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Indian tractor demand is expected to grow at 10-12 per cent in the current fiscal but it will moderate to 4-5 per cent in 2019-20. The industry has maintained a healthy year-on-year growth of 14.7 per cent during April-October 2018. The tractor industry has registered a strong volume growth over last three years and Icra […]

Digital farming is slowly entering Indian farms, with some companies already having introduced technologies that measure land moisture and sprinkling water. And now, German MNC Bayer Crop Science has outlined its vision and plan for the future of agriculture in India using its digital tools. Land mapping through satellite to estimate crop is already happening […]

Bengal’s state agriculture marketing department has decided to build a Sufal Bangla Mall in Rajarhat, close to IT hub of Salt lake to sell crops grown using organic fertilisers.. Hub will be set up on 15 cottahs of land and will cost Rs.16 crore. It would be inaugurated on August 31 with the opening of […]

4 years after building a new agricultural marketing yard on the outskirts of the city, authorities finally managed to shift only 40% of traders from the old yard in Yeshwantapur to the new one. While this has eased traffic around the busy Yeshwantapur area, traders who are not happy with the facilities at the new […]

In our previous post, we explored the financial and technical investments governments need to make to develop their agricultural industries. India has made strides in increasing the budget for agricultural investments each year. The government has introduced numerous schemes for agricultural investments in its Five-year plans. However, the government’s large public spending, mostly in the […]

Jaikisan Agriculture Industries is planning to set up a sugar unit at Babhulgaon village, Kandhar taluka, in Nanded district of Maharashtra. The project will have a capacity of 3,500 tccpd and will be built at a cost of Rs 183.59 crore. It will spread over two lakh sq mtr and will also include a 20 […]

State-run STC has contracted to import 14 lakh tonnes (LT) of urea at a price of USD 214-217 per tonne for delivery in July to meet the fertiliser demand during the kharif season beginning next month. The country imports about 80 lakh tonnes of urea annually to meet the domestic demand. Indian Potash (IPL), MMTC […]

Rallis India’s wholly-owned subsidiary Metahelix Life Sciences (Metahelix), has entered into a Joint Venture (JV) with Indonesian local partner for the establishment of a seed production and distribution company viz. PT Metahelix Lifesciences Indonesia. Metahelix will have 49% stake in the PT Metahelix Lifesciences Indonesia. The current paid up capital of the JV entity is […]

The government owes more than Rs 43,000 crore to the fertiliser industry on account of subsidy, Parliament was informed today. Urea is a controlled fertiliser and its selling price is fixed at Rs 5,360 per tonne, with government paying the difference between the cost of production and selling price as subsidy to the manufacturers. The […]