Looking at immense scope in crop protection market, global chemical company, BASF has entered crop protection sector in India for rice.
HYDERABAD: Looking at immense scope in crop protection market, global chemical company, BASF has entered crop protection sector in India for rice.
The company said in a statement that rice farmers in India will be able to boost productivity and income with the help of BASF crop protection solutions, now available in the country for the first time.
“Our aim is to help India’s rice growers realize their full potential. We will dedicate BASF’s expertise in modern, sustainable farming to the needs of the Indian rice growing community,” Markus Heldt, President of BASF’s Crop Protection division said at launch event in Hyderabad today.
Rice is India’s most important food crop, with more than 100 million metric tons produced per year, according to United States Department of Agriculture.
Quoting United Nations Faostat (latest data from 2013) and World Rice Statistics Query Results (IRRI Data), the company said, “Furthermore, India is a substantial exporter of rice to the global market, exporting over 10 million metric tons per year with significant opportunities to further increase output.”
“With our new offerings for rice in India, we are strengthening our contribution to meeting the growing demand for farming technologies in India, one of the largest agricultural markets in the world,” Heldt said.
With this launch, BASF provides comprehensive solutions that effectively manage major rice diseases, weeds, and pests, while meeting consumers’ expectations for healthy, high quality food.
These include the fungicides Seltima and Adexar, which combat a number of tough rice diseases including sheath blight and blast.
Seltima is a BASF AgCelence fungicide, which not only controls diseases, but also delivers higher yields. BASF’s herbicide Basagran will also be launched in India, solving difficult weed challenges for Indian farmers.
In the next three years, additional products will be launched in India to meet growing needs for modern farming solutions, including state-of-the-art herbicides, fungicides and insecticides.
The company is constantly looking for new active ingredients that can control crop pests in unique ways.
BASF established its Agricultural Research Station in Pune in 2015, with a focus on local and global agricultural research. The company also operates a global research and development center at its Thane site in Navi Mumbai, India, focusing on organic synthesis, advanced process and formulation research, discovery chemistry for modern agricultural solutions, and molecular modelling. Worldwide, BASF invests around €500 million on crop protection research per year.
“With initiatives like Make in India, Smart Cities, and Swachh Bharat, India today is all about rapid, sustainable development. That means enormous growth in the demands of the population for better food, housing, and mobility as well as clean food, water and air. This provides huge opportunities for the chemical industry as well as BASF. And, BASF is investing actively in India to realize these opportunities,” Dr. Raman Ramachandran, Chairman of BASF Companies in India said.
The BASF group has invested nearly €300 million in India over the past four years in both manufacturing and innovation, supporting local industries including scientific agriculture and food manufacturing, sustainable transportation, pollution and emissions control, and energy-efficient buildings and infrastructure.
It employs a dedicated team of nearly 200 crop protection experts in India to ensure market proximity, and is one of India’s leading providers of advanced crop protection solutions, covering all major crops, including soybeans, corn, cotton, wheat, fruits, vegetables and now rice.
Caption: (From left to right) Rajendra Velgala, Crop Protection South Asia, Markus Heldt, President, Crop Protection, BASF, Raman Ramachandran, CMD, BASF India Ltd, Gustavo Palerosi Carneiro, Senior VP, Crop Protection