Agriculture Industry News

This section contains News and updates from different agriculture industries like product launch, new appointment etc.

• Govt. of Maharashtra and World Bank Launches SMART AgTech Integration Facility 2022

  The SMART Agtech Integration Facility 2022 is supported by a grant from the Korea World Bank Partnership Facility (KWPF), a collaboration between Korea’s Ministry of Economy and Finance (MoEF) and the World Bank.…

• UPL Reaffirms its Commitment to the Betterment of the Farmer Community

  UPL has been educating farmers for the last five years, on the appropriate storage of harvested grain. Farmers are made aware of the scientific methods of storing their grains with a live demonstration at their doorsteps.…

• PATS & Biobest Make Data-driven Crop Protection Accessible

  "Biobest is a firm believer in data-driven cultivation and the numerous advantages it will provide to growers. This new collaboration with PATS will prove to be a winning combination. With this information, our advisors can provide even more tailored advice, strengthening the IPM programme while…

• IG International & Biotech Consortium Sign Agreement for Propagation of 2.5 mn Rootstocks for Variety of Fruits

  Indian agriculture biotechnology will be able to establish itself as a global leader in the export of planting materials. Biotech Consortium India Limited (BCIL) is a public limited company, promoted by the Department of Biotechnology (DBT), Ministry of Science and Technology, Government of India and…

• Corteva Launches 'Zorvec Encantia,' a New Generation of Potato Fungicide

  Zorvec Encantia has multiple effects on a pathogen's life cycle, resulting in improved efficacy and duration of control. It also protects leaves as they grow and expand, enhancing the protection of new foliage even if it has not been treated.…

• Ninjacart to Launch Agri Supply Chain Platform in Q2 to Benefit Stakeholders

  Ninjacart plans to invest in cutting-edge technology to accelerate its ecosystem. This will help us strengthen our position as a one-stop shop for all of the needs of farmers, retailers, small businesses, and kirana (grocery) stores.…

• BigHaat Plans to Onboard Over 1 million Tamil Farmers in 2023

  BigHaat recently launched its mobile application in Tamil, allowing the State's farming community to access products and services on the platform as well as receive personalized advice in the local language. Previously, the app was only available in Telugu, Hindi, and English.…

• Ransomware Attacks AGCO, a Farm Machinery Giant

  AGCO issued a brief statement on its website confirming the ransomware attack and confirming that it is still affecting some of its production facilities. The company is currently investigating the scope of the attack, but business operations are expected to be disrupted for at least…

• Syngenta Collaborates with Jai Kisan to Provide Quick Credit to Small Farmers

  Syngenta India's chief sustainability officer, KC Ravi, told that an agreement with Jai Kisan was signed under Syngenta's farmer-friendly Krishi Mitra Program. The agreement calls for a one-year pilot project.…

• NCDEX Plans to Launch Futures Trading in Coffee by End of June

  Coffee futures were introduced by the National Multi Commodity Exchange (NMCE) in 2005, and NCDEX's competitor Multi Commodity Exchange followed suit in 2007. Both futures, however, had to be cancelled due to insufficient interest.…

• Agribazaar Signs First Online Deal to Export 50,000 Tonnes of Wheat to Turkey

  All quality parameters have been mutually agreed upon by buyers and sellers, he said, adding that other countries, particularly those from West Asia and Europe, are making inquiries through the Agribazaar portal.…

• ReshaMandi Invests in Healios Wound Solutions, a Silk Protein-Based Skincare Brand

  According to ReshaMandi, the investment will allow Healios to expand its silk protein-based skincare range and market it to a wider audience looking for natural, sustainable, and environmentally friendly skincare products. However, no information about the investment was provided. ReshaMandi invests in silk protein-based skincare…

• FMC Corporation Obtains Pre-suit Injunction for Patent Infringement in China

  The principles decided by the Court are also significant for future infringement actions, as being one of the very few cases anywhere in China where a trial court has granted pre-suit injunctive relief under the China Patent Law and standards outlined by the Chinese Supreme…

• MK Agrotech & WeCare Collaborate to Increase Edible Oil Production

  India is the world's second-largest producer of groundnuts, but our productivity is only a third or fourth that of China and the United States. Prior to the introduction of Palm or Sunflower oil to South India, groundnut oil was the most commonly consumed oil in…

• Hortifrut & IG Berries Join Forces to Create a New Partnership in India

  This is a unique and synergetic partnership comprised of Hortifrut as the global leader in blueberry production and marketing, IG Berries with a strong supply chain and world-leading MBO blueberry genetics.…

• VST Tillers Tractors Achieved EBIDTA of Rs 36.58 Crore in Q4

  VST Tillers Tractors is engaged in the manufacturing of power tillers & tractors. The company sold a total of 2602 units of power tillers & tractors in August 2021 as compared to 2638 units sold in August 2020.…

• Arya.ag, An Agritech Firm Ends FY22 on a Record High

  The increased uptake in its digital lending solutions was immensely influenced by the launch of the Insta-loan disbursement bouquet of services for farmers that simplifies and optimizes the lending process and end-user experience in gaining access to financial services.…

