Dhanuka Agritech Signed an MoU With The Indian Council of Agricultural Research

On March 20, 2024, a significant development took place in the Indian agricultural sector. Dhanuka Agritech Limited, a leading agrochemical company, and the Indian Council of Agricultural Research (ICAR), the apex body for agricultural research and education in India, signed a Memorandum of Understanding (MoU). This collaboration marks a strategic effort to bridge the gap between cutting-edge research and practical on-ground application, ultimately aiming to empower farmers with the latest technologies and best practices.

The MoU was signed by Dr U.S. Gautam, Deputy Director General (Agricultural Extension), on behalf of ICAR, and Dr R.G. Aggarwal, Chairman of Dhanuka Agritech Limited. Dr Gautam emphasised the importance of reaching the vast network of Indian farmers, particularly the ones with smaller land holdings, which constitute a majority. He highlighted that through this MoU, Dhanuka Agritech will leverage its expertise to provide training programs on agricultural production in collaboration with ICAR’s central institutes, Agricultural Technology Application Research Institutes (ATARIs), and Krishi Vigyan Kendras (KVKs).

Dr. Gautam further addressed the pressing concern of climate change. He acknowledged the global challenge and its impact on Indian agriculture. He stressed the MoU’s significance in fostering collaboration on developing new agricultural production methods that are not only efficient but also environmentally sustainable. Specifically, he mentioned the MoU’s focus on promoting natural farming practices, a crucial step towards mitigating the environmental impact of agriculture.

Dr. R.G. Aggarwal, Chairman of Dhanuka Agritech, elaborated on the company’s commitment to this initiative. He outlined plans to provide farmers with advisory services and conduct training programs in close collaboration with ICAR-ATARI and KVKs. These programs will equip farmers with the knowledge and skills necessary to adopt innovative techniques and enhance their agricultural productivity.

The signing ceremony witnessed the presence of dignitaries from both organisations, including the Assistant Director General of ICAR, Directors, senior scientists, and senior officers from ICAR headquarters. This strong representation underscores the collaborative spirit and commitment to making this partnership a success.

This MoU between Dhanuka Agritech and ICAR is a promising step towards revolutionising the Indian agricultural landscape. By combining Dhanuka Agritech’s industry experience with ICAR’s extensive research capabilities, this collaboration has the potential to empower farmers, improve agricultural yields, and promote sustainable farming practices in the country.

About Dhanuka Agritech Ltd

Dhanuka Agritech Limited is engaged in the manufacturing of numerous agro-chemicals like herbicides, insecticides, fungicides, and plant growth regulators in various forms: liquid, dust, powder and granules.

On March 20, 2024, the share price of Dhanuka opened at ₹976.00 and touched the day high of ₹1,014.95 at 3:00 PM.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.