According to a recent research report, the Indian Agrochemicals market size is anticipated to reach USD 8.1 billion by 2025. India contributes to nearly 10 percent of the global agrochemical industry today and today it is one of the fastest-growing markets in the world. Agriculture is the backbone of the Indian economy as it provides livelihood to 70 percent of the population. India has a huge land area under cultivation with wide ranges of crops grown throughout the country. However, in India, the consumption of pesticide is very low currently at 0.65 kgs per hectare in comparison to 3 kgs per hectare in developed countries resulting in low yield per hectare.
Considering the current global population scenario, it is highly imperative to increase the production of crops to provide food for the global population. Therefore, agrochemicals play an important role in the agriculture industry, assisting farmers in enhancing their crop quality as well as quantity.
Today, there are a large number of formulation manufacturing companies present in the country but only a few technical manufacturers. The supply of technical products always remains a challenge for the industry as it not only requires huge investment but involves other regulatory challenges.
This is where Delhi (NCR) based Agrow Allied Ltd. comes into the picture. Agrow Allied Ltd.'s focus has always been on manufacturing and providing the best quality of technical products at the most competitive prices. As a strong technical and formulation manufacturing company, Agrow Allied Ltd. offers a diversified range of products in the agrochemicals industry, which includes herbicides, insecticides, and fungicides to cover all crops and seasons. Established with a vision to revolutionize the agricultural sector, Agrow Allied Ltd. addresses the various challenges of the farmers by offering more than 15 active technical products and nearly 200 formulation products. With its advanced and persistent innovation in technology and a state-of-the-art manufacturing plant, the company has emerged as one of the leading manufacturers of Crop Protection Chemicals.
State-of-the-art Manufacturing Facility
Agrow Allied Ltd. with its state-of-the-art manufacturing plant manufactures specialized and generic technical and formulation products.
The sophisticated and modern production facility of the company comprises the top-of-the-line fully pre-programmed machinery for technical synthesis and formulations.
Agrow Allied Ltd.’s current technical manufacturing capacity stands at 20,000 mts annually with a diversified product portfolio. Also, it is one of the world’s largest manufacturer of herbicide named 2,4-D Series (Acid/Amines/Salt and Esters) with a capacity of 12000 mts. The other strong technical portfolio of Agrow Allied Ltd includes Herbicides products such as Metribuzin/ Clodinafop Propargyl Chloride/ Bispyribac Sodium/Atrazine/ Pretilachlor/ Glyphosate, Insecticides such as Dinotefuran/Thiamethoxam/ ambda Cyhalothrin/Bifenthrin/ Thiamethoxam/Diafenthuron and Fungicides such as Tricyclazole/Metalaxyl/Thiophanate Methyl.
“Our formulation plant is well-equipped to manufacture all kinds of liquid/powder and granule formulations. We currently produce more than 200 formulations in all kinds of packaging sizes starting from 5gms to 1000 kgs as per the market requirements. Our company’s expertise lies in the formulation combination products as they are the future of the industry,” says Rakshit Sehgal, Managing Director, Agrow Allied Ltd.
Key global player in the agrochemicals industry
Agrow Allied Ltd. is not only a leading manufacturer of crop protection chemicals in the country but is also one of the key global players in the agrochemicals industry. Agrow Allied Ltd exports contribute over 40 percent of the top line with its presence in more than 60 countries with 3 International offices.
Currently, more than 50 percent of the company’s revenue is from herbicide products followed by 30 percent of revenue by insecticide and 20 percent by fungicides. Herbicides are the fastest-growing segment of agrochemicals owing to the increasing cost of labor. Agrow Allied Ltd. will be continuously investing in new herbicides for multiple crops and pests to meet the market requirements.
With its advanced and persistent innovation in technology and a state-of-the-art manufacturing plant, the company has emerged as one of the leading manufacturers of Crop Protection Chemicals
Agrow Allied Ltd. is GMP, ISO 9000 / 14000 /18001 certified and has also been recognized as “STAR EXPORT HOUSE” by the Government of India. Moreover, in 2019, Agrow Allied Ltd. was awarded the” Company of Year” and “Export Company of the year” awards by the industry.
The strong R&D facility and pool of talented and experienced marketing and registration teams who work day and night are the driving force in making the company a world leader. “Our R&D team is continuously working to achieve better quality and yields in our plants. We are further investing in new chemistries, product, and process development. Our company will be introducing 5 new depatented products in the next 2 years in our product range which will significantly impact the top line and bottom line for the company,” affirms Rakshit.
The Road ahead
Having carved a niche for itself in this landscape, Agrow Allied Ltd. is collaborating with multinationals as a strong source of supply for their global markets. The company has maintained a CAGR of 35% in the last three years and is confident to keep the pace going. Not just that, Agrow Allied Ltd. is continuously investing in the manufacturing and launching of new products and in increasing its manufacturing capacities.
“Moving ahead, we expect multiple new registrations from various new and existing export markets, as our target is to achieve a minimum of 50 percent of the revenue from exports. Also, we are in the process of developing the local dealer distribution network to reach millions of farmers directly with our quality products,” concludes Rakshit Sehgal.
