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HomePosts Tagged "Executive Director"
Agribusiness, Agro chems – Pesticides, Company News, India

‘LaNevo’ marks a strategic collaboration with Nissan Chemical Corporation, Japan, further strengthening Dhanuka’s insecticide portfolio.

 Leading agrochemical company Dhanuka Agritech Limited unveiled two groundbreaking products the powerful insecticide ‘LaNevo’, and the bio-fertilizer ‘MYCORe Super’, designed to revolutionize crop protection and yield enhancement in agriculture.

‘LaNevo’ marks a strategic collaboration with Nissan Chemical Corporation, Japan, further strengthening Dhanuka’s insecticide portfolio. LaNevo offers dual benefits with a unique mode of action for enhanced crop protection against sucking and chewing pests. It is designed to minimise resistance development and, promoting healthier crops and higher yields.

Harsh Dhanuka, Executive Director, Alliances and Supply Chain at Dhanuka Agritech Ltd, along with senior officials from Nissan Chemicals Corporation, addressed a large gathering of retailers, major dealers from Andhra Pradesh and Telangana outlining the specifications and benefits of the new products.

Dhanuka said the insecticide ‘LaNevo’ will help farmers, especially those growing vegetables, achieve better control of sucking and chewing pests. Introduced under Section 9(3) of The Insecticides Act, 1968 by Dhanuka, ‘LaNevo’ is a powerful, broad-spectrum insecticide that effectively control a wide range of pests, including Jassid, Thrips, White Fly, Shoot and Fruit Borer, and Leaf Miner, he said.

Y Fukagawa San, General Manager and Head of International Sales Nissan Chemical Japan, said ‘LaNevo’ is tough for insect-pest resistance development, and effectively controls leaf’s lower surface hiding insect-pest. This powerful insecticide is easy to apply, promoting healthier crops and higher yields,” he said.

Dr R.K. Yadav, Managing Director, Nissan Agro Tech India Pvt. Ltd., said, “Farmers can trust in LaNevo’s dual power, reliability and quick action to protect their crops and ensure a bountiful harvest. “For best results, apply Lanevo at the initial appearance of pests in your chilli, tomato, brinjal crops”.

Introducing the bio-fertilizer ‘MYCORe Super’, Manoj Varshney, National Marketing Head of Dhanuka Agritech, highlighted its effectiveness in high-value crops to increase output and quality. “Harnessing the power of natural biological processes, our product offers the most advanced solution to farmers seeking to optimize their agricultural outputs while minimising their environmental impact,” Varshney added.

Dhanuka Agritech remains committed to driving innovation in agriculture, ensuring farmers have access to cutting-edge solutions that optimize productivity and sustainability.

'LaNevo' marks a strategic collaboration with Nissan

Agrotech, India, Seeds, Sustainability

FSII urges for collaborative efforts involving all stakeholders across the agricultural value chain to address agricultural waste issue.

India faces a significant challenge with its agricultural waste generation. Annually, the nation produces about 683 million tonnes (MT) of crop waste and an estimated 682.6 million tons of agricultural waste, including both edible crop production and surplus materials. This waste contributes substantially to India’s overall waste generation, amounting to approximately 62 million tonnes per year.

Additionally, out of India’s total solid waste, roughly 380 million tons are organic wastes from agricultural sources. These numbers highlight the urgent need for effective waste management strategies to minimise environmental pollution and promote sustainable practices.

Raghavan Sampathkumar, Executive Director, Federation of Seed Industry of India mentioned that FSII recognises the severity of this situation and urges immediate action on the International Day of Zero Waste. Effective waste management in agriculture requires sustainable practices to optimize resource usage, including careful application of fertilizers, pesticides, and water. Precision agriculture, a technique of improving crop yields and assisting management decisions using high technology sensor and analysis tools, can significantly reduce input waste, enhancing long-term sustainability. It ensures the effective management of fertilizers and irrigation processes.

