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Agrotech, Funding, India, Industry Reports / Analysis

This reduction aligns closely with the global decline in agrifood tech investments, which fell by 50 per cent year-over-year

AgFunder and Omnivore have released the sixth India AgriFoodTech Investment Report, detailing just under $1 billion in startup investment, a 60 per cent year-over-year decline from $2.4 billion in 2022. However, India maintained a steady deal activity with 129 deals, only slightly fewer than in 2022. This reduction aligns closely with the global decline in agrifoodtech investments, which fell by 50 per cent year-over-year. 

Unlike the global market, however, the total funds raised by Indian agrifood startups were not far off from the $1.3 billion garnered in pre-Covid 2019, suggesting a normalisation of market conditions after a period of excessive valuations. A concerning trend is the limited participation of agrifood investors, with Omnivore being one of the few remaining, alongside generalist and climate-focused VCs. This scenario underscores the need for more committed investors across all stages. 

Below are some of the highlights of the report:

In 2023, Indian agrifood tech startups raised $940 million across 129 deals, down 60 per cent from 2022.

The number of deals remained almost flat with 129 closing in 2023 compared to 133 deals in 2022, indicating smaller deal sizes given the steep decline in dollars raised. 

More early-stage deals closed in 2023 than 2022 indicating continued interest by investors in the category but at much lower valuations than in previous years.

The median deal sizes dropped significantly year-on-year across stages and most dramatically at the late stages: 50 per cent at the early stages (Seed and Series A), 39 per cent at the growth stages (Series B and C) and 89 per cent at Series D and later.

Both AgFunder and Omnivore continue to explore deals that push beyond traditional agrifood boundaries into adjacent sectors, highlighting the growing interconnectedness of food, agriculture, and other industries like climate tech. Despite a decrease in the median deal sizes, the willingness to invest persists, although at lower ticket sizes, with Ag Marketplaces and eGrocery receiving the most attention yet again. However, there are fewer players in the market than before, reflecting Power Law dynamics.  

This reduction aligns closely with the global

Agribusiness, Biofuel industry, Company News, Finance, Schemes - Banks

Funding will be used for company’s upcoming 12 TPD Compressed Biogas (CBG) Plant at Ajbapur Sugar Unit in the state of U.P.

DCM Shriram Ltd, a leading conglomerate with diverse business presence in Chlor-Vinyl, Agri-Rural, and Value-Added Businesses, announced the successful tie up of its sustainable finance facility in the form of transition finance of Rs 100 crores from Standard Chartered Bank, India to fund its upcoming 12 TPD Compressed Biogas (CBG) Plant at Ajbapur Sugar Unit in the state of U.P.

This investment further reinforces the company’s commitment towards circular economy and sustainability. CBG will be produced using ‘Pressmud’ as a feed stock – a waste generated in the sugar manufacturing process. The state-of-the-art plant has been designed as a Zero Effluent Discharge Plant.

Amit Agarwal, Executive Director & Group CFO of DCM Shriram Ltd, said, “This is our second sustainable finance transaction in last 6 months, which underscores our unwavering commitment to assimilating ESG principles into our business philosophy and driving positive impact while generating value for our stakeholders. This also underpins our belief that Business success goes hand to hand with environmental stewardship, embodying our commitment to a more sustainable future.”

Shobana Chawla, Executive Director, Sustainable Finance, Standard Chartered Bank, India, said, “Sustainable financing continues to be one of the strategic priorities at Standard Chartered Bank. We have been assisting our clients transition to net zero, and at a group level have committed to mobilise USD 300 billion in Sustainable Finance by 2030. This facility to DCM Shriram is one such initiative.”

This collaboration between DCM Shriram Ltd and Standard Chartered Bank signifies a shared commitment towards fostering sustainability and responsible business practices, further solidifying their dedication to more responsible future.

Funding will be used for company’s upcoming

Agro chems – Fertilizers, Agro chems – Pesticides, India

Rashtriya Kisan Progressive Association took strong exception to certain associations pegging the level of sub-standard and spurious pesticides at just 2 per cent of the overall pesticides market of the country

Rashtriya Kisan Progressive Association (RKPA), a pan-India association that works for the welfare and progress of farmers across the country accused certain associations and vested interests of working against the interest of farmers and condemned it for presenting misleading facts in the public domain.

Addressing a press conference in the national capital, Binod Anand, National President, of Rashtriya Kisan Progressive Association took strong exception to certain associations pegging the level of sub-standard and spurious pesticides at just 2 per cent of the overall pesticides market of the country.

