UPL Ltd Reports Strong FY25 Earnings with Net Profit of $110M
UPL reported an 8% increase in revenue YoY, reaching $5.60Bn, led by strong performance in crop protection, seeds & specialty chemicals.
India’s agtech sector is expanding rapidly, with the market projected to reach Rs 42 lakh crore by 2030, driven by AI, precision farming, and digital platforms. The number of agtech startups has grown from fewer than 50 in 2013 to over 1,000, while the agricultural drone market is set to soar from $145.4 million to $13 billion by 2030. Government initiatives, such as the Digital Agriculture Mission and AI Centers of Excellence, are accelerating adoption, with Rs 990 crore allocated to AI-driven agricultural advancements. Technologies like AI-powered crop monitoring, predictive analytics, and farm management platforms are helping farmers optimize yields and reduce costs.
Despite challenges such as digital adoption barriers and the need for upskilling, India’s agtech market presents a $24 billion opportunity, with the potential to increase farmers’ incomes by 25-35%. As more private players and startups enter the space, AI-driven solutions and sustainability-focused innovations will continue to reshape the country’s agricultural landscape, enhancing productivity and ensuring long-term food security.
Discover all the AgTech Companies in India in our directory!
UPL reported an 8% increase in revenue YoY, reaching $5.60Bn, led by strong performance in crop protection, seeds & specialty chemicals.
Ninjacart, a leader in India’s agri-tech ecosystem, has announced the launch of its Ninjacart Startup Program to foster innovation and growth in early-stage FoodTech and.
Key Takeaways: Crystal Crop Protection has acquired I&B Seeds, enhancing its presence in high-value vegetable and flower seed segments. This acquisition includes popular marigold seed.
BioPrime has raised $6 million in Series A funding, led by Belgium-based Edaphon, with participation from Omnivore and Inflexor Ventures.
Australia is intensifying its long-standing partnership with India to boost agricultural productivity through a delegation visit.
BharatRohan secures $2.3 million in a blend of debt and equity financing from notable investors.
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