BASF India Business Director-Agricultural Solutions Giridhar Ranuva, BASF Asia Pacific Senior V-P-Agricultural Solutions Simone Barg and BASF SE Senior V-P Global Strategic Marketing, Agricultural Solutions Marko Grozdanovic on the launch of recent insecticide in Hyderabad on Monday.
| Photo Credit: Special association
Global chemical options agency BASF has launched Efficon, a brand new insecticide, in India to assist farmers rein in piercing and sucking pests that pose a menace to crops.
The product is among the many first compounds out there launched underneath the brand new IRAC group 36 that represents a brand new class of pesticides (Group 36 — pyridazine) and which has no recognized cross-resistance with current merchandise out there, the corporate stated on the launch right here on Monday.
India is among the earliest international locations the place the product is being launched. The insecticide was first rolled out in Australia final yr and subsequently in Korea, BASF India Business Director Agricultural Solutions Giridhar Ranuva stated. While the insecticide is being imported to start with, will probably be manufactured in India inside a yr or two, he stated in a reply to queries.
Over the final 5 years, BASF has invested greater than euro 300 million on analysis and manufacturing in India, he stated.
Efficon will assist Indian farmers get safety towards insect pests in all kinds of crops like cotton and greens. “Cotton, cucumber, chilli, tomato and brinjal [crops] are the first wave labels that we got approved from the government,” Mr. Ranuva stated, including approval to be used in soya bean, potato, onion, mustard and cumin crops was anticipated.
In a launch, BASF stated in India it has eight manufacturing websites, 42 workplaces and greater than 2,300 workers. In 2023, BASF registered gross sales of roughly euro 2.4 billion to clients in India. Globally, the BASF Group has 1,12,000 workers and generated euro 68.9 billion gross sales in 2023.