“India’s agricultural productivity has increased by more than 6 times since 1950, a remarkable achievement indeed. But unfortunately, per acre yield is way below in comparison to many developed and developing nations. Despite having 30 per cent more arable land and 67 per cent more rainfall than China, India’s agriculture GDP is about one-third of China’s. One major contributor to lower yields is the widespread use of low-quality inputs including agrochemicals. Yet, some vested interest dares to put the level of sub-standard products at 2 per cent of the overall Indian market. This is nothing but misleading and cheating of farmers,” said Binod Anand.

“The counterfeit pesticides market is a parallel industry as evident from various FIRs which have been registered against the culprits by reputed companies. It is adversely impacting farmers’ livelihoods, yield, crop quality, income, and the Indian economy on a broader aspect,” Anand added.


Citing the example of the huge damage to 9 lakh acres of chilli crops in South India in 2021, he said, “The damage was mainly due to usage of sub-standard pesticides in the sub-lethal dose. The ultimate sufferers were farmers and consumers. Strict action is a must against such culprits, but unfortunately, vested interests are strengthening such elements by presenting a misleading picture.”

“Few of these so-called Bio-pesticides/ Bio-stimulants were the cocktails of 10-12 chemical pesticides and some of them are not even registered in India which also indicates the possibility of smuggling of such chemicals from foreign countries,” he said.

Rashtriya Kisan Progressive Association took strong exception

Acquaculture, Agribusiness, Agrotech, India, Oilseeds, Poultry

The SEC in India will offer training opportunities covering areas such as poultry, feed milling, aquaculture and soy food and beverage processing.

The U.S. Soybean Export Council (USSEC) announced the launch of the Soy Excellence Center (SEC) in India, a pioneering initiative aimed at early-to mid-career protein professionals to support Indian food and agricultural sectors’ sustainable growth. The SEC is designed to foster education advancement for employees and employers in agribusiness, thereby elevating expertise and competencies. 

USSEC’s network of Soy Excellence Centers across the globe shares a unified purpose: to improve health and nutrition of communities in emerging markets like India. This is achieved by strengthening the capacity and market potential of businesses within the food and agricultural supply chains through workforce development and training.

The SEC in India will offer training opportunities covering areas such as poultry, feed milling, aquaculture and soy food and beverage processing. These areas focus on providing participants access to modular, on-demand training resources, live seminars, workshops, and ongoing access to a wealth of industry experts from USSEC’s extensive international network. 

By launching SEC in India at the India-US Agricultural Synergy Summit, USSEC, together with its investing members like the Illinois Soybean Association and South Dakota Soybean Checkoff demonstrates its commitment to its mission of feeding the minds of those who will feed the world, the next generation of agri-professionals also known as the ‘Tomorrow Solvers.’

Reflecting on the expansion of the Soy Excellence Center in India, Kevin Roepke, Regional Director – South Asia & Sub-Saharan Africa, USSEC added, “The United States and India have a track record spanning decades of bilateral cooperation. These sectors include aerospace, defense, energy, technology and of course agriculture. However, the launch of the India SEC goes beyond collaboration; we expect it to be a catalyst for economic growth, skills development, and capacity building within agribusiness. By establishing the SEC in India, we take a decisive step in empowering India’s youthful workforce with critical know-how, access, and essential skills training.”

On the uniqueness of the courses being offered to early-to mid-career agribusiness professionals, Vijay Anand, Lead – Soy Excellence Center, India shared, “Finding specialized training on subjects unique to our collective industries is hard to find, and we have seen the world over that the Soy Excellence Centers, in partnership with a consortium of international universities coupled with the best-in-class technical instructors, effectively address these challenges. In India as well, the Soy Excellence Center will provide practical industry knowledge and skills through targeted training programs, online and offline workshops, and access to global resources and network. The SEC will aim at elevating on-the-job skills, fostering growth and innovation.” 

On the need for such tailored training courses, Suresh Chitturi, Vice Chairman & Managing Director, Srinivasa Farms, a leading player in India’s poultry sector confirmed, “We are excited about the launch of the Soy Excellence Center in India and look forward to the additional opportunities it can bring for growth in our food and agricultural sector. Like in other regions, I am confident that the SEC will enable us to upskill our workforce, solve new problems, bringing to life the vision of making our country an agribusiness powerhouse.” Mr. Chitturi is also the President of International Egg Commission. 

