DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/53016b/indian_pesticides) has announced the addition of the "Indian Pesticides Industry, 2011" report to their offering.
Production in the Indian pesticide industry has remained stable at 82,000 -85,000 MT in FY09-10. In value terms, the size of the Indian pesticide industry was estimated at Rs.180 bn during FY10, including exports of Rs. 100 bn. The Indian pesticides industry is dominated by insecticides, whereas globally herbicides and fungicides are the key segments.
Pesticides are the last input in the agricultural process but are important for the sustainable development of agriculture. Despite the fact that judicious use of pesticides can prevent crop losses and provide economic benefits to the farmers, pesticide consumption in India is limited to about 25% of the arable land. This abysmally low penetration level is largely due to the lack of awareness among farmers regarding the benefits of use of pesticides, fragmented land holdings, together with farmers' financial inability to buy the requisite pesticides.
The 2011 report on the Indian pesticide industry provides the latest available statistical data on consumption of pesticides (state-wise & category-wise), capacity & production, imports & exports and state-wise adoption of Bt cotton and Genetically Modified (GM) seeds consumption data. The report provides information on newer techniques of crop protection like Integrated Pest Management (IPM), Biopesticides and GM crops. Elaborate analysis is also presented in the report regarding cost, pricing and profit analysis of key companies in the sector in India. along with the company scan. The report also outlines the future demand growth for the industry.
The report is indispensable for any company in the pesticide industry, banks/ Financial Institutions (FIs), policy makers, research & academic institutions, other international and national agencies etc. Additionally, the four quarterly updates from the date of subscription of the said report would form a potent tool for subscribers to keep abreast of the happenings in the industry.
Companies Mentioned:
- United Phosphorus Ltd.
- Rallis India
- Bayer Crop Science Ltd
- BASF India Ltd.
For more information visit http://www.researchandmarkets.com/research/53016b/indian_pesticides