Regional Updates: China and India
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Indian Agro Chemical Industry: Learning a Way Forward from a Challenging Year
Abhijit Bose, Chief Marketing Officer, Tagros Chemicals India Pvt. Ltd.
Abhijit Bose, Chief Marketing Officer, Tagros Chemicals India Pvt. Ltd. discusses the Indian agrochemical industry’s response to challenges faced in 2023, highlighting India’s emergence as a global leader in crop production and agrochemical exports. He emphasizes the country’s strengths, including a large domestic market, strong manufacturing capabilities, and increasing investment in research and development. India has become the second-largest exporter of agrochemicals, benefiting from quality production, government support, and logistics improvements. The sector’s focus on backward integration, regulatory compliance, and sustainability is also noted, along with the potential for growth in biostimulants, contract manufacturing, and formulation technology.
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China Update: Market Entry Strategies
 Renee Targos |
 David Li |
 Jeffrey Ma |
 Kevin Li |
Renee Targos, Editor, AgriBusiness Global (moderator) introduces the China Update panel featuring David Li, Marketing Director, SPM Biosciences (Beijing) Inc. and Jeffrey Ma, Head of International Corporate Development and Legal and CEO, Maxunitech North America, Inc. and Maxunitech Do Brasil LTDA Maxunitech, Inc. and Kevin Li, General Manager of Fuhua Crop Protection Division, Sichuan Leshan Fuhua Tongda Agro-chemical Technology Co., Ltd. The discussion focuses on the current state of the agrochemical industry, particularly the challenges of oversupply and competition. Kevin emphasizes the need to improve production efficiency rather than just scaling up, while Jeff highlights the importance of investing in R&D and maintaining quality amid market volatility. David explores the causes of overcapacity and the strategies needed for long-term survival. The panel also covers future strategies for expanding into new product categories, the outlook for glyphosate pricing, and the significance of effective supply chain management in navigating industry challenges. •