According to a report by the Agro Chemicals Federation of India (ACFI) and EY, India's agrochemical exports are projected to reach ₹80,000 crore (₹800 billion) over the next four years...
According to a report by the Agro Chemicals Federation of India (ACFI) and EY, India's agrochemical exports are projected to reach ₹80,000 crore (₹800 billion) over the next four years. This optimistic forecast reflects the growing global demand for agrochemical products and India's expanding role in the international agrochemical market.
Several factors contribute to this positive outlook, including advancements in agricultural technology, increased adoption of agrochemicals in various regions, and the strengthening of India's manufacturing capabilities. The report suggests that India's competitive advantage in terms of production costs and expertise in agrochemical formulations positions it well to capitalize on these opportunities.
