AfDF invest $99 million for development of rice cultivation value chains in West Africa

27-Nov-2024 - 0 Comments.

The Board of Directors of the African Development Fund has approved initial funding of $99.16 million to develop regional rice cultivation value chains as part of the Regional West Africa Rice Development project.  

BASF India Limited announces Q2 2024-2025 results

12-Nov-2024 - 0 Comments.

BASF India Limited (BSE code: 500042), registered sales of Rs. 42,477.2 million for the second quarter, which ended on September 30, 2024, as compared to Rs. 37,066.0 million in the corresponding quarter of the previous year, representing an increase of 14.6%.

Marut Drones Secures $6.2M to Revolutionize Indian Agriculture

08-Nov-2024 - 0 Comments.

Marut Dronetech Pvt Ltd, a leading Indian drone technology company, has successfully raised $6.2 million in Series A funding from Lok Capital.

20 Million Trees to Absorb Over 400 Million Kgs of Carbon Annually in India 

16-Sep-2024 - 0 Comments.

Generating more than 1.6 million workdays of employment, social enterprise Grow-Trees.com has reached a significant milestone in 2024 by successfully planting over 20 million trees across 23 Indian States.

AfDB grants $260 million loan to strengthen agricultural sector and value chains to Congo

20-Jul-2024 - 0 Comments.

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of $260.4 million to the Democratic Republic of Congo (DRC) to help finance the Project to Support the Development of Value Chains as part of its backing for the Agriculture Transformation Programme (PADCV-PTA).

Arya.ag raises $29 MN in pre-Series D funding from Blue Earth Capital

15-Jul-2024 - 0 Comments.

Arya.ag, India's largest integrated grain commerce platform, today announced that it has raised $29 million (INR 242 crore) in a Pre-Series D funding round.

African Development Fund approves $10 million to scale up nutrition project

22-Jun-2024 - 0 Comments.

The Board of Directors of the African Development Fund has approved an additional $10 million from the Global Agriculture and Food Security Program (GAFSP) to implement activities and scale up the impact of the Smallholder Agriculture Development for Food and Nutrition Security project in Liberia.

Samunnati secures US $16 MN credit financing from Blue Earth Capital

22-Jun-2024 - 0 Comments.

Samunnati, a leading agri value chain enabler, has raised its single largest debt tranche of Rs 133 crores ($16 million) during the first quarter of FY 24-25 from Blue Earth Capital, a Swiss headquartered global impact investment firm.

Precision Agri platform Fyllo raises US $4 MN funding led by IndiaQuotient, SIDBI Ventures

30-May-2024 - 0 Comments.

Agritech startup Fyllo has announced that it has raised $4 million in a fresh funding round led by IndiaQuotient and SIDBI Ventures. Existing investors Triveni Trusts, IAN, and KIAORA participated in the round. 

Fodder ecosystem builder Cornext raises $2.2M from Omnivore

12-May-2024 - 0 Comments.

Cornext, which is building a fodder ecosystem to support dairy cattle farmers, announced today that it has raised USD 2.2 million in a Seed round from Omnivore.

Untapping Opportunities in India's Booming Dairy Sector

15-Apr-2024 - 0 Comments.

As of 2024, India's dairy sector churns out a staggering 190 million tonnes (MT) of milk annually, solidifying its position as the world's largest milk producer.

Alltech release Agri-Food Outlook on global feed production, influential trends in agriculture

02-Apr-2024 - 0 Comments.

Global animal feed production remained steady in 2023 at 1.29 billion metric tons (BMT), a slight decrease of 2.6 million metric tons (MMT) — or 0.2% — from 2022’s estimates, according to the  2024 Agri-Food Outlook, released today by Alltech.

Victorian Green Ammonia Tech gets $4 million boost to revolutionize agriculture

04-Mar-2024 - 0 Comments.

Victoria's commitment to a sustainable future takes a leap forward with a $4 million investment in Jupiter Ionics, a pioneering company developing a revolutionary green ammonia technology. This innovative approach has the potential to transform agriculture by offering a clean, reliable, and regionally produced source of fertilizer.

India Reaches Record Foodgrain Production, Bolsters Climate Resilience with Tech and Strategy

01-Jan-2024 - 0 Comments.

India's agricultural sector is thriving, achieving record foodgrain production of 329.69 million tonnes in 2022-23.

ERGOS raises $10 Million in Series B round led by Aber Nordic, Aavishkaar Capital, and Chiratae Ventures

22-Sep-2023 - 0 Comments.

Indian agritech firm ERGOS has secured $10 million in funding as part of its Series B round, with leading contributions from Aber Nordic, Aavishkaar Capital, and Chiratae Ventures, along with existing investor Trifecta Venture Debt Fund.

Bayer invests EUR 220 MN in cutting-edge R&D facility for regenerative agriculture

02-Sep-2023 - 0 Comments.

Bayer, a global leader in Crop Protection, has made a significant stride in its commitment to sustainable agriculture by announcing a EUR 220 million investment in a state-of-the-art research and development (R&D) facility at its Monheim site.

Indian dairy sector to create 10 million jobs by 2025

01-Sep-2023 - 0 Comments.

The Indian dairy sector is set to create 10 million jobs by 2025, according to a report by the National Dairy Development Board (NDDB). The report said that the growth of the sector will be driven by rising demand and government support.

Omnivore closes $150MN fund to invest in agritech startups that address climate change

27-Jul-2023 - 0 Comments.

Omnivore, an impact venture capital firm focused on agriculture and food, announced today that it has closed its third fund at $150 million. The fund, which was oversubscribed, will invest in early-stage agritech startups and MSMEs in India.

Aavishkaar Capital invests INR 16 Crores in INI Farms

14-Apr-2023 - 0 Comments.

ESG First Fund, managed by Aavishkaar Capital (Aavishkaar), an Aavishkaar Group company and a global pioneer in taking an entrepreneurship-based approach to scaling businesses for impact, and set up in partnership with KfW, a German state-owned development bank, announced their first investment of INR 16 Crores (1.95 Million USD) from the ESG First Fund into INI Farms.

Bayer CropScience Limited reports Q3 results for FY 2022-23

08-Feb-2023 - 0 Comments.

Bayer CropScience Limited (BSE: 506285) announced today its unaudited results for the quarter and ine months ended December 31, 2022.In the third quarter (Q3) of Financial Year (FY) 2022-23, Bayer CropScience Limited (BCSL) earned Revenue from Operations of ₹ 10,379 million, as compared to ₹ 9,901 million in the corresponding period of FY 2021-22.

Climate-smart deeptech firm Ecozen raises $25 mn

27-Jan-2023 - 0 Comments.

Ecozen announced that it has raised $25 million of combined equity and debt capital. 

India’s Rabi acre coverage increased by 2.4 MN hectares

27-Nov-2022 - 0 Comments.

