It was a trying time for the stalwarts of honey in India. With their honey samples failing the purity test, their reputation was at stake. Amidst the controversy, the Indian honey industry has come forward to form an alliance with the hope to shed the misconceptions of honey and to spread awareness among consumers regarding honey’s health benefits.
Apart from this, Bhopal gets a new NSC regional office. Syngenta comes up with an innovative new device. It’s celebration time for Greaves Cotton, Insecticides India Limited decides to become “atmanirbhar,” and more.
Stay tuned with the trendiest news compiled by our KJ staff.
1. Samunnati Launches FPOnEXT India’s First Open Agri Network
Samunnati, a specialized Agri Value Chain enabler announced the launch of India’s first Open Agri Network, FPOnEXT,- an exclusive network of entities that are working with the FPO ecosystem via an affiliation programme, which offers unique benefits to the members. The network aims to enable FPOs and the ecosystem to go to the next level, by providing access to financial solutions, market linkages, value added services, technology interventions and other on-tap services. On the launch, Mr. Anil Kumar SG, Founder and CEO, Samunnati said, “At Samunnati, we have always been committed to focus on FPOs and their members. Building FPOs as viable and sustainable Institutions is an integral part of this endeavor.
2. Greaves Cotton rising a lifetime high
Shares of Greaves Cotton have continued to move northward, rising as much as 9 % to scale a lifetime high of Rs 184.25. However, the stock settled at Rs 173.55 ,up 4 %. Shares of Greaves Cotton have outperformed markets, rising as much as 105 % in the year 2021 so far. In the last one month the counter is up by 35 %.
3. Indian honey industry comes together to form India Honey Alliance
Leading names of the Indian honey industry announced the formation of the India Honey Alliance (IHA). IHA aims to provide a unified voice to every stakeholder operating in the entire honey ecosystem from ‘Hive to Home’. IHA has already initiated dialogue with the Central Government and is working closely with the consumers as well as scientific bodies to take modern, easy-to-use, affordable, and scalable technology to farmers and apiarists.
Test whether your honey is pure.
4. Insecticides (India) decides to cut down dependence on China
In a bid to significantly reduce its dependence on China for raw material, Insecticides (India) Limited has decided to produce the key intermediates in India. To produce intermediates locally; WFH drives kharif marketing, outreach. Rajesh Aggarwal, Managing Director of IIL said, “At present we are importing about 30-35 per cent of the raw material from China. We are planning to produce it locally. When we set up our plant for the intermediates by the end of this calendar year, we would be able to reduce their imports by 7-8 per cent,”
To watch video, click here: https://www.youtube.com/watch?v=eI7J89BdjVY
5. AIMCO Pesticides reported total income of Rs.47.09 crores
AIMCO Pesticides has reported total income of Rs.47.09 crores during the period ended March 31, 2021 as compared to Rs.38.22 crores during the period ended December 31, 2020. The company reported total income of Rs.32.96 crores during the period ended March 31, 2020.
6. New Syngenta 3D ninety nozzle gives better coverage all round
The new Syngenta 3D ninety drift reduction nozzle that can better balance the demands of improving application efficacy and minimizing environmental loss is to be launched at the International Sprays & Sprayers event in Lincolnshire, this week. The iconic design of the Syngenta 3D ninety combines the exceptional performance of the company’s renowned 3D nozzle, with all the benefits of revolutionary 90% drift reduction technology (DRT).
7. Union Minister of Agriculture virtually inaugurates NSC in Bhopal
The Union Minister of Agriculture and Farmers Welfare Narendra Singh Tomar has virtually inaugurated a regional office of NSC (National Seed Corporation) in Bhopal. The capacity of this seed warehouse is 3000MT.
8. Sugar companies announcing capital expenditure after a long gap
Sugar companies have started announcing capital expenditure after a long gap to enhance their ethanol production capacity. Their decision has largely been enthused by the Centre’s plans to advance its target of 20 per cent ethanol blending with petrol to 2023 from 2025.
9. 2021 Virtual Biopesticide Summit
The 2021 Virtual Biopesticide Summit will be organized by World Bio Protection Forum on 6 July 2021 at London, United Kingdom. The Summit is the General Annual Meeting of the World BioProtection Forum and its members.
