Radisson Blu Mumbai International Airport
2nd Annual Agro Chemicals R&D & Innovations
Research and development (R&D) is the innovation engine of the agrochemical industry and is crucial for driving growth. The industry is on the verge of constantly evolving technology to meet a wide range of demands, with R&D taking precedence. Over 3,000 crores of rupees have been spent on R&D by Indian corporations in the form of land, buildings, equipment, trials, and registration. This represents 5% of the agrochemical sector's overall revenue, which has significantly increased in recent years. The argument for the crop protection chemicals sector is becoming stronger with innovation driven by R&D exports. Agrochemical companies are increasingly focusing on introducing new formulations in their R&D capabilities and product mix to gain an edge.