Indian Agriculture and Farmers Welfare Minister Narendra Singh Tomar informed that Rabi area coverage has increased by 2.41 million hectares (24.13 lakh ha) over last year.

SLCM’s agri-financing arm Kissandhan on-boards more than 9600 women loan beneficiaries

15-Nov-2022 - 0 Comments.

Kissandhan, India’s leading Multi Asset Agri Finance NBFC and a subsidiary of the SLCM Group, has on-boarded more than 9600 plus women loan beneficiaries through its BC (Business Correspondent) Partnership Lending Programme and disbursed more than 413.40 Million of loan to them.

Arya.ag invests in computer vision-focused SaaS start-up, Assert AI’s latest USD 2 million fundraising round

09-Nov-2022 - 0 Comments.

Arya.ag, India's largest & only profitable integrated grain commerce platform, has announced a strategic investment in computer vision-focused SaaS startup Assert AI. The development is part of Assert AI's latest fund-raise amounting to USD 2 million and involved participation from Prashant Purker, Ex- MD & CEO of ICICI Venture, in his personal capacity. 

Farm-to-consumer firm, Deep Rooted raises $12.5 MN in Series A from IvyCap & Accel 

22-Sep-2022 - 0 Comments.

Deep Rooted, India's leading farm-to-consumer (F2C) brand for fruits and vegetables has announced that it has raised US $12.5 million in Series A funding. The round was led by IvyCap Ventures with participation from existing investors including Accel, Omnivore, and Mayfield.  

Nutrition Technologies closes USD 20m equity financing

21-Sep-2022 - 0 Comments.

Agri-biotech business Nutrition Technologies, based in Singapore, secured USD 20 million in equity capital.

Farmers Fresh Zone acquires milk chain platform AM Needs

21-Sep-2022 - 0 Comments.

Farm produce online retailer Farmers Fresh Zone (FFZ), incubated in Kerala Startup Mission (KSUM), has acquired milk delivery platform AM Needs for $2 million (INR 15.95 crore) in cash and stock deal.

Roeslein Alternative receives a USD 80m grant to create a new climate-smart agriculture value chain

16-Sep-2022 - 0 Comments.

Roeslein Alternative Energy (RAE) announced that it had received USD 80 million in federal funding for a five-year pilot project to create a value chain for climate-smart agriculture where farmers who plant prairie grasses and cover crops are compensated with environmental credits and receive income from renewable energy.

Agtonomy receives seed III funding from Cavallo Ventures and Mirae Asset

16-Sep-2022 - 0 Comments.

Ag-tech innovator Agtonomy announced it closed a USD 13.5 million funding round for its cutting-edge software and services.

Ayekart raises USD 5.5 million in debt and equity to support growth

13-Sep-2022 - 0 Comments.

Ayekart, a startup in the agri-fintech sector, has raised USD 5.5 million from Siply, a fintech platform, and Caspian Debt, a corporate lending financial institution. The Latter provided about USD 2.5 million in debt financing, and former provided over USD 2.8 million in equity finance.

B2B food processing firm Suite42 raises $4.3 MN in seed round from Omnivore, Orios

07-Sep-2022 - 0 Comments.

Suite42, a B2B food processing platform, announced today that it has raised USD 4.3 million in Seed funding.

Insect biotech startup Loopworm raises $3.4M from Omnivore, WaterBridge

06-Sep-2022 - 0 Comments.

India's leading insect biotech startup, Loopworm, announced today that it has raised a $3.4 million Seed round co-led by Omnivore and WaterBridge Ventures, with participation from Titan Capital and leading angel investors including Nadir Godrej (Godrej Agrovet), Sanjiv Rangrass (ex-ITC), and Akshay Singhal (Log9 Materials). 

Farmley raises $6M in Series A funding

24-Aug-2022 - 0 Comments.

Farmley, a full-stack nuts & dry fruits brand, has raised $6 million in Series A funding. The round was led by DSG Consumer Partners and Alkemi Growth Capital alongside existing investors Omnivore, Insitor Partners, and other angel investors. 

Foodgrains production estimated to be record 315.72 million tonnes in 2021-22

24-Aug-2022 - 0 Comments.

The fourth advance estimates of production of major agricultural crops for the year 2021-22 have been released by the Union Ministry of Agriculture and Farmers Welfare. The production of Foodgrains in the country is estimated at 315.72 million tonnes which is higher by 4.98 million tonnes than the production of foodgrain during 2020-21.

Piatrika Biosystems raises $1.2 MN seed funding led by Ankur Capital

Agri-Genomics startup, Piatrika Biosystems has raised $1.2 Million in a seed round led by Ankur Capital.

Vegrow raises USD 25 million to broaden its geographic scope

Prosus Ventures led the Series B investment round of USD 25million for Vegrow, a B2B agritech marketplace for fruits.

India's foodgrains production estimated 314.51 million tonnes during 2021-22

01-Jun-2022 - 0 Comments.

The third advance estimates of production of major agricultural crops for the year 2021-22 is estimated at record 314.51 million tonnes which is higher by 3.77 million tonnes than the production of foodgrain during 2020-21.

BigHaat appoints Jitesh Shah as its Chief Operating Officer

19-May-2022 - 0 Comments.

BigHaat, India's largest Digital Agri Platform, has roped in Jitesh Shah as its Chief Operating Officer to boost the adoption of agri-tech and expand its presence from 10 million farmers to the next milestone.

S4S technologies announced as winner of The/Nudge Prize, Cisco agri challenge

30-Apr-2022 - 0 Comments.

S4S Technologies was selected as the winner of the 'The/Nudge Prize | Cisco Agri Challenge', and Bioprime Agrisolutions emerged as the runner-up of the contest, which had called for ‘solutions to enhance the profitability of small scale farmers’, with 10-million-lives potential

Ergos' tech platform, which connects half a million farmers, intends to generate INR 1800-INR 2000 crore in revenue by next year

29-Apr-2022 - 0 Comments.

GrainBank scaled across 26 districts in Bihar, 10 Districts in Karnataka and 17 Districts in Maharashtra with 1,45,000 farmers actively engaging on the technology-based platform, and adding 400-450 new farmer every day.

Indian oilseeds production touches 37.15 MT during 2021-22

16-Apr-2022 - 0 Comments.

India's production of oilseeds in the country has been increased substantially to 37.15 million tonnes, from 31.52 million tonnes recorded in 2018-19 as per the 2nd Advance Estimates, Directorate of Economics and Statistics.

Agrizy raises $4 million seed funding from Ankur Capital

13-Apr-2022 - 0 Comments.

Bengaluru-based ag-tech startup, Agrizy has raised $4 Million in a seed round led by Ankur Capital. This round also saw participation from Omnivore and notable angels like Rajesh Yabaji (CEO, BlackBuck), Zetwerk's Co-founders Srinath Ramakkrushnan, Amrit Acharya, Rahul Sharma, and Vishal Chaudhary among others.