On Illinois Soybean Association’s being a principal sponsor of SEC India, Todd Main, Director of Market Development, Illinois Soybean Association added, “The establishment of the SEC India marks a pivotal moment for us at Illinois Soybean Association. As a principal sponsor, we recognize the immense potential of India not just as a market, but as an invaluable business ally. It is our belief that by empowering the Indian agriculture and soy value chain with the right knowledge and skills, we’re not only fostering a thriving agribusiness environment but supporting India as a crucial partner in meeting the needs of our world’s growing population.” 

The SEC in India will offer training

India, Interaction, Oilseeds

The theme of ISC 2024 is “Shaping the Future: Trends & Insights,” focusing on emerging trends, challenges, and opportunities that will shape the spice industry in the coming years.

The All-India Spices Exporters Forum (AISEF) announced the upcoming 7th edition of the International Spice Conference (ISC), scheduled to take place from March 3 to March 6, 2024, at the Hyatt Regency in Gurgaon, Delhi-NCR. Co-hosted by the Cochin Chamber of Commerce and Industry, the conference is expected to draw a large participation from the spice fraternity both from India and abroad.

The theme of ISC 2024 is “Shaping the Future: Trends & Insights,” focusing on emerging trends, challenges, and opportunities that will shape the spice industry in the coming years. This theme highlights the importance of innovation and sustainable practices to ensure the long-term viability of the industry. ISC 2024 will also address various issues from the perspective of stakeholders and relevant regulatory frameworks, with dedicated presentations on the crops and markets of various spices.

The conference will commence with an inaugural ceremony where our Chief Guest Abheek Singhi, Managing Director & Senior Partner of Boston Consulting Group, India, will deliver the Presidential address on “Shaping the Future: The Great New India Story. Our Guest of Honour ” Brendan M. Foley, President, and Chief Executive Officer of McCormick, will provide insights into the topic of “Shaping the Future: Global Spice Industry.”

The business part of the conference will start on the morning of Day II, March 4th with a session on “Climate Change and Sustainability”, followed by fireside chats on “Changes & Challenges in the Global Supply Chain”. The Round Table discussion on “Pesticide Residues in Spices” will take place on the afternoon of Day II. The third day (March 5) will start with panel discussions on “Value Addition in Spices & Seasonings” and “Challenges in Regulations on Food Safety.” The PPT presentations of the “Crops & Markets” session covering the production, supply, and demand of minor spices will be held on the afternoon of Day 3. The fourth day, March 6th, would be devoted to audio-visual presentations on “Crops & Markets: Black Pepper, Chillies, Cumin, & Turmeric”.

The International Spice Conference has grown to become one of the world’s largest knowledge dissemination and unifying platforms for the global spice fraternity. With over 800 delegates representing 35 nations, 60 exhibitors, and 60 speakers in the previous edition, ISC 2024 is poised to attract a significant participation from the industry.

As we collectively navigate these insightful sessions, ISC 2024 aims to equip the spice industry with the knowledge and strategies needed to forge a resilient, sustainable, and thriving future.

The theme of ISC 2024 is "Shaping

Agrotech, Company News, R&D

The two companies will also explore setting up a research & development facility in the country  

Dhanuka Agritech, one of the leading agri-input companies in India, announced that it has signed a ‘Letter of Intent’ with Spain-based Kimitec to explore various business opportunities, including setting up a joint venture in India for the development and commercialisation of biological products using natural molecules & derived from natural sources. 

 The two companies will also explore setting up a Research & Development facility in the country.  

Biological products are derived from natural sources using botany, microbiology, microalgae, and bioinformatics. These represent a sustainable category of products providing crop protection, soil health, and plant nutrition. These products can be used individually or in combination with conventional chemical products as per the requirements. 

 “As part of our continuous effort to offer the best products and solutions to the Indian farming community, we have signed a non-binding Letter of Intent with Spain’s Kimitec to explore various business opportunities, including setting up a joint venture in India and an R&D facility, as well as the commercialization of biological products. The demand for biological products is increasing globally, and we see an uptrend for these products in India too.” said Rahul Dhanuka, Joint Managing Director, Dhanuka Agritech. 

Kimitec, is a cutting-edge biotech company & founder of MAAVi Innovation Center, the largest European biotech innovation hub dedicated to natural molecules. Kimitec has implemented a revolutionary AI platform at MAAVi Innovation Center. Known by the name of LINNA this AI platform is already providing Kimitec with around 35 per cent of candidate compounds for product development.

