logo
Syngenta eyes global biologicals leadership from India base, cites regulatory hurdles

Syngenta eyes global biologicals leadership from India base, cites regulatory hurdles

Time of India22-07-2025
Swiss
crop protection
giant
Syngenta
on Tuesday said it expects to become the world's top
biologicals company
within the next few years, leveraging its strong performance in India despite
regulatory challenges
that constrain agricultural innovation.
In an interview to PTI, Steven Hawkins, Global President of Syngenta Crop Protection, said the unpredictability of India's regulatory system poses challenges for bringing new technologies to farmers in the country's highly regulated crop-protection industry.
Explore courses from Top Institutes in
Select a Course Category
Project Management
Management
Degree
CXO
Data Science
Operations Management
Artificial Intelligence
Data Analytics
Data Science
MCA
Finance
Healthcare
Others
Product Management
Design Thinking
MBA
healthcare
Technology
Leadership
Digital Marketing
Public Policy
Skills you'll gain:
Portfolio Management
Project Planning & Risk Analysis
Strategic Project/Portfolio Selection
Adaptive & Agile Project Management
Duration:
6 Months
IIT Delhi
Certificate Programme in Project Management
Starts on
May 30, 2024
Get Details
"We believe that somehow unpredictability of the regulatory system does somehow constrain technology innovation for farmers, for agriculture. This is an area where we would like to see (it) improve," Hawkins said in an interview.
Despite these hurdles, India remains a crucial market for the company. "India is a very important market for us. First of all, it is a large market. It is a growing market. Also, it is a market where new technologies can be highly utilized," Hawkins said.
Syngenta, currently the world's second-largest biologicals company, has ambitious growth plans for the segment. "We believe we are already number 2 globally and I expect we will be number one biologicals company not only here in India but globally in the next couple of years," Hawkins said.
Live Events
The comments come as Union Agriculture Minister Shivraj Singh Chouhan recently expressed concerns over unregulated sale of biostimulants in the country.
Hawkins acknowledged the disruption caused by recent regulatory actions but supported establishing a regulated framework.
"It is unfortunate to have a stop sale and disruption has happened. Farmers do not have access to the products. But I think, alternatively, if we can quickly get to a regulated environment for biologicals going forward, we would support that," he said.
Hawkins said the company plans to launch several new products in India this year, including Tymirium, a novel nematicide that also functions as a fungicide for multiple crops.
Last year, Syngenta launched fungicide Adepidyn, following the previous year's launch of broad-spectrum insecticide Plinazolin. Along with Tymirium, these three products are global blockbusters worth more than USD 1 billion each - a first for the company, he said.
"We are thrilled that we are able to launch them here in India," Hawkins said, adding that additional products are in the pipeline for registration in coming years.
For India's business this year, Syngenta expects mid-single digit growth, though Hawkins noted this depends on inflation and monsoon conditions.
The company sees India's market dynamics as more favourable than larger markets like the United States and Brazil, where inventory issues have been more pronounced due to concentrated retail networks.
"Here in India, we saw less of the issue as the market here is more balanced," Hawkins said.
Syngenta continues to invest in
digital agriculture solutions
, with more than 3 million acres already on its Cropwise Artificial Intelligence platform. The company plans to deepen integration of this technology with local farming practices to enhance yields for small farmers.
"We have already done that to a degree. Now, we can do more," Hawkins said, noting India's technology capabilities provide opportunities to expand the platform further.
The company is also leveraging India's
Make in India
program, recently opening a Seed Health Lab in Telangana as part of its continued investment in the country.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Anil Ambani set to rise again, his debt free company now making good profits, earns Rs 600000000, company is....
Anil Ambani set to rise again, his debt free company now making good profits, earns Rs 600000000, company is....

India.com

time14 minutes ago

  • India.com

Anil Ambani set to rise again, his debt free company now making good profits, earns Rs 600000000, company is....

Anil Ambani (File) Anil Ambani, once India's industrial titan, is currently going through a difficult time. The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani for questioning on August 5 in a money laundering case linked to an alleged bank loan fraud worth crores of rupees against his group companies, official sources were quoted as saying by news agency PTI on Friday. The federal probe agency has also notified a Look Out Circular (LOC) against the 66-year-old businessman to stop him from travelling abroad, the sources said, PTI reported. He has been asked to depose at the ED headquarters in Delhi on August 5 as the case has been registered here. Moreover, the ED is also looking at allegations of 'illegal' loan diversion of around Rs 3,000 crore, given by Yes Bank to the group companies of Ambani between 2017-2019. After the news broke, Reliance Power and Reliance Infrastructure shares reportedly fell significantly. Overall, the market was in a selling mode. Amidst a series of difficult reports, there is some good news for Anil Ambani. His companies are planning a comeback. According to the ZeeNews report, Anil Ambani's company Reliance Infrastructure (Reliance Infra Shares) has turned from losses to profits. In the first quarter of FY26, it reported a consolidated net profit of Rs 59.84 crore, compared to a loss of Rs 233.74 crore for the same quarter of the previous financial year. Changing their strategies, Anil Ambani's companies are recovering. Earlier on Monday, shares of Reliance Infrastructure jumped over 4 per cent, reaching Rs 358 on the BSE. This jump came after the company reported a significant turnaround in performance, recording a record profit for the first quarter of FY26. The company declared it is now completely debt-free and has no dues to banks or financial institutions. Anil Ambani has altered his business paradigm, now focusing more on debt reduction. He paid off all the debts of Reliance Infrastructure and left the company completely debt-free. As the company began to get out of the debt trap, investor confidence began to return. It began receiving new orders, not just in India, but from abroad as well. This is the primary reason the company is transitioning from loss to profit, and the shares of Reliance Infra started showing signs of revival.