UAE announces USD 2m global foodTech challenge

06-Apr-2022 - 0 Comments.

The second edition of the global FoodTech Challenge, that seeks to find the next wave of technology innovations on the cusp of transforming traditional agriculture practices, efficiently and sustainably, was launched at the EXPO2020 Dubai, and was unveils the competition's pooled prize amount of US $2 million.

Ghana receives a USD 60m climate smart agriculture fund from World Bank for smallholder farmers

25-Mar-2022 - 0 Comments.

World Bank approves USD 60m fund for climate-smart agriculture initiative that preserves soil, water, plant, animal and human health which would affect directly about two million Ghanaian smallholder farmers.

Aquaconnect raised USD 8m from Trifecta Capital for business expansion

22-Mar-2022 - 0 Comments.

Aquaconnect, a Chennai-based network for aqua farmers, has raised USD 8 million in a venture debt funding round led by Trifecta Capital.

SupPlant raises USD 27m to combat climate change by assisting South African farmers

18-Mar-2022 - 0 Comments.

SupPlant, an Israeli agritech company, has raised an additional USD 27m (R408 million) to assist South African farmers to adopt digital solutions for fighting climate change.

UNILORIN secure USD 1.44m from Central Bank of Nigeria to set up poultry farm

07-Mar-2022 - 0 Comments.

The University of Ilorin (UNILORIN) has secured a USD 1.44m (N600 million) loan from the Central Bank of Nigeria to establish a commercial poultry farm to boost the production of eggs and chicken, Mikhail Buhari, the Deputy Vice-Chancellor Research, Technology and Innovation, of the university stated this while speaking with the local news agency.

Ninjacart launches $25 MN agri seed fund

04-Mar-2022 - 0 Comments.

Ninjacart, India's leading agri-platform which leverages technology to organize the agriculture ecosystem, launches an Agri Seed Fund, a $25 million fund to support emerging and new-age startups in the agriculture sector.

Govt estimates 316 million tonnes of foodgrains production during 2021-22

18-Feb-2022 - 0 Comments.

The Second Advance Estimates of production of major crops for the year 2021-22 have been released by the Ministry of Agriculture and Farmers Welfare. Record foodgrains production of 316.06 million tonnes is estimated. Union Minister for Agriculture and Farmers Welfare Narender Singh Tomar said that the new record of foodgrains production in the country is the result of hardwork of farmers, efficient research of scientists and farmer friendly policies of the Government.

Farming tech startup Bijak raises USD 19.4m from Bertelsmann, others

02-Feb-2022 - 0 Comments.

Bijak, a B2B trading platform for agricultural products, raised USD 19.37 million as part of its Series B funding round led by Bertelsmann, according to a regulatory filing.

Aqgromalin raises USD 5.25m to resolve animal protein supply chain issues

01-Feb-2022 - 0 Comments.

Aqgromalin, an agritech startup focused on animal husbandry and aquaculture, raised USD 5.25 million in funding in a round led by Sequoia India's Surge, Omnivore Partners India, and Zephyr Peacock India.

India’s integrated grain commerce platform, Arya.Ag raises US $60 Million in Series C

28-Jan-2022 - 0 Comments.

Arya, India’s largest integrated grain commerce platform has announced the close of its Series C round, having raised USD 60 million in a mix of equity and debt.

WayCool Foods raises US $117mn in Series D round of funding from World Bank, Gawa Capital

15-Jan-2022 - 0 Comments.

WayCool Foods, India's fastest growing Agri-commerce company, has raised USD 117 million in their Series D round which saw participation from new and existing investors such as - LightRock, LightBox, FMO, Lightsmith, World Bank Group’s- IFC, Redwood Equity Partners and Gawa Capital. WayCool Foods will use the fresh capital to accelerate and leverage deep tech and automation to enhance its efficiency multi-fold.

Europe's Impact fund Huruma invests $11.6 MN in WayCool Foods

10-Jan-2022 - 0 Comments.

Europe's leading impact investing fund, Huruma, managed by GAWA Capital, announced its investment of $11.6 million in India's largest and fastest growing agri-commerce company – WayCool Foods.

Agritech precision farming startup Samhitha raises $1.5MN in seed funding

02-Dec-2021 - 0 Comments.

Samhitha Crop Care Clinics, an agritech start-up offering precision farming advisory, announced on December 1, 2021, that it has raised $1.5 million in a seed round led by TechStar Group, and participated by Quadrant Resource and angel investors.

Dairy tech startup Stellapps raises USD 18 MN from pre-series C round, to digitize the Indian dairy sector

20-Nov-2021 - 0 Comments.

India's leading dairy-tech startup Stellapps has completed the first close towards its pre-series C round from various investors. The total size of the round will be USD 18 million.

India's horticulture crops production estimated 331.05 MT during 2020-21

17-Nov-2021 - 0 Comments.

The Department of Agriculture and Farmers Welfare has released 2020-21 (Third Advance Estimates) of area and production of various horticultural crops which estimated 331.05 million tones.

Shakti Pumps clinches INR 250M solar pump contract from Uganda

21-Sep-2021 - 0 Comments.

Indore-based Shakti Pumps has been awarded by Uganda Government to supply and EPC of solar pumps worth INR 250 million, Shakti Pumps chairman and managing director Dinesh Patidar told AgriTimes.co.in.

Tata-Cornell Institute launches hub for FPOs to empower small farmers in India

09-Sep-2021 - 0 Comments.

In an effort to empower India’s 125 million smallholder farms to take advantage of growing opportunities in the agricultural sector, the Tata-Cornell Institute (TCI) for Agriculture and Nutrition launched a Hub for Farmer Producer Organizations (FPOs) within its Center of Excellence in New Delhi.

How farmers can benefit using drones

30-Aug-2021 - 0 Comments.

The Agriculture Industry in India employs more than half of its current population and is one of the few countries in the world to employ such large numbers, has one of the highest arable lands with over 155 million hectares, generated INR 19 lakh crore in terms of revenues in 2019 and contributed 18 percent to the India’s GDP. Despite all these achievements, India is a laggard when it comes to doubling its farmers’ incomes.

Agritech robotics startup TartanSense raises $5mn from FMC, Omnivore and Blume Ventures

25-Aug-2021 - 0 Comments.

Agritech robotics startup TartanSense has announced that it has raised USD 5 million in Series A funding. The round was led by FMC Ventures and Omnivore, with participation from existing investor Blume Ventures.

Deep tech start-up AgNext raises US $21 million in Series A from Alpha Wave Incubation

21-Aug-2021 - 0 Comments.

