The Global Crop protection chemicals market size is estimated to be valued USD 63.7 billion in 2020 and is projected to reach a value of USD 74.1 billion by 2025, growing at a CAGR of 3.1% during the forecast period. The growth of this market is attributed to the increasing need for food security of the growing population. With the limited availability of land for crop cultivation, the producers are looking to increase their yield per hectare for more produce and in order to do so, the use of agrochemicals’ consumption is bound to increase. Agrow Allied Ventures Ltd. is a Gurugram based Company, established with a vision to revolutionize the agricultural sector and protect the menace faced by the farmers due to weeds, insects and pests. Agrow Allied is renowned for its quality Crop Protection chemicals. With more than 15 active technical products, 200 formulations and 50 combination products, Agrow Allied has emerged as one of the leading manufacturers of Crop Protection chemicals in India.
Offering A Gamut Of Products
Today, farmers are losing a significant part of their income since their crop and produce are attacked by pests and weeds. India’s per hectare consumption of pesticides is significantly lower than countries with high yield. The per hectare consumption in India is 0.6 kg as compared to China’s 17 kg, Japan’s 12.5 kg, Germany’s 3.7 kg, France’s 3.7 kg and UK’s 2.8 kg. Following this trend there will be continuous growth of consumption of pesticides and crop protection chemicals. Quick enough to cash on this growing market, today, Agrow Allied is offering wide range of products. Agrow Allied’s flagship offerings include 2,4-D Series (Acid /amines / ester and salts ) which is the world’s third largest selling herbicide. Agrow Allied’s current capacity of 2,4-D is 12,000 mts which will be increased to 18000 mts in next two years.
In herbicides, other strong technical products offered by the firm are Metribuzin, Bispyribac Sodium, Pretilachlor, Clodinafop, Penoxsulam and Quizalafop. Technical Insecticides includes Thiamethoxam, Lambda Cyhalothrin, Bifenthrin,
Diafenthuron and Technical Fungicides that include Tricyclazole, Tebuconazole, Hexaconazole and Thiophanate Methyl. Agrow Allied has very strong R&D team who are continuously working to develop new process and enhance the quality of the Company’s products. Agrow Allied willsoon launch new de-patent products like Chlorantraniliprole, Flonicamid, Dinotefuron and Pinoxaden which will further strengthen the company’s product portfolio.
Adding to these, the Company is also renowned for its state of the art formulation plant formulating all kind of products like liquid, powder and granules (EC/ SL/ SC/ZC WP/EW/WDG). The Company is specialized in manufacturing combination products as per the requirements of markets. “Today, every market has different needs, and we try to meet the requirements of our farmers throughout the world. With the unique set up at our plant, we have annual Technical capacity of 20,000 mts and Formulation plant has annual capacity to pack 10,000 Kl liquid, 4000 tons powder and 3000 tons granule formulations. Our plant is capable of handling many typical chemical reactions as per product requirements.
Being a IS0 9000 and ISO 14000 certified company along with NABL lab approved by government of Indian, our company operates with world class laboratory with sophisticated equipment. We also have a strong R&D team working day and night to ensure that our Company delivers best quality products to our customers. Our inhouse pilot plant develops new process and to improve quality of our existing product. Having emerged as a global leader for our quality manufactured products., today, we can proudly say that the products our company is manufacturing can strongly compete with China”, says Rakshit Sehgal, Managing Director, Agrow Allied Ventures.
Also with a vision of our honorable PM to double farmers income, agrochemical industry will be playing a very vital role.
Towards A Promising Future
With its strong customer base in global and India market, Agrow Allied is exporting its products to more than 60 countries across North America/ LATAM/ Africa/ Middle East, Australia and South Asia. The Company has continuously invested in GLP data’s to register its products globally. Today, Agrow Allied holds nearly 350 global registrations and has more than 500 registrations in pipeline which it is expecting to come soon. “For the years to come, we are looking forward to invest in new depatent products which will improve the company’s bottom line further.
We also have strong partners in many countries who are further distributing our products at farmer level. In India as well, we have customer base of more than 200 corporate business partners to whom we are serving our quality products. We are also packing finished products for multinationals in their brands which are a long term contracts. We are not only planning to increase global presence, but we are also looking to develop dealer distribution network to reach millions of farmers directly. Adding to this, our company is further launching its own brand portfolio with dealer / distribution network by 2022”, signs off Rakshit Sehgal.
The company has maintained a CAGR of 35% yoy basis and has plans to continue to do so in the coming years, with its exports contributing to nearly 50% of companies topline. Agrow Allied is present in more than 60 countries today with 5 global offices strategically located. We have long term contracts with multinationals for existing and new products in pipeline that results into continuous capacity expansions.