HP electricity board records Rs 315 cr profit in FY25 after years of losses
HP electricity board records Rs 315 cr profit in FY25 after years of losses

News18

time22 minutes ago

  • News18

HP electricity board records Rs 315 cr profit in FY25 after years of losses

Shimla, Aug 2 (PTI) The Himachal Pradesh State Electricity Board Limited (HPSEBL) turned profitable in financial year 2024-25, earning Rs 315 crore, an official statement said. Until March 31, 2024, HPSEBL had accumulated losses amounting to Rs 3,742 crore. 'After facing losses for many years, this is the highest profit ever recorded by the board. This milestone is not just a number, but a reflection of the commitment of the present state government to its vision of a 'Nai Soch, Naya Himachal'," a government spokesperson said in the statement. The present Himachal government, through its reforms, transparent administrative policies and financial discipline helped the board recover from losses and turn profitable, he said. Chief Minister Sukhvinder Singh Sukhu said the success was the result of a clear policy, honest governance and a welfare-oriented approach. As per the statement, for 2024-25, an amount of Rs 368.89 crore was approved for gratuity, medical reimbursement, revised pension arrears and leave encashment, a significant increase from Rs 87.56 crore in the previous year. Out of this, Rs 187.86 crore has already been disbursed till July 31, 2025. Sukhu exuded confidence that with everyone's cooperation, the board would become fully self-reliant, benefiting not only the employees and officers but also the people of the state. PTI COR ANU ANU ANU (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: August 02, 2025, 11:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

US-Russia-India tensions could spark crude oil prices to touch $80 per barrel
US-Russia-India tensions could spark crude oil prices to touch $80 per barrel

Economic Times

time44 minutes ago

  • Economic Times

US-Russia-India tensions could spark crude oil prices to touch $80 per barrel

Synopsis Oil market experts predict Brent crude oil prices will likely surge to USD 80 per barrel due to escalating US-Russia tensions threatening global oil supplies. Potential sanctions and tariffs on countries trading with Russia, initiated by the US, could further inflate prices. Disruptions in Russian oil flow could push prices even higher, potentially reaching USD 100-120 per barrel. ANI Representative image. Brent crude oil prices are expected to rise to USD 80 per barrel in the coming months as tensions between the United States and Russia threaten to disrupt the global oil supply chain, highlighted oil market experts in conversation with prices may face upward pressure as geopolitical risks increase. NS Ramaswamy, Head of Commodities & CRM at Ventura, said, "Brent Oil (Oct'25) from USD 72.07 has a short-term target of USD 76. Year end 2025 could reach USD 80-82. Downside support and cap at USD 69. U.S. President Donald Trump has given Russia a deadline of 10-12 days to end the war in Ukraine, failing which it runs a risk of additional sanctions and secondary tariffs of 100 per cent on countries trading with Russia, which would push the oil prices higher."This move by US President Trump could further increase oil prices, as countries dependent on Russian crude would face a difficult choice between buying cheaper oil and facing heavy export tariffs to the WTI Crude Oil (Sep'25), experts expect a short-term target of USD 73 from the current level of USD 69.65. The price could rise to USD 76-79 by the end of 2025, while the downside support is at USD 65. Experts said such developments could disrupt the global oil market. A supply shock may result from reduced spare production capacity, which would likely push oil prices higher through dilemma remains that President Trump wants lower oil prices, but a quick increase in US oil production is not possible, as it involves infrastructure, labour, and expert Narendra Taneja told ANI, "Russia exports 5 million barrels of oil into the global (oil) supply system every day. Crude oil prices would rise significantly - USD 100 to 120 per barrel, if not more - if the Russian oil is forced out of the global supply chains".He also added, "If Russian oil stops flowing into Indian refineries, prices would rise globally for sure. There would be no shortage of oil in India because our refiners import from 40 different countries, but balancing the price for consumers would be a challenge."Even if Saudi Arabia and select OPEC countries step in to fill the supply gap, it will take time, adding to short-term price pressure. The oil market could shift into a deficit situation even if OPEC+ does not announce further production the recent US-EU trade deal has provided some support to the market, but geopolitical tensions persist and continue to add upside risks. The market is also closely watching US inventory levels and the upcoming interest rate decision, with a stronger US dollar keeping some pressure on oil extended US-China trade truce has also supported market sentiment, but risks remain elevated in the oil sector.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store