Agrochemicals refer to chemicals used in agriculture, including pesticides, fertilizers, and herbicides. The agrochemicals industry in India is a significant contributor to the country's economy and plays a crucial role in increasing agricultural productivity.
According to a report, the agrochemicals market in India is valued at US$4.1 billion and is expected to grow at 8.3% to reach US$8.1 billion by 2025. (Source: AgroPages)
The demand for agrochemicals is expected to be driven by the government's emphasis on increasing agricultural productivity and the adoption of modern farming practices. The report also highlights the increasing adoption of precision farming techniques, which involve the use of advanced technologies such as drones and sensors, as a significant growth driver for the agrochemicals industry in India.
However, the industry also faces challenges such as the availability of cheaper imports, regulatory challenges, and increasing environmental concerns.
The use of agrochemicals has been linked to negative impacts on human health and the environment, including the contamination of soil and water bodies.
As a result, there is a growing demand for safer and more sustainable alternatives to traditional agrochemicals.
There are 154 agrochemical companies in India and 61 agrochemical companies in the United States.
The top 10 agrochemical companies in India are the following:
Let's have a look at the agrochemical companies in India with their key decision-maker contact information.
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