Food waste reduction requires a two-pronged approach: minimizing spoilage throughout the supply chain and aligning food production with demand. Firstly, better storage and transportation practices are crucial. Technologies like moisture-preserving coatings for produce and implementing tracking systems can significantly extend a product’s shelf life.

Secondly, bridging the gap between supply and demand is essential. In India’s complex supply chains, food needs are often predictable, yet production isn’t due to the many layers between farmers and consumers. Here, technology plays a vital role. By building a data network across the chain, from satellite imagery to smartphone apps, we can create a clearer picture of food demand, allowing farmers to adjust production accordingly. Additionally, advancements in biotechnology, such as disease-resistant crops, can further reduce pre- and post-harvest losses.

By prioritising these initiatives, India can significantly reduce food waste. This not only lessens the environmental impact, including water and energy waste, greenhouse gas emissions, and soil degradation, but also promotes sustainable agriculture, resource conservation, and a path towards environmental responsibility for future generations.

FSII calls for collaborative efforts involving all stakeholders across the agricultural value chain to address this pressing issue. By embracing sustainable practices, we can work towards a future where agricultural waste is minimized, environmental pollution is reduced, and India’s agricultural sector thrives sustainably.

FSII urges for collaborative efforts involving all

Agribusiness, Agro chems – Chemicals, Agrotech, Company News, Drones, Inputs

Coromandel has covered key southern states of AP and TS, making it first fertiliser company to achieve such a significant milestone.

Coromandel International Limited, India’s leading Agri solutions provider in the business of Fertilisers, Crop Protection Chemicals, Bioproducts, Specialty Nutrients, Organic Fertilizer and Retail, has announced its milestone of clocking 16,000+ acres of farmland covered through its Gromor Drive – an agri drone spraying initiative.

Sankarasubramanian S, Executive Director, Nutrient Business, Coromandel International Limited, informed, “In line with our vision to enhance farmer prosperity and to end to the drudgery of their hard labour, Coromandel had initiated the Gromor Drive. Today, Gromor Drive has revolutionised the Indian agriculture landscape and it gives us immense happiness to share that we have crossed 16,000+acres of drone spraying in key southern states of AP and TS, making Coromandel the first fertiliser company to achieve such a significant milestone. It is heartening to know that the farmers across regions have quickly adapted to this technology and our services, evident from the overwhelming response across crop categories we received.”

“Through our understanding of farmer needs coupled with strong rural connect, we are rightly positioned to provide drone spraying services to the farming community across geographies. From reducing labour dependency to enhancing crop quality, Gromor Drive has emerged as a trusted ally for farmers striving for sustainable agricultural practices.”

Coromandel has covered key southern states of

Agrotech, India, Opinions, Seeds

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 and Development”.  Over the last decade, the Indian seed industry has expanded both in size and performance, involving both private and public sector entities. In 2022, the Indian seed market was valued at $6.3 billion, projected to reach $12.7 billion by 2028, with a CAGR of 12.43 per cent. Thanks to several foresighted and proactive initiatives by the Government of India, the country has witnessed an increased seed replacement rate, for example, in rice, rising from 40 per cent in 2011 to 64 per cent in 2017. The seed industry’s foundation was established in the 1960s and subsequent policies in the late 1980s, including the New Seed Development Policy (1988-1989), transformed the industry and provided Indian farmers access to superior seed and planting materials.

The Indian seed industry is at the forefront of innovation, focusing on areas such as pest and disease-resistant seeds, drought and heat-tolerant varieties, and more nutritious options to address the challenges of climate change and enhance nutritional value. Precision breeding techniques, along with data-driven approach and biotechnology innovations to develop new seed varieties that are resistant to pests, diseases, drought, and heat etc., are gaining ground. More advanced seed technologies have bolstered agricultural productivity as climate change, with its unpredictable weather patterns and increased pest resistance, presents a significant hurdle. Regulatory hurdles, such as the classification of genome-edited crops, hesitancy in acknowledging the important role and contribution of genetically modified (GM) crops and their utility remain big challenges for the growth of the Indian seed sector.

