C funding round led by Temasek with substantial involvement…

Panacea Life Sciences acquires Needle Rock Farms for “Seed to Sale Model”

The acquisition of Needle Rock Farms includes 240 acres of farmland, water rights, all farm equipment, barns, greenhouses and irrigation system    The acquisition of Needle Rock Farms includes 240…

Bayer CropScience Q3 net profit at Rs 137.9cr

Total income increased to Rs 873.4 crore in the quarter from Rs 791.1 crore in October-December 2018, the company mentioned in a regulatory filing.    Bayer CropScience Limited (BSE: 506285)…

APEDA dispatches the first export shipment of 890 MT of bananas

The first shipment of 890 MTs of high-quality bananas, loaded in 43 refrigerated containers, from Andhra Pradesh to Mumbai to save high transport cost and quality losses during long transit.…

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