Rallis India Annual Report Takeaways.
'Launched and promoted 2 botanical biopesticides'
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A Thread 🧵👇
1/ From the desk of Mr. Bhaskar Bhat (chairman) ✒️
- Talks about how the reforms in the 🇮🇳's sector over the long run: will make it more organized
- Record production of foodgrains this year: 303 million tonnes
- Focus is to increase R&D infra & manufacturing capacities.
2/ Crop care business (83% of rev)
- 10% YoY growth in domestic & 3% growth in exports (incl. CDMO)
- Launched 4 new products in Crop Protection (3 in-house formulations) & 6 new products in Crop Nutrition (2 in Biopesticides)
- Enhanced dealer network by 5%.
3/ 🇮🇳 Crop care
- Formulations was up 14%
- Channel network of 3879 distributors & 48K dealers
Exports Crop care
- Acquired 9 registrations
- Global leadership in most active ingredients
- Adding 2 new manufacturing plants in Dahej & scale-up facilities for CDMO biz
4/ Seeds business (17% of rev)
- 11% growth in rev
- Challenging business environment
- Launched 4 new products
- Sharpening focus on segments having successful products
- Plans to set up new retailer loyalty programmes, combined with a hybrid demand generation model.