AgNext Technologies, India's leading deep-tech agritech start-up, announced today that it has raised a total of USD 21 million in Series A funding.

John Deere acquires Bear Flag Robotics to accelerate autonomous technology on farm

06-Aug-2021 - 0 Comments.

Deere & Company has signed a definitive agreement to acquire Bear Flag Robotics for USD 250 million.

AfDB to assign USD 150m for women in agricultural sector

03-Aug-2021 - 0 Comments.

The African Development Bank (AfDB) says it will provide USD 150 million to support women in the agriculture sector before the close of the year.

Symbiotics launches first agricultural green bond with Samunnati

28-Jul-2021 - 0 Comments.

Symbiotics, the leading market access platform for impact investing, has arranged with Samunnati Financial Intermediation & Services Private Limited its first green bond whereby the proceeds of USD $4.6 million in local currency equivalent are fully allocated towards climate smart agriculture.

Sea6 Energy raises USD 9 million in funding for Ocean farming

22-Jul-2021 - 0 Comments.

Bengaluru-based ocean farming startup Sea6 Energy has recently raised USD 9 million as a part of its Series B funding round led by Netherlands-based aquaculture fund Aqua-Spark. Silverstrand Capital a Singapore-based company also participated as a part of this round.

Otipy raises USD $10.2 mn in Series A led by SIG, Omidyar

19-Jul-2021 - 0 Comments.

Otipy, India’s community group buying platform for fresh produce, raised a Series A financing of USD $10.2 million (Rs 76 crores) led by SIG. Omidyar Network India, Innoven Capital and existing investors IPV (Inflection Point Ventures), Pravega, and FactorE also participated in the round.

India records highest ever horticulture production at 329.86 million tonnes

17-Jul-2021 - 0 Comments.

Due to farmer-friendly policies of the government, tireless efforts of farmers and research of scientists resulted in horticulture production of 329.86 million tonnes in the year 2020-21, Indian agriculture minister Narendra Singh Tomar said recently.

Agrando seals USD 14.2 Million investment from yabeo Impact, existing investors

09-Jul-2021 - 0 Comments.

Agrando, a Munich-based AgTech start-up has completed its Series A with an investment of USD 14.2 million, the highest Series A amount ever raised by a European agribusiness.

Skylark Drones raises USD 3 Million from InfoEdge Ventures, IAN Fund

07-Jul-2021 - 0 Comments.

Skylark Drones, a drone platform company, announced that it has secured USD 3 million in a pre-series A funding round to strengthen its product offerings and fuel international expansion.

MD Department of Agriculture allocates USD 2.9MN in animal waste technology fund

30-Jun-2021 - 0 Comments.

The Maryland Department of Agriculture has awarded more than USD 2.9 million in grants from its Animal Waste Technology Fund.

TrendiTech raises USD 1.18 MN seed funding for AI Biotrim Technology

29-Jun-2021 - 0 Comments.

TrendiTech Inc (Trendi), a Canadian-based start-up dedicated to creating new robotic, AI-driven food waste processing solutions, has raised USD 1.82 million (CAD 2.25m) in seed funding for its Biotrim mobile processing technology.

Apollo Agriculture secures USD 1 million from ABC Fund

22-Jun-2021 - 0 Comments.

Apollo Agriculture (Apollo), a Kenyan agri-tech firm that uses machine learning and automated operations technology to help small-scale farmers access the resources they need to maximise their profitability has secured USD 1 million from Agri-Business Capital Fund (ABC Fund).

Indian sugar production up by 3.56 MT as on 31 May 2021

19-Jun-2021 - 0 Comments.

Sugar mills across the country have produced 30.56 million tonnes (MT) tonnes of sugar between 1 October 2020 and 31 May 2021, registering an increase of 3.56 MT tonnes higher than 27.00 MT tonnes produced at the same time last year.

India to restore 26 million hectares of land by 2030, says PM Modi at UN summit

14-Jun-2021 - 0 Comments.

Indian prime minister, Narendra Modi during a keynote address at the UN “High-Level Dialogue on Desertification, Land Degradation and Drought” has said that by 2030, the country will be India will be working towards restoring 26 million hectares of degraded land by 2030.

Over 42.5 MT wheat procured from 4.75 million farmers during current Rabi Marketing Season

14-Jun-2021 - 0 Comments.

Procurement of wheat in ongoing Rabi Marketing Season (RMS) 2021-22 is continuing smoothly in the procuring States and till now (upto 13.06.2021) a quantity of over 42.57 million tonnes (MT) of wheat has been procured (which is all time high, as it has exceeded previous high 389.92 LMT of RMS 2020-21).

WayCool Foods plans strategic investments of USD 20 mn

11-Jun-2021 - 0 Comments.

Agri-tech firm WayCool Foods and Products has an investment capex of USD 20 million to invest in companies with complementary capabilities, according to the IANS report.

Canada announces USD 165m for agri clean technology program

09-Jun-2021 - 0 Comments.

Minister of Agriculture and Agri-Food Marie-Claude Bibeau recently announced details for the new USD 165.7 million Agricultural Clean Technology Program, according to fortsaskonline report.

Govt procures over 80.52 MT of paddy benefiting 11.94 million farmers

05-Jun-2021 - 0 Comments.

India's ministry of consumer affairs, food & public distribution has procured over 80.52 million tonnes of paddy (includes Kharif crop 70.69 million tonnes and Rabi crop 9.82 million tonnes) up to 4 June 2021 during the ongoing season Kharif 2020-21.

India's seafood exports down 10.88% at 1.14 MT during 2020-21

02-Jun-2021 - 0 Comments.

The COVID pandemic and sluggish overseas markets cast their shadow over India’s resurgent seafood sector as the country exported 1.149 million tonne (11,49,341 metric tonne) of marine products worth INR 43,717.26 crore (US$ 5.96 billion) during FY 2020-21, registering a contraction of 10.88 per cent in volume as compared to a year earlier.

Omnivore to elevate USD 150 million funds to enhance rural agritech

31-May-2021 - 0 Comments.

Omnivore, an agritech venture capital firm, recently announced that it is setting up a new USD 150 million funds to be invested in tech-driven, predictive crop insights that can help improve productivity and profitability for farmers in India.

Govt procures 40 MT of wheat from 4.23 million farmers during ongoing rabi marketing season 2021-22

31-May-2021 - 0 Comments.

As on 27 May 2021, during the rabi marketing season (RMS) 2021-22, over 40 million tonnes of wheat has been procured from over 4.23 million farmers across the states of Uttar Pradesh, Madhya Pradesh, Bihar, Rajasthan, Delhi, Himachal Pradesh and Jammu & Kashmir at minimum support price (MSP), the Ministry of Consumer Affairs, Food & Public Distribution said in a statement.

India's third advance estimates of principal crops shoot 7.94MT higher for 2020-21

26-May-2021 - 0 Comments.

