Syngenta MD Applauds Digital Reforms in Budget 2026, Seeks R&D Support
Syngenta MD Susheel Kumar welcomes AI-driven "Bharat-VISTAAR," while urging the government to reinstate R&D tax deductions and rationalize duties to fuel innovation.
Syngenta India welcomes Union Budget 2026 for its emphasis on AI-led agriculture, particularly through initiatives such as Bharat-VISTAAR, which recognise the role of digital advisory in improving farm-level decision-making, productivity and resilience.
The Budget’s focus on self-help–led entrepreneurship and rural enterprise development is a positive step towards creating local capability and employment across the agricultural value chain. Together with digital tools and advisory platforms, such measures can help strengthen last-mile delivery and adoption of improved farming practices.
At the same time, the industry had expected measures such as the restoration of the 200% weighted tax deduction on R&D, the introduction of a PLI-type incentive scheme, and reduction of customs duty on agrochemical exports, which were not part of this Budget. Syngenta India believes these remain important enablers for innovation and export competitiveness and looks forward to continued engagement with policymakers.
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