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PALAWAN, Philippines — On Aug. 8, 2013, Fernando de Chavez, along with more than 400 farmers and advocates, stormed a Golden Rice field trial site in Pili, a town in Camarines Sur province, southeast of Manila. The incident, now known as the International Day of Action Against Golden Rice, involved uprooting the genetically modified rice […]
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India's agro-chemical industry has the potential to grow beyond its current rate of nine percent, despite competition from China, according to Niti Aayog member Ramesh Chand. He suggested that the industry should pay attention to the shift from agrochemicals to biopesticides in Western countries. Chand also urged the Agro Chem Federation of India (ACFI) to create a document on the ease of doing business in agrochemicals. He noted that despite disruptions caused by the Covid-19 pandemic, the domestic agrochemical industry has shown impressive growth.
Chand also observed that many Western countries are shifting from agrochemicals to biopesticides and the Indian industry needs to pay attention to this aspect. He urged the Agro Chem Federation of India (ACFI) to come out with a document on ease of doing business in agrochemicals. The Niti Aayog member was addressing a panel discussion on the occasion of the sixth annual general meeting of ACFI in the national capital.
Bayer CropScience stock has given a return of 10.76 percent over the last six months. The benchmark Nifty50 index has surged by 11.72 percent over the same duration.