• Bharat Certis Launches Soil Testing Facilities for Farmers

  Officials from the company will train farmers on the proper method of soil sampling and how to use the information on the soil health card to ensure balanced fertilizer use. Balanced fertilizer use, as is well known, is the first step toward scientific agriculture.…

• Eicher Tractors Launches PRIMA G3- Premium Range of Tractors for Next-Gen Farmers

  The new PRIMA G3 boasts a new-age design with its distinct aerodynamic hood, that makes a unique style statement and offers easy access to the engine with its one-touch front-open, single-piece bonnet.…

• AGCO to Launch Digital Capability Centre in India

  This digital capability centre (DCC) will leverage India's talent pool and diverse startup and academic ecosystem to conceptualize, develop, and test innovative capabilities that will accelerate the country's technological modernization and digitization journey.…

• Coromandel International to Acquire 45% Stake in Senegal firm for Rs 225 crore

  Coromandel is one of India's largest phosphatic fertilizer players, with a diverse range of agri-products to meet farmers' needs. The company is expanding its agricultural presence with the increased use of complex fertilizers.…

• Zomato CEO Pledges ESOP Worth Rs 700 Cr to Zomato Future Foundation

  The foundation will also provide higher education scholarships to children who demonstrate exceptional performance and potential. In the event of an accident on the job, all Zomato Delivery Partners' families will be provided with educational and livelihood support, regardless of service tenure.…

• FarmRise & IRRI Collaborate to Provide Agronomic Information and Advisory to Paddy Farmers

  FarmRise and IRRI are collaborating to offer IRRI’s nutrition advisory to the farmers. IRRI’s Rice-Wheat Crop Manager (RWCM) provides a farmer with personalized crop management recommendations for rice and wheat grown in both rainfed and irrigated rice-wheat cropping systems.…

• VKC Nuts Launches ‘BACTOPURE,’- 99.99% Bacteria-Free Range of Nuts & Dry Fruits

  VKC Nuts is the pioneer in the industry to bring the technology of pasteurization to India. The company has been recording a growth of 25% – 35% year-on-year and is aiming to touch an INR 1500 Crore turnover by the year 2023.…

• SatSure Acquires ‘CropTrails’- a Farm Management Tool

  CropTrails is currently used by contract farming companies, FPOs, and microfinance institutions throughout India, Southeast Asia, and Africa. SatSure did not reveal any details about the acquisition.…

• Escorts Domestic Tractor Sales Increases by 20% to 7,676 Units in April 2022

  According to Escorts Agri Machinery, Due to the current global geopolitical environment, better crop price realization as compared to the Minimum Support Price (MSP), prediction of normal monsoon with the likelihood of good rainfall in June and July, and possible timely sowing this year.…

• IG International Formed a Joint Venture with Aatreyas to Adopt Best Cultivation Practices

  The tunnel system will be used to grow fruits and vegetables in a protected environment. By 2024, the newly formed company hopes to reach a revenue of Rs. 100 crore, as well as expand into international markets by becoming "one of the world's largest tunnel…

• TAFE Signs a MOU with Small Farmers Agribusiness Consortium (SFAC)

  Farmers can use JFS to rent tractors and implements from nearby providers without incurring any service fees. JFS is available in select districts across 16 Indian states. JFarm Services is committed to the economic well-being of Indian farmers and shares TAFE's vision of Cultivating the…

• Samunnati Crosses Cumulative Disbursement Amount of INR 37 Crores for Its Instant Pre-approved Loans

  Samunnati, being an ecosystem player has been involved at the grassroots level in response to the challenges faced by the agri practitioners during the tough times of the pandemic. The Instant Pre-approved Loan (IPL) has introduced instant financial support and aims at providing financial aid…

• Ambuja Cement Foundation’s Adopted ‘Mangi Village’ Becomes Smart Village

  Apart from 100% toilet facilities and concrete roads, Mangi is also equipped with an RO plant, a solid waste management system, an outdoor gymnasium and also a village Reading Room. Recently a Village Agriculture Resource Centre was set up, providing farming advice to village farmers…

• BASF Opens Its New Center for Sustainable Agriculture

  Farmers, consumers, and anyone with questions about agriculture can come to the BASF Center for Sustainable Agriculture for information, and conversation, and to expand their knowledge on topics that are driving sustainable agriculture forward.…

• Teamonk Secures Rs. 3.5 crore in Pre-Series A Round led by Inflection Point Ventures

  Consumers are increasingly turning to organic and healthy tea beverages for their taste and health benefits, which include antioxidants, immunity boosters, skin enhancement, anti-aging benefits, increased mental alertness and concentration, and much more.…

• Samunnati Sees a Critical Need for Working Capital for FPOs

  It stated that its new product, Samunnati Instant Pre-approved Loans (Sam IPL), which targets FPOs and farmer collectives, has received a positive response. The loans, which are available without the need for collateral, have a maximum loan amount of 5 lakh and are available through…

