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Dhanuka Agritech Ltd

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BSE Code : 507717 | NSE Symbol : DHANUKA | ISIN : INE435G01025 | Industry : Agro Chemicals |


Chairman's Speech

As we embark on another year of agricultural innovation and growth, I am pleased to reflect on the strides we have made and the challenges we have overcome together. In the field of Pestology Science, our focus remains steadfast on expanding our research endeavors to encompass not only the development of eco-friendly plant protection chemical formulations and technologies but also on application technology and shelf-life improvement.

Our commitment to introducing new pesticides and bio-stimulants with active ingredients that are highly effective yet safe for the environment underscores our dedication to sustainable agriculture. By leveraging the expertise of our Japanese principal innovator companies, we continue to push the boundaries of agricultural technology and safety measures.

However, amidst our progress, it is crucial to acknowledge the gaps that persist in the Indian agricultural landscape. Despite significant advancements, the availability of advanced technology pesticides in the Indian market remains limited. With only 292 pesticide molecules registered in India compared to thousands in other countries, there is an urgent need for improvement in our registration systems and the adoption of the latest agricultural technologies.

Looking ahead, I am optimistic about the transformative potential of emerging technologies such as enabled spray drones, artificial intelligence, and digital innovations like remote sensors and UAVs. These innovations have the power to revolutionize agriculture by providing real-time monitoring and insights to farmers, thereby enhancing productivity and sustainability.

Moreover, initiatives such as Farmer Producer Organisations (FPOs) and the active involvement of private players are poised to create a transparent market and better opportunities for farmers, paving the way for a more prosperous agricultural sector.

As we navigate the evolving landscape of plant protection chemicals and agricultural practices, it is imperative that we prioritize education and awareness among agro-input dealers and farmers. By equipping them with credible information and promoting efficient use of new technologies, we can empower them to achieve optimum production and profitability.

I commend the entire Dhanuka R&D team for their dedication and efforts in compiling the Product Directory, a comprehensive resource that will undoubtedly serve as an invaluable tool for our stakeholders. With our unwavering commitment to advanced Integrated Crop Management and continuous innovation, I am confident that we will continue to lead the way towards a sustainable and prosperous future for Indian agriculture.

Additionally, I am thrilled to share exciting news regarding our Technical Manufacturing Plant in Dahej, Gujarat. Currently, it produces Bifenthrin Tech and will soon commence Lambda Cyhalothrin production. In addition to our manufacturing capabilities, we offer contract manufacturing and Contract Research and Manufacturing Services (CRAMS), fostering collaboration and growth opportunities.

Furthermore, as part of Dhanuka's unwavering focus on serving the needs of Indian farmers and strengthening our position in the crop care product segment, I am proud to announce the launch of Tizom. This product, introduced in the current financial year, joins our esteemed portfolio of 6 biologicals, 3 herbicides, and 2 insecticides. With Tizom, we continue to empower farmers with innovative solutions that enhance crop health and productivity.

I am also pleased to announce that the Indian Council of Agricultural Research (ICAR) and Dhanuka Agritech Ltd have signed an MoU at IARI, PUSA, New Delhi aimed at advancing agricultural practices through farmer training, capacity building, and the adoption of precision tools. This partnership signifies a commitment to fostering innovation in the agricultural sector, promoting sustainability and growth. This collaboration presents a significant opportunity to drive agricultural advancements and support our farmers.

Together, let us reaffirm our commitment to excellence and sustainability, as we work towards realizing India's agricultural potential and contributing to the nation's economic growth.

Dr. R.G. Agarwal

Chairman, Dhanuka Group