FMC India aims Rs. 5,000-cr revenue in 5 yrs

FMC India has a range of 40 products under insecticides, fungicides and herbicides categories. After the five newly launched products, it has 10 more proprietary products in the pipeline, making the total range to 50 products over next five years

Hyderabad: Global agricultural sciences company FMC India aspires to achieve Rs 5,000-crore revenue in five years from Rs 3,000 crore this year. To accomplish this ambitious plan, it has announced portfolio expansion with five new products in support of farmers to achieve better yields through good quality produce and an improved soil profile. The newly launched products will be available for sale from this December.

Ravi Annavarapu, President, FMC India, said, "For more than three decades, the company is committed to serve farmers and enable their prosperity, while contributing to the sustainable agriculture. The new solutions introduced today are a result of FMC's deep multi-year research in identifying farmers' challenges and addressing them effectively and quickly through customized innovations."

Currently, the company has a range of 40 products under insecticides, fungicides and herbicides categories. On Monday, it has launched two insecticides – Corprima and Talstar Plus, a herbicide – Austral, and two crop nutrition products – Petra Biosolution and Cazbo micronutrient solution. It has 10 more proprietary products in the pipeline, making the total range to 50 products over next five years.

FMC India's support of Indian farmers is not limited to its extensive product offering. The company has been running customised training programmes for farmers throughout the year, promoting good agricultural practices covering all kinds of crops grown across India. It has recently partnered with eight universities across India to promote sustainable agricultural practices.

In Telangana, the company has signed an MoU with Professor Jayashankar Telangana State Agricultural University in Hyderabad on a Model Village Programme. It has also collaborated with Acharya N G Ranga Agricultural University in Andhra Pradesh for a similar programme. It announced scholarships to 10 post graduate students and 10 graduate students from each university.

Additionally, FMC India works to provide clean and safe drinking water to rural communities through its flagship community outreach program Project Samarth. It has provided purified drinking water to more than one lakh farmer families with the installation of over 57 reverse osmosis water plants in the country.