Third Advance Estimates, Department of Agriculture, Cooperation and Farmers Welfare, million tonnes, Narendra Singh Tomar, Government of India, agricultural scientists, policies, Narendra Modi, crops, Foodgrains, Rice, Wheat, Nutri, Coarse Cereals, Maize, Pulses, Tur, Gram, oilseeds, Groundnut, Soyabean, Rapeseed, Mustard, Sugarcane, cotton, Jute, Mesta,

AgriTech silk supply chain startup ReshaMandi raises USD 1.7 mn seed funding

23-May-2021 - 0 Comments.

ReshaMandi, an agritech start-up digitizing India’s silk supply chain, has raised USD 1.7 million in seed funding. The round was led by Omnivore and Strive Ventures with participation from Axilor Ventures and Supply Chain Labs (Lumis), according to a media report.

Illumina Launches New Wheat Barley Array

10-May-2021 - 0 Comments.

Wheat is a vital food crop, ranking third in global crop pro­duction, with more than 760 million tons being produced annually. Barley is another important crop with uses in animal feed and beverage produc­tion and is gaining popularity in human diets.Wheat (and barley) researchers and breeders need a genomic analysis tool that enable comparison across diverse varieties and globally diverse germplasm collections.

Foodgrains production target is set at 307 million tonnes for 2021-22, says agriculture minister

06-May-2021 - 0 Comments.

Indian agriculture & farmers welfare minister Narendra Singh Tomar inaugurated ‘The National Conference on Agriculture for Kharif Campaign-2021’ on 30 April, 2021.

Netafim Agricultural Financing Agency raises USD $50 mn from Phoenix Group, Cogito Capital

26-Apr-2021 - 0 Comments.

Netafim Agricultural Financing Agency Pvt. Ltd. (NAFA), an agri-focused NBFC and a subsidiary of Netafim Singapore, has raised USD 40 million via external commercial borrowing (ECB) from the Phoenix Group and Cogito Capital, both Israel based investors.

Summer sowing increased by 21.5% to 7.3 MN hectares

24-Apr-2021 - 0 Comments.

India’s summer sowing in the country is 21.5 percent higher than as on 23 April 2021. The sowing is higher, when compared to the same period last year. The total summer crop area has increased to 7.37 million hectares (73.76 lakh hectares) from 6.06 million hectares (60.67 lakh hectares) a year ago during the corresponding period.

National Cooperative Development Corporation secures INR 600 loan from Deustsche Bank

17-Apr-2021 - 0 Comments.

The National Cooperative Development Corporation (NCDC) has secured Euro 68.87 million (Rs 600 cr) loan from Deutsche Bank, Germany’s largest bank, for onward lending to cooperatives in the country.

Aquaconnect inks pact with Bank of Baroda, formal credit to over 15 MN fish farmers on the cards

10-Mar-2021 - 0 Comments.

A leading aquaculture tech company Aquaconnect has partnered with Bank of Baroda, India’s leading public sector bank to pave the way for access to formal credit for 1.6 million aquaculture farmers.

Agri-inputs B2B marketplace AGRIM raises USD $2M in seed funding from Omnivore, India Quotient and Accion Venture Lab

05-Mar-2021 - 0 Comments.

AGRIM, a B2B marketplace for agri-inputs, came out of stealth mode today to announce that it had raised over USD 2 million (INR 15 crore) in Seed round funding back in May 2020 and had scaled operations substantially over the past ten months.

India second advance estimates predicts a record 303.34 MT of foodgrain production during 2020-21

25-Feb-2021 - 0 Comments.

The second advance estimates of production of major crops for 2020-21 reveal a record production of 303.34 million tonnes of food grains, which clearly outlines the tireless hard work of farmers, research by agricultural scientists, and farmer-friendly policies of the Central Government.

Govt procures 8.84 MN cotton bales from farmers worth INR 25,826 Cr during Kharif Marketing Season 2020-21

28-Jan-2021 - 0 Comments.

In the ongoing Kharif Marketing Season (KMS) 2020-21, the Government has procured 8.84 million bales of seed cotton (Kapas) valuing INR 25826.59 crore has been procured benefitting 1.81 million farmers.

Indian agritech leader Arya raises USD 21 million Series B

15-Dec-2020 - 0 Comments.

Arya, a leader in post-harvest agritech and agri-fintech, today announced the close of its Series B round, having raised USD 21 million in a mix of equity and debt.

Agritech startup Freshokartz raises USD 1.4 Million in pre-series round

30-Oct-2020 - 0 Comments.

Freshokartz Agri Products Pvt. Limited, a premier Agri-tech startup has received USD $1.4 Million (INR 10 Crore) pre-series A funding from Rajasthan Venture Capital Fund (RVCF) and AWE (Achieving Women Equity) Funds to finance its rapid technology rollout while scaling its operations as a provider of premier technology-enabled omnichannel supply chain optimizing solutions along with agronomy advisory and output linkages.

India's Kharif foodgrains production to touch 144.52 MT in 2020-21, agri minister

16-Oct-2020 - 0 Comments.

India's foodgrains production is pegged at record 144.52 million tonnes (MT) in the 2020-21 kharif season notwithstanding COVID-19 crisis, Agriculture Minister Narendra Singh Tomar said at a CII's India - International Food & Agri Week on Friday.

Soil tech firm raises $1 mn from NABVENTURES, Omnivore

07-Oct-2020 - 0 Comments.

Krishitantra announced that it has raised USD 1 million (INR 7.6 crore) in seed funding from NABVENTURES and Omnivore.

India has 8186 cold storages facilities with a capacity of 37.42 million tonnes

27-Sep-2020 - 0 Comments.

As per available information, there are 8186 numbers of cold storages with capacity of 374.25 Lakh MT (37.44 million tonnes) is available in the country for storing perishable horticulture produce like fruits and vegetables.

India's first advance estimates 144.52 million tonnes of major Kharif crops for 2020-21

26-Sep-2020 - 0 Comments.

The First Advance Estimates of production of major Kharif crops for 2020-21 have been released by the Department of Agriculture, Cooperation and Farmers Welfare on 22 September, 2020 has estimated 144.52 million tonnes of foodgrains.

National Conference for Rabi targets 301 million tonnes of food grains production for 2020-2021

22-Sep-2020 - 0 Comments.

The National conference for Rabi Campaign 2020 has set a target of 301 million tonnes of food grains production for 2020-21.

Over 1.9 million hectares of area under organic farming in the country, says Tomar

19-Sep-2020 - 0 Comments.

Assistance is provided under different schemes by the Government for promoting organic farming in the country.

Milk production is expected to touch 330 million tons by 2024, says dairy minister

16-Jul-2020 - 0 Comments.

