The seed industry in India is expected to grow at a CAGR of more than 12 percent by 2028, surpassing a market size of $12 billion. As agriculture gets commercialized and private and public sectors come together, the seed industry is undergoing a revolution. New technologies such as hybrid breeding are being adopted to enhance crop yield and the government is supporting farmers with new initiatives. However, the farmers looking to buy seeds continue to have some key expectations from seed companies. They expect the seeds to be free from diseases and contaminants and seek varieties that can flourish in their specific region. In addition, they want the seeds to have a track record of high yields and resistance to pests.
This is where Vardaan Biotech (VBL) comes into the picture to fulfill these expectations of farmers. VBL offers an extensive range of improved varieties/hybrids of various crops, supported by efficient, cost-effective seed production technologies. It provides an extensive range of hybrid as well as licensed products with clear specifications of the expected yield.
It also conducts new product evaluation trials continuously to select the most suitable product for every specified agro-climate zone in the country. Owing to its proven standard of quality, the company was awarded with ‘Fastest Growing Indian Company Excellence Award’ in the year 2017. “We are working on a pan-India basis having our existence in more than 11 states and continuously making strides towards expanding our reach domestically and even globally in the upcoming years,” says Lokendra Singh Rajput, Managing Director of the company Leveraging his agricultural knowledge, academic qualifications, and astute business acumen, Lokendra has rapidly established himself and the company in the seed industry. He is a first-generation entrepreneur, leading the company to achieve recognition, including the 'Fastest Growing Indian Company Excellence Award' and 'Outstanding Achievement Award for Business Excellence.'
One-Stop Hub for Hybrid Seeds
The company's reach is strategically diversified across all four zones in India: East, West, North, and South. This comprehensive coverage offers a strong shield against uncertainties and natural calamities, ensuring that VBL's business remains unaffected by unforeseen events or natural disasters in any specific zone. Providing a wide range of hybrid seeds to dealers in one place offers significant opportunities for business expansion daily. VBL has partnerships with over 800 dealers in the seed industry nationwide. Among them, several dealers boast turnovers exceeding Rs.50 Crore, which not only benefits VBL’s business but also opens up avenues for its further expansion.
VBL has achieved its current position by overcoming several challenges. Its business relies heavily on natural climate conditions, leaving its seeds vulnerable to weatherrelated challenges that directly impact crop production. But VBL effectively manages these situations.
Moreover, to operate across states, the company must secure government approvals, which is a complex process. Each hybrid seed variety must go through three years of trials in every state for licensing.
Maintaining the product range is demanding, with each hybrid variety requiring tailored care based on geographical, climatic, and yield factors. By building enduring dealer relationships, VBL has been able to assure dealers about its diverse product range for longterm partnerships.
“At Vardaan Biotech, we prioritize teamwork, fostering a positive environment that fuels our business growth and adds value for all stakeholders. This synergy has been the foundation of our continuous expansion from day one. We cultivate an atmosphere that empowers teams to excel in their respective roles by promoting a culture of continuous learning and development. Presently, our workforce, comprising over 100 dedicated members, is the driving force behind our growth. Our leadership team has extensive experience in the seed and crop production industry, further supporting our journey,” adds Lokendra Singh Rajput.
Nurturing Agricultural Innovation
In recent years, an intensified focus on Research & Development (R&D) and innovation has led to remarkable gains in productivity. This progress has, in turn, secured a plentiful and safe food supply for our ever-expanding population. VBL has a dedicated R&D team that places a strong emphasis on developing products that cater to the diverse needs of farmers across the country. Comprising committed breeders, this team relentlessly pursues excellence in its products, from the field to transit, and ultimately in the market. The company’s primary focus lies in the development of high-quality hybrid and variety seeds, including cereals, oilseeds, pulses, and vegetables. VBL's cutting-edge R&D unit, situated in Telangana, boasts state-of-the-art facilities, including well-equipped greenhouses and a sophisticated biotechnology laboratory.
VBL's commitment to quality is exemplified through its Reassurance Lab, ensuring adherence to high-quality standards in the fields and rigorous testing. The firm focuses on enhancing the quality of hybrid and varietal seeds for cereals, vegetables, pulses, and oilseeds, tailored to diverse climates. Its unwavering dedication guarantees top-notch nutrition products for improved crop and soil health. To drive these efforts, VBL's team comprises highly qualified, experienced breeders and scientists, leading its research activities in plant breeding. This commitment to quality and innovation underlines its pursuit of excellence in seed production.
We are working on a pan-India basis having our existence in more than 11 states & continuously making strides towards expanding our reach domestically & even globally in the upcoming years
The Growth Journey
In 2004, Vardaan Seeds and Agritech was established as a Sole Proprietor Firm by Lokendra Rajput with an initial capital of Rs. 1,00,000. Originally, it served as a bulk seed supplier to larger companies, emphasizing quality for the local market. In 2007, with a vision to expand nationally and internationally, the company established its brand and incorporated Vardaan Biotech under the Companies Act, 1956. In 2015, the company expanded to Hyderabad, focusing on hybrid seed research and development. VBL is today a leading seed company in Madhya Pradesh, known for its quality and profitable farming solutions, with offices in Ujjain, Madhya Pradesh, and Hyderabad, Telangana. Notably, the company achieved the milestone of converting from a Private Limited to a Public Limited company on June 15, 2021.
Today, Vardaan Biotech collaborates with a vast network of over 10,000 farmers, 800 dealers, distributors, seed organizers, industry dignitaries, delegates, and business partners. The company is dedicated to further expanding its presence, both domestically and internationally, in the coming years. The robust national dealer network in the seed industry serves as a significant advantage, fueling the company's ongoing growth. Geographically, VBL has extended its operations to key regions in the Indian seed industry, including Madhya Pradesh, Uttar Pradesh, Telangana, Maharashtra, Rajasthan, Gujarat, Haryana, Bihar, Jharkhand, and Chhattisgarh. As a leading seed company in Madhya Pradesh, VBL is on a global expansion trajectory, with a focus on setting industry benchmarks in India.
Empowering Farmers
Since its inception, VBL has been dedicated to enhancing farmer productivity, enabling higher crop yields per acre through innovative research-generated seeds. The company has consistently focused on introducing new hybrids in vegetables, oilseeds, and grains, offering superior quality and increased yields. Leveraging modern technologies, VBL develops hybrids with enhanced resistance to pests and diseases, ensuring adaptability. Going forward, the company aims to become a leading seed player, expand globally, improve production quality, empower farmers, and maximize stakeholder value. Its mission involves restructuring the agricultural environment through research, development, and workforce development while providing affordable and superior hybrid seeds. It also plans to educate farmers and offer free soil and irrigation water testing.
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