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Trade

Global sweetcorn seed market projected to grow at a higher rate at 5.6%

The demand for several instant food ingredients including sweet corn, has propelled the demand for sweet corn seeds in the value chain. According to the latest Report of www.seedworld.com, demand…

GAIC launches imported water-soluble fertilizers

The new-generation fertilizers will be sold in the market under its brand – ’AGRO’     In  order to encourage  the use of high-grade agri-inputs, the Gujarat Agro Industries Corporation…

Central Government puts restrictions on import of refined palm oil

An importer will require license for import the RBD Palm Oil and RBD Palmolein as per imposed restriction.  Considering repeated demands from solvent processors to protect the interests of domestic…

Crystal Crop acquires 3 insecticide brands from Corteva  Agriscience

Acquired three insecticide brands will help the company to generate an additional revenue of about Rs 50 crore annually. Agro-chemical firm Crystal Crop Protection Ltd  has recently  stated that it…

Sonalika Tractors witness uprising growth, domestic sales increases by 20.7%

The company has observed a 132.5 per cent growth in exports by shipping 2,358 units, and secures a market share of 32 percent, during the month under review.   Sonalika…

ChemChina, & Sinochem merge agricultural assets-Syngenta

The reorganization includes Syngenta, the Swiss pesticide producer that ChemChina agreed in 2016 to buy for $43 billion. ChemChina and Sinochem (600500.SS) are consolidating their agricultural assets into a new…

Eight states finalize action plan for agri export policy: Ministry of Commerce and Industry 

The action plan includes production clusters, capacity building, infrastructure and logistics and research & development The government has recently stated that eight states, including Maharashtra, Uttar Pradesh, Punjab and Karnataka,…

FarmERP raise Series A funding from Singapore-based strategic investor Technogen

The company will use the funding to combine the FarmERP platform with Climate Resilient Intelligence Singapore-based strategic investor Technogen has invested in FarmERP, which is building AI-based Climate Resilience Intelligence,…

Agritek Holdings Inc. launches “Higher Society” premium cannabis brand  

“Higher Society” includes craft cannabis concentrates, extracts, tinctures, oils, flower, topical, edibles, rosin, vape pens and accessories.     Agritek Holdings, Inc. (www.AgritekHoldings.com), a fully integrated, active real estate investor for…

IB Group set to invest Rs 200 crore in agriculture & poultry-based start-ups  

The scheme would create 25,000 direct employment opportunities       Chhattisgarh-based poultry firm IB Group has recently announced that it has set aside a capital fund of ₹200-crore for…

S&W secures $35 million working capital facility with CIBC

In addition to this new $35 million revolving credit facility with CIBC, S&W maintains an AUD $15 million S&W Seed Company has announced that it has closed a new $35 million asset-based…

Maharashtra state to set up 18 clusters for export of residue-free fruits, and veggies 

The clusters will ensure that the agriculture products meet the phytosanitary norms of developed countries.   The Maharashtra Government have jointly planned with APEDA, to set up over 18 clusters…

Agritech start-up Nu Genes raises $6 Mn to promote climate adoptable crops

Funds will be used to expand its presence and take its agriculture-based products to the global level.   Agri-tech start up Nu Genes Private Limited has raised $6 million from…

APEDA sends the first trial shipment of vegetables by sea route from Varanasi to Dubai.  

The shipment contains of 14 metric tonnes of fresh vegetables exported by an export house from Mumbai supported by VAFA and sourced from three FPOs of Ghazipur and Varanasi.  …

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