Indian minister for animal husbandry and dairying Giriraj Singh today while launching the implementation guidelines for Animal Husbandry Infrastructure Development Fund (AHIDF) worth INR 15,000 crore said by 2024, country's milk production is expected to touch 330 million tonnes.

India’s Kharif crop sowing touches 13.13 million hectares

22-Jun-2020 - 0 Comments.

India’s Kharif sowing for 2020-21 season have touched 13.13 million hectares, as compared to 9.42 million hectares during the 2019-20 season.

EID Parry offloads 5.85 million shares in Coromandel International

04-Jun-2020 - 0 Comments.

Coromandel International Limited has informed the stock exchange that E.I.D. - Parry (India) Limited (EID Parry) has sold 58,50,000 equity shares of the Company through open market at a price of INR 629.1910 per share.

Shree Renuka Sugars to raise USD 300 MN through ECBs

04-Jun-2020 - 0 Comments.

In order to meet working capital of the company, Shree Renuka Sugars Limited has decided to raise USD $300 million (INR 2300 crore) through external commercial borrowings (ECBs) from Wilmar Sugar Holdings Pte Ltd.

India 2nd advance estimates 320 MT of horticulture crops during 2019-20

02-Jun-2020 - 0 Comments.

India's department of Agriculture, Cooperation and Farmers Welfare has released the 2nd Advance Estimates of 2019-20 that said that during the period, 320.48 million tonnes of horticulture crops will be produced in 25.66 million hectares of land.

Cabinet approves interest waiver for Hindustan Organic Chemicals

21-May-2020 - 0 Comments.

Indian Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its ex-post facto approval for waiver of interest of INR 7.59 crore (USD $1 million) on government of India loans of Hindustan Organic Chemicals Limited

Intello Labs raises $5.9M to digitize quality in fresh produce

19-May-2020 - 0 Comments.

Intello Labs has announced that it has raised a INR 45 crore (USD $5.9 million) in a Series A round led by Saama Capital, alongside global agritech funds GROW, SVG Ventures THRIVE

India's next generation agromet advisory service can boost yield by USD 430 BN, believes ICRISAT scientist

03-May-2020 - 0 Comments.

Data with the Indian government suggests that agromet advisories have the potential to yield benefits worth over US $ 430 billion for India’s 90 million agricultural households.

Government sold 2.6 MT of fertilizer to farmers, traders during lockdown period

29-Apr-2020 - 0 Comments.

India’s chemicals and fertilizer ministry has sold a whopping 2.64 million tonnes during the lockdown period from 1-22 April 2020.

India target 298 MT of foodgrains production for FY 2020-21

21-Apr-2020 - 0 Comments.

India has fixed a target of 298 million tonnes of foodgrains production for the financial year 2020-2021 at the National Conference on Kharif crops 2020

Agri ministry releases INR 17,793 cr under PM-KISAN scheme during the lockdown

21-Apr-2020 - 0 Comments.

Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme during the lockdown period from 24 March 2020 till 20 April 2020, about 8.89 crore (88.9 million) farmer families have been benefitted and an amount of INR 17,793 crore has been released so far.

Patna based agri marketplace DeHaat raises INR 90 Cr from Sequoia Capital, Dutch Bank

08-Apr-2020 - 0 Comments.

DeHaat, an online marketplace for farm services and products has raised INR 90 crore (USD $12 million) in a Series A funding round led by Sequoia Capital India.

USDA forecast 105 MT Indian wheat harvest during 2020-21

04-Apr-2020 - 0 Comments.

India is heading for a fourth consecutive record wheat harvest, with marketing year (MY) 2020/21 (April/March) production forecast at 105 million metric tons (MMT). MY 2020/21 rice production is forecast at a near record 117 MMT with average yields.

Over 34.5 million cattle registered under the National animal disease control program, says NDDB

02-Apr-2020 - 0 Comments.

In order to provide safety to country's cattle population from Foot and Mouth Disease (FMD) and Brucellosis, National Dairy Development Board (NDDB)'s National Animal Disease Control Programme (NADCP), a 5-year project has been launched by the Indian Prime Minister, Narendra Modi with total outlay of INR 13,343 crore (USD $ 2 billion).

Indian cultivation of BT cotton crops estimated at 32.26 MN bales during 201-20

31-Mar-2020 - 0 Comments.

Area, production and productivity of Bt. cotton has increased steadily since its introduction in India, barring minor fluctuation in few years. Details of year-wise area under cotton, Bt. cotton, production and yield of cotton during 2002-03 to 2019-20

Targeting rice fallows to increase productivity and profitability of farmers in Odisha

26-Feb-2020 - 0 Comments.

Odisha State has about 6.5 million hectares of cultivable area out of the total geographical area of 15.6 million ha, accounting for 41.16%. Rice is the main crop of the State covering 75-80% of the total cultivated area with 3.8 million ha (Source: Odisha Agriculture Statistics 2013-14 ).

SOPA release soybean demand, supply estimates for 2019-2020 oil year

10-Jan-2020 - 0 Comments.

The Soybean Processors Association of India (SOPA) in its estimate of soybean crop have announced a crop at 8.98 million tonnes for 2019-20 (October 2019 to September 2020) oil year.

India supports 3.60 million female farmers with INR 847 Crore

07-Jan-2020 - 0 Comments.

In order to empower female farmers in the country, India's agriculture & farmer's welfare ministry has supported over 3.60 million female farmers under the Department of Rural Development, Ministry of Rural Development is implementing Mahila Kisan Sashaktikaran Pariyojana (MKSP).

India's Rabi crops sowing area increases by 3.59 million hectare

01-Jan-2020 - 0 Comments.

As per preliminary reports received from the States, the total area sown under Rabi crops as, on 27 December 2019 stands at 57.18 million hectares, as compared to 53.63 million hectares for the corresponding period last year.

Indian university develops cheapest drone for farming sector

17-May-2019 - 0 Comments.

With agriculture drones still out of reach for million famers, India's private university has developed a drone named 'flying farmer' that will help majority of farmers to use drone for agri-related activities.

SOPA mid-term review keeps soybean crop at 11.48 MT

09-Feb-2019 - 0 Comments.

Based on this extensive survey, we find that there is no need to revise the initial crop numbers given by SOPA and the kharif-2018 soybean crop is reconfirmed at 11.48 million tonnes, according to The Soybean Processors Association of India

Indian export of herbs and herbal products records 14.22% growth in 2017-18

10-Jan-2019 - 0 Comments.

The export of herbs and value-added extracts of medicinal herbs are gradually increasing over the years. India exported USD 330.18 Million worth of Herbs during 2017-18 with a growth rate of 14.22% over the previous year

GM cotton crops touches 34.88 million tonnes bales in 2017-18

08-Jan-2019 - 0 Comments.

