Sees development in desire for its herbicide items on rise in glyphosate price ranges
Bengaluru, February 6
Right after a muted overall performance in kharif, agrochemical major UPL is eyeing a development in the on-going rabi period. The business is launching new technologies for rice and sugarcane, which it believes will would support generate progress.
“Rabi should be superior in India. Globally, it is our biggest quarter. We should be equipped to continue our expansion,” mentioned Jai Shroff, World-wide CEO, UPL.
Unfavourable weather conditions for the duration of kharif season impacted the demand in essential focus on crops ensuing in a flattish income expansion in Indian market. UPL clocked revenues of ₹907 crore in December quarter from its Indian functions as when compared to identical time period very last year’s ₹906 crore.
“The Indian market place was impacted by drought in Madhya Pradesh and cyclonic weather conditions in Andhra. We