Mankind Pharma forays into agritech with the launch of Mankind Agritech
Mankind Pharma, one of the leading pharmaceutical companies in India, has announced the launch of Mankind Agritech Pvt Ltd. The company has entered into the ever-growing Indian agri-input segment to use technological innovations in the field and bring its expertise to Indian farmlands and Indian agriculture consumers.
New Delhi
Mankind Pharma, one of the leading pharmaceutical companies in India, has announced the launch of Mankind Agritech Pvt Ltd. The company has entered into the ever-growing Indian agri-input segment to use technological innovations in the field and bring its expertise to Indian farmlands and Indian agriculture consumers.
The decision behind foraying into this division is to assist Indian farmers by providing new-age technologies and helping farmers for the betterment of the rural sector.
With the launch of Mankind Agritech, the company will be providing crop care solutions to Indian farmers, including weedicides, insecticides, fungicides, plant growth regulators and biologicals. Mankind Agritech will work towards food safety for the country. The company will invest in new technological tools and aims to deliver the same to the farmers to support them.
Announcing the launch, Rajeev Juneja, Managing Director and Vice-Chairman, Mankind Pharma said, “We are happy to announce our launch in the agritech domain with long-term investment plans with an initial 150-200 crore capex infusion in the first two to three years. Mankind Agritech is committed to bring world-class crop protection technology to Indian farmers.”
“If the farmers get the right products and tools, they would be in a position to make an informed decision of using the input and right technology. Mankind Agritech will ensure quality assurance to the farmers,” added Juneja.
The new vertical will be headed by Partha Sengupta, a veteran of the Indian agrochemical industry. He brings in a plethora of experience from the agrochemical industry with over three decades of experience in sales and marketing.
Sengupta said, “It’s important that the Indian agriculture ecosystem flourishes with product offerings and services that give our annadatas (food-givers) the power of choice without compromising on quality. We are here to offer them uncompromised world-class quality products associated with the latest technology available internationally with a promise to offer value that inspires farmer empowerment."
Mankind Agritech is committed to bringing world-class crop protection technology to Indian farmers under the parent umbrella of Mankind. The new vertical of crop protection will add to the commitment of the company to “serving life” and ensure formulating, developing, commercializing and delivering value for money crop protection solutions to Indian farmers that would help the country meet the growing demands for quality produce from shrinking acreages of farmlands.
Having begun its journey in 1995, Mankind Pharma operates in 34 overseas destinations leveraging 14,000 employees.