• How This Agritech Startup in Bengaluru is Automating Farming

  CultYvate also develops smart fertigation systems, which involve injecting fertilizers, soil amendments, water amendments, and other water-soluble products into an irrigation system, as well as greenhouse automation techniques. It collaborates closely with the Indian Institute of Science (IISc), the Indian Institute of Technology (IIT), the…

• Dehaat Acquires Majority Stake in Y-Cook India in All-Cash Deal

  Shashank Kumar, Co-founder and CEO of DeHaat, stated that the acquisition is in line with DeHaat's expansion plans, which aim to provide significant price benefits to farmers while also assisting them in providing a better value proposition.…

• Permitting Pooled Data for Registration To Help Bio-Stimulant Industry Immensely: AIM

  AIM has proposed to the government authorities to accept this pool data so that the small to medium industries can use this data and keep their business prospects alive.…

• Godavari Biorefineries Plans to Expand its Sakarwadi Biochemical Unit

  GBL's Sakarwadi plant uses ethanol and rectified spirits to produce specialty chemicals such as bio-ethyl acetate, MPO, 1,3 butylene glycol, crotonaldehyde and paraldehyde, as well as commodity chemical ethyl acetate.…

• Nichino India Introduces Insecticide ‘Orchestra’ to Control Brown Plant Hopper in Rice

  This product, dubbed Orchestra, controls BPH effectively and selectively while not harming beneficial insects, according to Tomooka Naohiro, Managing Director of Nichino India, in a statement issued on Thursday.…

• Nestle India Invests in Planet Through Sustainable Operations Across Value Chain

  The focus is on training farmers in good agricultural practices, helping them produce safe, high-quality raw materials, and developing resilient and sustainable farms. In addition to dairy farmers, Nestlé India has also been working closely with spice and coffee farmers, enabling them to source sustainably.…

• ‘Cropin’ is Using Data Lakes to Democratise Agricultural Data

  Cropin has developed an artificial intelligence-enabled platform that uses satellite imagery, weather, and ground data to forecast farm performance around the world. The model has already been used at scale to predict a variety of crop parameters, such as crop detection, crop health and stress,…

• Eeki Foods, an Agritech Startup, Raised $6.5 million in Series A

  Their patent-pending IoT control mechanism, which is used on farms, makes operations more cost-effective and reduces the need for manual labour. Eeki claims that the yield from its farms has increased by 300 percent while using 80 percent less water.…

• SA Redsun Dried Fruit and Nuts Secures an Investment of US $8m from Norfund

  South Africa is the world's third-largest producer of pecans, but it lacks a major pecan wet cracking facility due to historically low pecan production making wet cracking unprofitable.…

• Google & nurture.farm Announced Research Collaboration to Develop Solutions for Measuring Soil Quality on Large Scale

  This method of soil testing, once established in a scalable manner, will help extend soil testing services at affordable costs to farmers across India and guide them towards ways to improve soil health, select suitable crops, input products and operating practices, resulting in higher yields…

• NCDEX Maintains Agri Derivatives Leadership; FY22 ADTV up 47% to Rs. 1,858 Crores

  India’s agricultural landscape is witnessing a rapid change with exports crossing the $50 billion mark in the last year. The country being increasingly looked upon as a key sourcing hub for a number of farm products.…

• West Bengal Mandates Leads Connect for Assessment & Demarcation of Flood Prone Areas

  Prior to bagging this project, the organization has worked with nodal agencies such as Mahalanobis National Crop Forecast Centre (MNCFC), Agriculture Insurance Company (AIC), and NABARD Consultancy Services (NABCONS) for research-based projects related to yield estimation, crop cutting experiments (CCE) and mapping agricultural infrastructures respectively.…

• IG International Join Hands with RK Growers for Production of Superior Fruit Varieties

  The objective to join forces is to become the world's leading fruit genetics firm on multiple cultivars firstly kiwis, grapes, apples, and many others. The inked alliance would assist in carving India's place on the world map as a hub for best-of-breed kiwifruits.…

• Escorts Increases Tractor Prices from 20 April

  The Escorts Group is an Indian engineering firm that specializes in agri-machinery, construction, and material handling equipment, as well as railway equipment.…

• Agritech Startup Kisanserv with 10Cr Seed Crossed 50 Cr ARR & Inching Towards 100Cr

  The company has developed mobile apps for farmers for their better understanding of market prices, elimination of middlemen and establishment of a direct connection between producers and consumers to avoid margin leakage, better profits and empowerment of stakeholders.…

• F2C Indian Startups Working to Create Transparency & Access in Food Supply Chain

  Transparency and traceability of food have become major concerns for consumers as healthy living and wellness have become an integral part of urban lifestyles. This shift in consumer preferences, particularly post-Covid, has resulted in the emergence of a slew of F2C Agritech startups that facilitate…

• Ergos GrainBank Aims to Generate Revenue of 1,800-2,000 Crores by 2023 by Connecting Half a Million Farmers

  It enables farmers to convert their grains into tradable digital assets, avail credit like an overdraft facility against those assets through partner Banks and NBFCs in a few minutes, and get better prices for their produce with a scope to optimize their income by 30-40%…