ACFI demands sops to set up agrochemical manufacturing hubs
India’s agrochemical exports nearly treble in 10 years to $3.3 billion in FY25, according to ACFI-Deloitte Report
India’s agrochemical exports nearly treble in 10 years to $3.3 billion in FY25, according to ACFI-Deloitte Report
Appreciates Budget’s focus on productivity, self-sufficiency, and rural job creation
Streamline registration process for new agrochemical molecules and reduce GST to 5% on agrochemicals from 18%
In February 2023, Indian Chemical News (ICN) took the first initiative of bringing all agrochem industry associations under one platform during AgroChem Summit
ACFI wants extension of data protection to new molecules registered in India so that farmers can avail the latest technology and molecules at competitive cost
India uses just a one third quantity of crop protection chemicals per hectare in comparison to China
The drone survey helps to boost crop yields and minimize time of application and expenses on agriculture inputs.
The Bill doesn’t address the issue of bringing newer and better molecules in India.
As per draft order, Indian Govt has proposed to limit sale of glyphosate herbicide to only those who are involved in pest control operations.
Legal clarity, data-driven claims, integrated pest resistance strategies, and rising consumer demand are pushing biologicals into the spotlight but the road to scale remains steep
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