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Agriculture sector to have a new fertiliser market
 
Agriculture sector to have a new fertiliser market
As a major boost to the agriculture sector in India, a new fertiliser is likely to hit the market, which would increase the crop yields by a third and provide an unbelievable 200%profit margin to manufacturers.A high-tech fungus, which yields in rich crop,is very much in demand in the country. In a sector where companies have not seen healthy profits in years, four local companies, including pharma major Cadilla and a Canadian fertiliser major is ready to sign up as well for this desi wonder. Mr Alok Adholeya ,Director ,TERI and Head of its Biotechnology Initiative,said,"This is a completely eco-friendly organic fertiliser that simply needed a technology that could enable commercial production and mass marketing without loss of efficacy in the transit time to fields."In 2001, TERI came up with a unique technology that allows production of contaminant -free fungi in a sterile semi-synthetic media.That is helping the companies to set up units and start production in various locations across the country.
Posted On : 12/7/2005 1:43:43 PM

 
 
 
Agriculture sector to have a new fertiliser market