“As part of our mission to change the way food is produced globally, we have identified Dhanuka Agritech Ltd as a perfect partner to bring our natural yet as effective as chemicals solutions to farmers in India,” said Félix García, CEO of Kimitec.

Kimitec operates in more than 100 countries around the world and collaborates with MNC’s to develop and commercialize biological products for B2B and B2C markets.

Dhanuka Group already has tie-ups with seven leading agrochemical companies from the US, Japan, and Europe, to introduce the latest technology and products in India. 

The two companies will also explore setting

India, Nature, Sustainability, Sustainable Energy

The plant is anticipated to produce an average of 953 gigawatt-hours of clean energy annually, helping to avoid approximately 783,855 tonnes of carbon dioxide emissions annually

The Asian Development Bank (ADB) and SAEL Industries Limited, through its subsidiary SAEL Solar P4 Private Limited, have signed a loan of up to 12.23 billion Indian rupees (about $147 million equivalent) for the development of a 400-megawatt (MW) greenfield solar power plant in Gujarat, India, to support the country’s ongoing transition toward clean energy and low-carbon growth.

The financing package comprises 12.23 billion Indian rupees from ADB and a parallel loan of up to 6.11 billion Indian rupees underwritten by Tata Capital. ADB led the structuring of the financing package as well as the mobilisation of domestic private capital.

“The private sector must play a pivotal role in the transition from fossil fuels to renewable energy generation, particularly in Asia and the Pacific region, which contributes over half of global greenhouse gas emissions. As the region’s climate bank, ADB provides long-term local currency financing to stimulate private sector investment in clean energy,” said Suzanne Gaboury, ADB Director General for Private Sector Operations. “ADB’s partnership with SAEL supports the Government of India’s objective of achieving 500 gigawatts of renewable energy generation capacity by 2030.”

SAEL Solar P4 Private Limited will build and operate the solar powerplant, situated within the Khavda Ultra Mega Solar Park in Gujarat, India. The electricity generated by the solar plant will be supplied to Gujarat Urja Vikas Nigam Limited, the state-owned power distribution company, through a 25-year purchase agreement. The plant is anticipated to produce an average of 953 gigawatt-hours of clean energy annually, helping to avoid approximately 783,855 tonnes of carbon dioxide emissions annually. SAEL and ADB have previously partnered in a biomass power generation project that uses agricultural residue.

The plant is anticipated to produce an

Company News, Dairy, India

GCMMF has 98 dairy plants located across India with a daily milk handling capacity of 50 million Liters equipped with modern facilities to process, pack and store the milk and milk products.

Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF), announced the launch of Sagar Skimmed Milk across India.

Sagar is one of the oldest brands of GCMMF in the milk powder and ghee segment. Sagar Skimmed Milk Powder is India’s largest-selling SMP brand, preferred by buyers due to its pure, fresh, good quality and it is now expanding to the fresh skimmed milk category.

“To meet the expectations of the changing consumer, we are launching Sagar Skimmed Milk at the most affordable price to cater for the economic segment as well as fat-free milk for health-conscious consumers” said Jayen Mehta, Managing Director, GCMMF.

We launched Sagar Skimmed Milk across all Indian markets on the morning of 8th January 2024. It is Fat-Free and will have a minimum of 9 per cent SNF. To cater to various consumer segments, it is available in 250 ml (Rs. 10), 500 ml (Rs. 20), 1 L (Rs. 40), 2 L (Rs. 78) and also, in 6 L pack to cater Hotels, Restaurants and Caterers (HoReCa) requirement. It would also be available to consumers through nearby retail outlets, Amul parlours, Milk booths and Modern Format Stores.

GCMMF has 98 dairy plants located across India with a daily milk handling capacity of 50 million Liters equipped with modern facilities to process, pack and store the milk and milk products.

GCMMF has 98 dairy plants located across

Climate, Company News, World

Groundwork BioAg expands Global commercialisation of mycorrhizal inoculants

Groundwork BioAg announced that its flagship mycorrhizal inoculant – Rootella – has been approved for commercialisation in China, Argentina, and South Africa, expanding farmers’ access to a climate-smart solution to optimise plant and soil health, adding approximately 677 million acres (274 million hectares) of harvested cropland to the company’s potential customer base.  

Over the last few years, Groundwork BioAg expanded commercialisation in the United States, Brazil, India, Canada, Ukraine, and other countries in Europe. With the addition of China, Argentina, and South Africa, the company and its local partners can offer farmers – including those in four of the top agricultural markets – access to the most highly concentrated mycorrhizal inoculant products available.

