“Tech will be the driving force for future growth”
“Some of the latest technologies that we can envision with the rapid developments taking place in the agrochemical industry for coming years will be drip irrigation to counter the water scarcity and unpredictable monsoon. There will be more utilisation of soluble complex fertilisers, nano fertilisers. Drone technology is likely to be implemented in the spraying mechanism. The industry will be witnessing advancements in Farm machinery, new molecules for ultra low dosages in farm chemicals. In consonance with our PM’S Make In India vision, value added IP related premix farm chemicals to address local problems will be the newest additions. Post-harvest and new agro produce storage techniques for protection and enhancing longevity of the crops. Last but not the least, more inclusion of E-commerce in agri inputs will be a game changer for the industry.”
“Our aim will be to launch our own new patented products to add the freshness in the product portfolio which shall boost the financial growth of the company significantly. The company is looking forward to spreading its wings beyond domestic centric by registering its products in key global markets- focusing to boost exports. Our other unique endeavors will include the manufacturing of export substitute molecules which are off-patented but making their maiden venture in the Indian market. To further accelerate growth propositions for BAL, the team will be focused on inorganic growth – scouting for acquisition in domestic and international spheres.”