Boosting Crop Care and Nutrition: Rallis India's Strategic Growth and Innovation
India's agrochemical industry plays a vital role in safeguarding food security and enhancing crop productivity for over half of the population that depends on agriculture. As the fourth-largest producer of agrochemicals globally, India faces both opportunities and challenges, with the market projected to reach USD 289.56 billion by 2030. Agrochemicals sector fall into three main categories: Insecticides protect crops from harmful pests. Fungicides combat fungal diseases, crucial for crop health. Herbicides eliminate weeds, ensuring crops thrive. The industry's performance is closely tied to India's agricultural seasons—Kharif (June to October) and Rabi (November to April)—each requiring effective crop protection strategies. The agrochemical sector is showing mixed signals in global demand recovery. While volumes are increasing, lower prices are hurting revenue, and high production from China is squeezing margins. In India, erratic rainfall ha