“Growers face mounting environmental and financial pressures to produce the food, fuel and fibre the world demands,” said Hanan Dor, Chief Commercial Officer at Groundwork BioAg. “As the leading mycorrhizal inoculant supplier, Groundwork BioAg is committed to partnering with local distributors to provide nature-based solutions that fit into modern farming practices and align with the world’s sustainability goals.”

Groundwork BioAg expands Global commercialisation of mycorrhizal

Acquaculture, Company News, Live Stock

eFishery’s entry into the Indian market includes an expansive reach with over 1,000 acres of ponds

Southeast Asia’s leading aquaculture company, eFishery, announced the completion of its commercial pilot in India, marking a significant milestone in its global expansion journey. The Indonesia-headquartered firm kicked off the pilot project in March of this year, successfully acquiring over 1,000 acres of ponds under contract and distributing more than 3,000 metric tons of feed. This achievement brings the firm closer to expanding its footprint to five new Indian states by the end of 2024.

Moreover, the pilot project also signals a broader expansion beyond Southeast Asia with a deliberate, one-country-at-a-time approach to sustainability and impact assessment. Beyond India, eFishery is eyeing opportunities for one or two countries in Asia and Latin America within a year while continuing to export shrimp products overseas. The company’s global expansion strategy also focuses on tapping into diverse markets, offering a comprehensive ecosystem to farmers, and creating a “Digital Co-Op” model that provides access to high-quality inputs, IoT technologies, production SOPs, and guaranteed market off-take, ultimately empowering farmers.

Gibran Huzaifah, eFishery CEO and co-founder explained that India is a key part of eFishery’s overall growth strategy, which also includes expanding the company footprint in Indonesia and growing in export markets.

eFishery's entry into the Indian market includes

Acquaculture, AgroPolicy, Live Stock

This accounts for 8 per cent of global production, contributing about 1.09 per cent to the country’s Gross Value Added (GVA) and over 6.724 per cent to the agricultural GVA

India has achieved a record fish production of 175.45 lakh tonnes in FY 2022-23, making it the third-largest fish-producing country in the world. This accounts for 8 per cent of global production, contributing about 1.09 per cent to the country’s Gross Value Added (GVA) and over 6.724 per cent to the agricultural GVA. The sector has immense growth potential and requires focused attention through policy and financial support to ensure sustainable, responsible, inclusive and equitable development.

The government has announced a new sub-scheme called the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY, 2023-24). This is a central sector sub-scheme under PMMSY with a targeted investment of INR 6,000 crore. The scheme has been introduced to enable activities for fishermen, fish vendors and micro & small enterprises. PM-MKSSY aims to focus on the gradual formalization of the unorganized fisheries sector, including digital inclusion, and facilitating access to institutional financing, especially working capital. It also aims to provide one-time incentives to beneficiaries for opting for aquaculture insurance, incentivizing fisheries and aquaculture microenterprises for fisheries sector value-chain efficiencies, incentivizing micro and small enterprises for the establishment of supply chains of safe fish products to consumers, and providing additional incentives to the applicants for creating and maintaining jobs for women in the fisheries sector.

The fisheries sector plays an important role in the Indian economy. It contributes to the national income, exports, food and nutritional security as well as employment generation. The fisheries sector is recognised as the ‘Sunrise Sector’ and is instrumental in sustaining the livelihoods of around 30 million people in India, particularly that of the marginalised and vulnerable communities.

This accounts for 8 per cent of

AgroPolicy, Foodgrains, Supply Chain, Trade

India imported 19.63 lakh tonnes of pulses during April-October this fiscal to meet domestic demand, the government said

During April-October this fiscal year, India exported 26.08 lakh tonnes of basmati rice and 73.18 lakh tonnes of non-basmati rice.

Agriculture Minister Arjun Munda provided the Lok Sabha with export statistics for the main food grains in a written response.

The data shows that for the full 2022–2023 fiscal year, 45.61 lakh tonnes of basmati rice were exported, compared to 177.92 lakh tonnes of non-basmati rice shipments.

In 2018–19, 44.15 lakh tons of basmati rice were exported; in 2019–20, 44.55 lakh tonnes; in 2020–21, 46.30 lakh tonnes; and in 2021–22, 39.44 lakh tonnes.

