Author: AgroAsia
Initiative also includes Green Warehousing utilizing green solutions such as natural light or energy efficiency lighting, automated and compact storage systems and roof top solar. Government of India is committed to reduce the emissions from shipping sector and promote the development of net zero and low-emission solutions. By 2030, all the Major Ports are to be made fully self-sustainable on electricity. All the energy requirements of the port are to be met through renewable sources. Initiative also includes Green Warehousing utilizing green/ natural solutions such as natural light or energy efficiency lighting, automated and compact storage systems, roof top solar,…
EGA 2022 was hosted as an online hybrid event on 16th July by the esteemed jury, patrons, applicants and more than 500+ registrations. Envirocare Green Awards 2022 was hosted as an online hybrid event on 16th July. Graced by the esteemed jury, patrons, applicants and more than 500+ registrations the event was a grand success. Rahul Deshpande – CEO – Envirocare Labs, shared the inspiring journey of how Envirocare Labs was awarded as the 1st Platinum rated Indian Green Building council (IGBC) within the Testing, Inspection and Certification sector – and how the team focus has been on energy management, waste…
Company aims to sign up another 50,000 acres in August with extra financial incentives for farmers. AgriCapture is expanding its rapidly growing Soil Enrichment Project to enable more farmers to receive premium payments for their climate-friendly practices. Since its launch, the project has more than doubled in size, with over 1,10,000 acres of regenerative farmland enrolled and 31 farmers participating. The acres registered with the Climate Action Reserve’s (CAR) Soil Enrichment Protocol cover farmland across eight states in the Mid-South producing rice, corn, cotton, and soybeans. The AgriCapture team is attending field days and meeting with farmers across the Mid-South…
Better product realisations, favourable exchange rate, and higher volumes contributed to revenue growth in Q1 FY23. Agrochemical major, UPL Ltd has reported financial results for the first quarter of FY23 (Apr-June 2022). Q1 FY23 revenue witnessed growth of 27 per cent YoY to reach Rs 10,821 crore, led by better product realizations (+18 per cent), favourable exchange rate (+3 per cent), and higher volumes (+6 per cent). Q1 FY23 EBITDA grew by 26 per cent YoY to Rs 2,342 crore as against Rs 1,862 crore in Q1 FY22. Commenting on the performance, Jai Shroff, CEO – UPL Ltd., said “After…
Platform will enable income generation and climate resilient development by leveraging carbon credits through high-quality sequestration projects in India. Intellecap and Transform Rural India Foundation (TRIF) announced the launch of a national carbon finance platform that will help Indian smallholder farmers leverage climate/carbon finance for sustainable agro-forestry, climate smart agriculture and other activities that can result in carbon sequestration and mitigation. The platform brings together more than one million smallholder farmers who will be provided support and training for climate smart agriculture and agro-forestry. The newly launched platform will play a key role in empowering smallholder farmers by: Generating awareness…
Company plans to accelerate the commercial deployment of its next-generation product portfolio into new North American markets. Toranto based Vive Crop Protection announced the close of its USD $26 million Series C investment round. The round was led by Emmertech with participation from the Cibus funds, and existing investors Business Development Bank of Canada (BDC), Export Development Canada (EDC), and Urbana Corporation. Vive has also secured debt financing from Silicon Valley Bank (SVB) to provide both working and growth capital in support of their continued expansion. Vive will have a second close in the next quarter to accommodate top-tier investor…
Health Products sales constituted 34 per cent of the total sales in Q1 FY23, versus 20 per cent in Q1 FY22. One of the India’s leading poultry and animal vaccine manufacturing company, Hester Biosciences Limited has reported consolidated net profit of Rs. 3.56 crore and Revenue from Operations of Rs. 50.70 crore for the Q1FY23. Individually, the gross margins of the vaccines and the health products have been in line with the corresponding quarter, however, the overall margins have reduced due to the increase in the proportion of health products sales which have lower gross margins compared to vaccines. Health…
Sid’s Dairy Farm is aiming to grow multi-folds in the coming years and disrupt the Indian A2 milk market. Hyderabad based Sid’s Farm, a premium D2C dairy brand based out of Telangana, has launched A2 Desi Cow Milk for its customers in Hyderabad on the auspicious occasion of India’s 75th Independence Day. Due to high customer demand for A2 milk, the company made pre-booking available, and within the first 6 hrs of pre-booking; they received an overwhelming response with over 400+ customers pre-booking for more than 350 ltrs. India’s dairy market reached Rs 13174 billion in 2021. IMARC Group…
The funding will enable company’s delivery of the first-ever externally applied RNA for crop protection US based GreenLight Biosciences, a public benefit corporation striving to bring effective and safe solutions to make food clean and affordable for everyone and dedicated to developing health solutions for every person on our planet, announced a private placement of approximately $109 million. The financing includes participation from new and existing institutional investors, including S2G Ventures, BNP Paribas Ecosystem Restoration Fund, Continental Grain Company, Cormorant Asset Management, the Cummings Foundation, Fall Line Capital, the FTX Foundation, Insud Pharma, Morningside Venture Investments, Rivas Capital, Sigmas Group, SymBiosis and…
The project would generate employment for 500 people and boost the production, sale, and export of kiwi and other fruits from the region. Chandigarh-based IG Fresh Produce, a subsidiary of IG International, one of the leading fresh fruit importers, has planned to invest Rs 100 crores in the next five years in Arunachal Pradesh for the cultivation of exotic fruits like Kiwi and stone fruits. The company has engaged in an agreement with the Arunachal Pradesh Agricultural Marketing Board (APAMB) and the farmers of Namshu village in West Kameng district for the aforementioned endeavour. The undertaking within its purview would…