With the usage of genetically modified (GM) cotton crops, the productivity of cotton increased from 191 kg per hectare in 2002-03 to 477 kg per hectare in 2017-18 and the production of cotton has been increased from 8.62 million bales in 2002-03 to 34.88 bales in 2017-18 due to the adoption of Bt. cotton in the country

CMFRI to increase fish production in Kerala

26-Jun-2018 - 0 Comments.

In a major effort to increase the domestic fish production in the state, the Central Marine Fisheries Research Institute (CMFRI) will implement a INR 150 million worth project helping fish farmers to launch 500 cage farming units in Kerala

CAI estimates cotton crop at 36.5 MN for 2017-18 season

12-Jun-2018 - 0 Comments.

The CAI has estimated cotton crop for the ongoing 2017-18 season at 36.5 million bales of 170 kgs each, which is higher by 500,000 bales

Cabinet approves USD 745 MN for micro irrigation fund with NABARD

16-May-2018 - 0 Comments.

The Cabinet Committee on Economic Affairs chaired by the Prime Minister, Narendra Modi has approved an initial Corpus of INR 5,000 crore (USD 745 million) for setting up of a dedicated “Micro Irrigation Fund” (MIF) with NABARD

Frozen semen station to come up in Purnea with an investment of USD 9.5 MN

14-May-2018 - 0 Comments.

Laying the foundation stone of the frozen semen station in Maranga, Purnea, Indian Minister of Agriculture & Farmers’ Welfare Radha Mohan Singh said that the frozen semen station is being set up at a cost of INR 64 crore (USD 9.5 million) under the Rashtriya Gokul Mission with 100% contribution from the Central Government

TAFE acquires Serbian tractor company for INR 45 million

09-Apr-2018 - 0 Comments.

With an eye to expand its footprint in Balkans and Eastern Europe, Indian tractor manufacturer, Tractors and Farm Equipment Limited (TAFE) has acquired Serbian based tractor and agriculture equipment brand IMT

FICCI-PwC Knowledge Report on 'Maize Vision 2022'

26-Mar-2018 - 0 Comments.

The FICCI-PwC report says though India has achieved maize production of 26 million tonnes, it would require 45 million tonnes by 2022

Indian Rabi crops sowing posted at 44.22 MN hectares

11-Dec-2017 - 0 Comments.

The total area sown under Rabi crops as on 8 December, 2017 stands at 44.22 million (MN) hectares as compared to 44.84 million hectare this time in 2016.

India distributed 100 million soil health card to farmers during 2015-17

08-Dec-2017 - 0 Comments.

Singh said that the objective of soil health card (SHC) is to provide information about the Soil Health to 120 million farm holdings in the country

Indian fish production crosses 11 MN tonnes during 2016-17

08-Dec-2017 - 0 Comments.

Indian minister for agriculture and farmers welfare, Radha Mohan Singh said that India is second largest fish producer in the world. Overall fish production has increased from 0.75 million tonne of 1950-51 to 11.41 million tonne in 2016-17.

Indian cotton crop output to be 37.5 MN bales, CAI estimate

15-Nov-2017 - 0 Comments.

Cotton Association of India (CAI) has released its first estimate of the cotton crop for the 2017-18 season beginning from 1 October 2017.

India's Kharif crop sowing down to 102.8mn hectares

03-Sep-2017 - 0 Comments.

As per the figures released by the Indian agriculture ministry, India's kharif crop as on 1 September 2017 is recorded at 102.81 million hectares, as compared to 103.42 million hectares recorded during the same time last year.

India's horticulture production during 2016-17 estimated to be around 300 million tonnes

31-Aug-2017 - 0 Comments.

The Department of Agriculture, Cooperation and Farmers Welfare has released the Third Advance Estimates of Area and Production of Horticulture Crops for 2016-17.

Over 8.8 MN milk producing animals identified under bovine scheme

21-Aug-2017 - 0 Comments.

Under the Pashu Sanjivni component under National Mission on Bovine Productivity scheme, over 88 million milk producing animals out of 300 million cattle and buffaloes are being identified using polyurethane tags with 12 digit unique identification (UID) number.

India's total food grains output estimated at 275.68 million tonnes

17-Aug-2017 - 0 Comments.

The 4th Advance Estimates of production of major crops for 2016-17 have been released by the Department of Agriculture, Cooperation and Farmers Welfare on 16 August, 2017.

India's kharif crop sowing up to 22.23 MN hectares

01-Jul-2017 - 0 Comments.

India's total sown area as on June 30, 2017, as per reports received from States, stands at 22.23 million hectare, as compared to 18.70 million hectare at this time last year.

India's kharif crop sowing up at 9.28 MN hectares

17-Jun-2017 - 0 Comments.

India has recorded an increase in kharif sowing, which was recorded at 9.28 million hectares as on June 16, 2017, as compared to 8.75 million hectares sowed during the same period last year.

India's cotton output for February 2017 estimate at 34.1 MN bales

16-Mar-2017 - 0 Comments.

The CAI has retained its cotton crop estimate for the ongoing cotton season at the same level as in the last month i.e. 34.1 million bales of 170 kgs. each.

India milk production up by 4.38% during 2016-17

21-Feb-2017 - 0 Comments.

The total milk production has increased from 52.21 Million Tonnes during 2015-16 (Rainy) to 54.50 Million Tonnes during 2016-17 (Rainy) registering a growth 4.38%.

India's meat production touches 2.43 MT during 2016-17

20-Feb-2017 - 0 Comments.

The total meat production has increased from 2.24 Million Tonnes during 2015-16 (Rainy) to 2.43 Million Tonnes during 2016-17 (Rainy) registering a growth 8.74%.

India's wheat, pulses registers record sowing in rabi season

05-Feb-2017 - 0 Comments.

As per preliminary reports received from the States, the total area sown under Rabi crops as on February 3, 2017 stands at 64.51 million hectares, as compared to 61.04 million hectares this time in 2016.

India's cotton crop estimated 34 MN bales during 2016-17

23-Jan-2017 - 0 Comments.

The Cotton Association of India (CAI) has released its December estimate of the cotton crop for the 2016-17 season beginning as on October 1, 2016.

India's Rabi crops sowing touches 62.8 MN hectares

20-Jan-2017 - 0 Comments.

India has recorded an increase in rabi crops sowing as on January 20, 2017 to 62.83 million tonnes, as compared to 59.23 million tonnes sowed till the same period last year.

India's rabi crops sowing crosess 61.6 MN hectares

13-Jan-2017 - 0 Comments.

As per preliminary reports received from the States, the total area sown under Rabi crops as on January 13, 2017 stands at 61.62 million hectares, as compared to 58.19 million hectare this time in 2016.

India rabi crops sowing crosses 60.2 MN hectares

As per preliminary reports received from the States, the total area sown under Rabi crops as on January 7, 2017 stands at 60.27 million hectares as compared to 56.58 million hectare this time in 2016.