Key drivers of growth include a growing demand for high-quality seeds as farmers are becoming increasingly cognizant of the importance of using high-quality seeds; government support; adoption of digital technologies and increased investment from private and foreign entities. For the sustainable growth and development of the Indian seed industry, several policy and regulatory measures should be prioritised:

Policy & Regulatory Environment: Reforms are essential to establish a stable, predictable, transparent, and science-based policy and regulatory framework.

National Accreditation for R&D-based Companies: A system of accreditation for national-level seed research companies should be established, recognising their extensive efforts in research, data analytics, and quality control.

Investment in R&D: Encouragement of both public and private investment in seed research and development is crucial, with incentives and grants to foster the development of high-yielding, climate-resilient, and nutritionally rich seed varieties.

Restoration of Tax Deduction: To encourage increased R&D investment in the seed industry, the restoration of a 200 per cent income tax deduction for R&D expenditure is recommended.

Developing Climate-Resilient Seed Varieties: Incentivise the development and adoption of climate-resilient seed varieties to address the challenges posed by climate change, such as drought-tolerant, flood-resistant, and heat-tolerant seeds.

Regulatory Testing of New Technology Products: Implement a smooth and predictable process for field testing of new technology seeds.

Encourage Seed Export and International Collaboration: Develop a comprehensive “National Seed Production & Trade Policy” to facilitate seed exports and engage international seed research institutions for knowledge and technology sharing. Work towards making India a global hub for seed production and exports, aiming to capture at least 10 per cent of the global seed trade market.

To read more click on: https://agrospectrumindia.com/e-magazine

By Raghavan Sampathkumar, Executive Director, Federation of

Agro chems – Chemicals, Agro chems – Pesticides, Company News, Finance, Seeds

In FY 2022-23, the company registered Revenue from Operations of Rs 51,397 million, compared to Rs 47,344 million in the previous year.

Bayer CropScience Limited announced its results for the financial year (FY) and quarter ended March 31, 2023. In FY 2022-23, the Company registered Revenue from Operations of Rs 51,397 million, compared to Rs 47,344 million in the previous year, registering an overall revenue growth of 9 per cent. Profit Before Exceptional Items & Tax stood at Rs 8,863 million, compared to Rs 7,883 million in the previous year, representing an increase of 12 per cent. Profit Before Tax (After Exceptional Items) increased by 17 per cent from Rs 8,468 million to Rs 9,901 million.

In Q4 of FY 2022-23, the Company registered Revenue from Operations of Rs 9,825 million, compared to Rs 9,633 million in the corresponding quarter of the previous year, delivering a growth of 2 per cent. Profit Before Exceptional Items & Tax for the quarter stood at Rs1,921 million, compared to Rs 1,895 million in the corresponding quarter of the previous year.

Commenting on the quarterly results, Simon-Thorsten Wiebusch, Executive Director, Bayer CropScience Limited said, “Our sales growth in Q4 continued to be driven by strong crop protection sales and consistent performance by our corn seeds business while overcoming some supply constraints faced during the quarter. Although our channel inventory continues to remain at healthy levels, we are witnessing a normalization of Roundup™ prices and availability.”

Speaking on the FY results, Simon Britsch, Chief Financial Officer, Bayer CropScience Limited said, “The steady performance of our crop protection and corn seeds portfolio helped us deliver 9 per cent growth in Revenue from Operations for the financial year. Though headwinds in the form of inflationary pressures led to higher operating expenses, we continued to invest in key initiatives to drive long-term growth. During the year, the company had an exceptional income of Rs 1,038 million arising from the sale of its Environmental Science Business in Q3 of FY 2022-23.”

In FY 2022-23, the company registered Revenue