76.48 lakh tonnes of rice (apart from basmati) were exported in 2018–19; 50.56 lakh tonnes in 2019–20; 131.49 lakh tonnes in 2020–21; and 172.89 lakh tonnes in 2021–22, according to the data.

In 2022–2023 India produced 1,357.55 lakh tonnes of rice, compared to 1,294.71 lakh tonnes in the previous year.

India imported 19.63 lakh tonnes of pulses during April-October this fiscal to meet domestic demand, the government said.

In a written reply to the Lok Sabha, Agriculture Minister Arjun Munda informed that pulses imports stood at 24.96 lakh tonnes during 2022-23, 27 lakh tonnes in 2021-22, 24.66 lakh tonnes in 2020-21, 28.98 lakh tonnes in 2019-20 and 25.28 lakh tonnes in 2018-19.

The production of pulses stood at 220.76 lakh tonnes in 2018-19, 230.25 lakh tonnes in 2019-20, 254.63 lakh tonnes in 2020-21, 273.02 lakh tonnes in 2021-22 and 260.58 lakh tonnes in 2022-23.

India imported 19.63 lakh tonnes of pulses

Agrotech, Start ups, Sustainability

First end-to-end Sustainability Program for Rice Cultivation

nurture.farm, India’s leading Agtech startup has rolled out its Sustainable Rice Program for the Rabi’23 season. Hundreds of farmers have pledged & joined the program to lead the change by transforming the way they cultivate rice. The program aims to make the rice value chain sustainable by implementing techniques that streamline cultivation practices, leveraging artificial intelligence & water conserving technologies to help farmers cultivate more from less, creating traceable data sets, improving soil health, and boosting farm productivity to deliver sustainable outcomes for the farmer, the buyer, and the environment.

The implementation of the program is being monitored with the help of agri-industry experts & researchers from the Regional Agriculture Research Station, Marateru under the leadership & guidance of Dr M Bharatalakshmi, Associate Director at the Institute. In addition to the institute partnership, leading ag-industry leaders like Ashish Dobhal, CEO of UPL SAS, are lending their support and guidance, and committing their resources to help make the program a success.

Ashish Dobhal, CEO of UPL SAS, said, “India is the largest producer and consumer of rice, accounting for 21 per cent of the world’s total rice production. The rice cultivation alone contributes to 1.5 per cent of total GHG emissions. Furthermore, rice cultivation requires a lot of water; flooded fields lead to the anaerobic decomposition of soil organic matter, which leads to methane emissions and impacts the soil quality, often leading to the leaching of nutrients and soil erosion resulting in reduced farm productivity. Thus making the transition to sustainable cultivation practices a necessity.
The Sustainable Rice Program is a testament to the core mission of building a resilient and sustainable agriculture ecosystem for a brighter, inclusive and more abundant tomorrow. The program is unique and ambitious as it promises to deliver end-to-end implementation, helping improve yield quality, soil health and acreage, optimise input usage and water consumption, shorten crop cycles, boost farm productivity, and reduce the cost of cultivation while ensuring profitability and measurable sustainable impact on GHGs.”

First end-to-end Sustainability Program for Rice Cultivationnurture.farm,

Company News, Herbicides, India

The addition of the trademark GRAMOXONE® to Crystal Crop Protection’s portfolio will play a vital role in extending its reach to more farmers across India and is expected to contribute significantly

Crystal Crop Protection Limited, one of the fast-growing R&D-based crop protection manufacturing and marketing companies in India, has announced the acquisition of the trademark GRAMOXONE® for use in the Indian market, from Syngenta, a global leader in agriculture.

With increasing herbicide adoption of an impressive 15-20 per cent in the last decade, farmers have been open to using innovative methods for increasing crop yield. A paradigm shift from manual weeding to the use of herbicides is expected to enhance agricultural production in India significantly.

Ankur Aggarwal, Managing Director of Crystal Crop Protection Limited, stated, “In a pursuit to improve protect yield and increase profits for farmers, herbicides have become the fastest-growing segment in crop protection. The acquisition of the trademark GRAMOXONE® represents a significant step forward in our pursuit of expanding our footprint within the herbicide category. GRAMOXONE® is a widely recognised trademark in the broad-spectrum herbicide category.”

The addition of the trademark GRAMOXONE® to Crystal Crop Protection’s portfolio will play a vital role in extending its reach to more farmers across India and is expected to contribute significantly. Crystal Crop Protection’s non-selective herbicide portfolio already features industry-leading brands.

The addition of the trademark GRAMOXONE® to Crystal Crop