India's rabi crops sowing touches 55.4 MN hectares

India's rabi crops sowing as on December 23, 2016 has increased to 55.49 million hectares, as compared to 52.34 million hectares sowed as on the same date last year.

India’ rabi crops sowing up by 2.3 MN hectares

India has recorded an increase in rabi crops sowing as on December 16, 2016 at 51.92 million hectares, up by 2.3 million hectares.

Dairy startup, Osam raises $6.7 MN in Series B funding

13-Dec-2016 - 0 Comments.

Dairy startup, Osam has raised $6.7 million (Rs 45 crore) in Series B funding from Lok Capital-advised Growth Catalyst Partners.

Over 36 MN farmers covered under PM crop insurance scheme

08-Dec-2016 - 0 Comments.

With the launch in kharif 2016 season, India's Pradhan Mantri Fasal Bima Yojana (PMFBY) has made good progress, as it has covered over 26.50 per cent or 36.66 million farmers.

India's Rabi crops sowing touches 41.5 MN hectares

02-Dec-2016 - 0 Comments.

According to the preliminary reports received from the States, the total area sown under Rabi crops as on December 2, 2016 stands at 41.55 million hectares, as compared to 38.28 million hectare this time in 2015

Amul selects Amazon to enter US markets

02-Dec-2016 - 0 Comments.

In order to expand its reach in the United States, India's largest dairy cooperative with 3.6 million members, Amul has selected Amazon to sell its products in the US.

India allots $17 MN for farm mechanization during 2016-17

26-Nov-2016 - 0 Comments.

In order to shift farmers towards mechanized farming, India has allotted $17 million (Rs 181 crore) for promoting farm mechanization during 2016-17.

India allocates $808 million for crop insurance scheme

19-Nov-2016 - 0 Comments.

India has made a budgetary allocations on $808 million (Rs 5501.15 crore) for implementation of Pradhan Mantri Fasal Bima Yojana (PMFBY) during 2016-17

Over 34 MN soil health cards disbursed, says agri ministry

19-Nov-2016 - 0 Comments.

In order to provide with soil health cards to farmers across the state, India has distributed 34.47 million soil health cards

India's Rabi crops sowing stagnant at 24 Mn hectares

18-Nov-2016 - 0 Comments.

As per preliminary reports received from the States, the total area sown under Rabi crops as on November 18, 2016 stands at India's rabi crop sowing was recorded at 24.17 million hectares

India's Rabi crops sowing crosess 8.1 MN ha

04-Nov-2016 - 0 Comments.

India's total area sown under Rabi crops as on November 4, 2016 touched 8.15 million hectares, as compared to 8.89 million hectare recorded in 2015.

ICAR to train 2.4 MN farmers by 2022

24-Oct-2016 - 0 Comments.

In order to provide proper skills to farmers, Indian Council of Agricultural Research (ICAR) has decided to impart training to over 2.4 million farmers by 2022.

Dairy Classic Ice Cream raises $16 MN from Motilal Oswal

24-Oct-2016 - 0 Comments.

Bangalore based Dairy Classic Ice Creams have raised over $16 million from Motilal Oswal Private Equity (MOPE) for expanding its operations in India.

By next year about 140 million farmers will have Soil Health Card

18-Oct-2016 - 0 Comments.

The government is committed for the prosperity and welfare of farmers, for this purpose a number of initiatives have been taken during last two and half year.

Packaged food market valued at $51 mn in 2015, says study

16-Oct-2016 - 0 Comments.

Clocking a compounded annual growth rate (CAGR) of about 16 per cent, the packaged food market in India is expected to have crossed $51.5 million (mn) mark in 2015 as against $25 million in 2010, noted a recent ASSOCHAM-TechSci Research joint study.

Haryana to develop 340 villages as horticulture villages

10-Oct-2016 - 0 Comments.

Haryana state government has decided to develop 340 villages as Horticulture Villages at a cost of $13.94 million (Rs 93 crore) during the Golden Jubilee year of the State. It has also decided to establish 140 clusters in these villages.

Mother Dairy to invest $30 MN in Maharashtra

06-Oct-2016 - 0 Comments.

The wholly owned subsidiary of National Dairy Development Board (NDDB), Mother Dairy will be investing $30 million (Rs 200 crore) in Maharashtra.

India release 1st Advance Estimates kharif crops output for 2016-17

30-Sep-2016 - 0 Comments.

India's kharif crop production is estimated to be around 135.03 million tonnes during 2016-17, which is a record, during the same period last year crop output was 124.01 million tonnes.

India’s horticulture output records marginal growth to 283.36 MT

10-Sep-2016 - 0 Comments.

India’s horticulture production has recorded a marginal growth in horticulture production at 283.36 million tonnes during 2015-16, which is 0.8 per cent higher than the previous year.

Cotton crop output estimated to be 33.6 million bales

29-Aug-2016 - 0 Comments.

Cotton Association of India (CAI) has released its first estimates that cotton crop production in the country will be around 33.6 million bales of 170 kg each during 2016-17 season.

Indian Kharif crop sowing touches 101 MN hectares

26-Aug-2016 - 0 Comments.

Indian kharif sowing have touch recorded a growth at 101.9 million hectares as on August 26, 2016, the Indian agriculture ministry said in a statement.

Tata Chemicals sells urea venture to Yara India for $400 MN

11-Aug-2016 - 0 Comments.

Tata Chemicals has informed the Bombay Stock Exchange (BSE) on August 10, 2016 that it has decided to sell its urea business to Yara India for $400 million (Rs 2670 crore).

AGROMET advisories to the farmers touches 19 MN

05-Aug-2016 - 0 Comments.

Indian minister for state for ministry of science & technology and earth sciences, Y S Chowdary has informed the upper house of parliament that the Gramin Krishi Mausam Sewa (GKMS) AGROMET service of India Meteorological Department (IMD) has crossed 19.1 million as on July 2016.

Indian seafood exports drops during 2015-16

04-Aug-2016 - 0 Comments.

Indian seafood exports has recorded a marginal drop at 0.94 million tonnes, earning $4.7 billion to the exchequer during the fiscal year of 2015-16.

India targets 15 MT fish production 2020

26-Jul-2016 - 0 Comments.

Looking at immense scope for development of fisheries and aquaculture, India has restructured the Central Plan Scheme under an umbrella of Blue Revolution and has set a target of 15 million tonnes of fish production by 2019-20 fiscal year, Sudarshan Bhagat, Indian Minister of State for Agriculture and Farmers Welfare informed the parliament recently.

ITC acquires potato seed firm

25-Mar-2016 - 0 Comments.

India’s leading snacks producer, ITC Ltd has acquired the India unit of Australia-based agri-biotech company Technico Pty Ltd for $18.10 million.