German chemical company BASF held an event in Hyderabad, India on Wednesday to launch its crop protection solutions for rice in India, one of the largest producers of the grain in the world, the company announced.
“Our aim is to help India’s rice growers to realize their full potential. We will dedicate BASF’s expertise in modern, sustainable farming to the needs of the Indian rice growing community,” a statement by Markus Heldt, president of BASF’s Crop Protection division, said.
Producing over 100 million MT of rice annually, rice is an important crop in India for both domestic and foreign customers. 10 million MT of rice is exported from the country each year, BASF said.
“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,” said Heldt.
BASF will now sell its fungicides Seltima and Adexar, and its Basagran herbicide in the country, adding additional products over the next three years, the release stated. 200 crop protection experts ae employed by the company in India, and BASF already offers a range of crop protection solutions there.
BASF is also investing in agricultural research in the country. In 2015, BASF established an agricultural research station in Pune. The company also operates a global research and development center in Navi Mumbai to research organic synthesis, advance processes and formulations, the development of chemistry for agricultural solutions, and molecular modelling.
“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,” said Dr. Raman Ramachandran, chairman of BASF Companies in India, in the release.