LATAM AgricultureGlobal AgricultureIndia Region

New Partnership Brings IFFCO’s Innovative Nanofertilizers to the Brazilian Market

03 July 2024, São Paulo: A team of experts from India and Brazil have joined forces to introduce nanofertilizer technology to the Brazilian agricultural sector. The partnership involves Dr. Arunachalam Lakshmanan from Nanoventions Private Limited (NVPL), Yogendra Kumar from the Indian Farmers Fertiliser Cooperative Limited (IFFCO), and Fausto Caron from Nanofert, a Brazilian venture.

The group recently met with the Governor of Mato Grosso, Brazil, to discuss the potential of advancing nanotechnology in the country’s agriculture. This collaboration marks a significant step forward, as IFFCO, India’s largest cooperative, has signed an agreement to bring its nanofertilizer products to the Brazilian market.

Through a partnership with Nanoventions Private Limited (NVPL), IFFCO will initially license and market its nanofertilizer products to Nanofert, a venture led by Brazilian entrepreneurs Fausto Caron and Ritesh Sharma. The long-term plan is for IFFCO to establish local production of these nanoinputs within Brazil.

The adoption of nanotechnology in agriculture is gaining momentum globally, and this project represents the first commercial application of this cutting-edge technology in Brazil. Since 2017, IFFCO has been actively researching and developing nanofertilizer solutions, and the company’s first promising results emerged by 2019. Despite challenges, including adverse weather conditions in 2020, fields treated with IFFCO’s nanofertilizers have demonstrated remarkable resilience and improved productivity.

The key to the success of IFFCO’s nanofertilizers lies in their nanometric scale, which allows for extensive coverage and efficient nutrient delivery to plants. As explained by Arunachalam Lakshmanan, the Managing Director of NVPL, the nanometric scale is akin to dividing an apple into thin slices to increase its coverage area. This innovation addresses a significant challenge in fertilizer use that is high product loss. Typically, plants only absorb 20-30% of chemical fertilizers, with the remainder being lost as gas or in the soil. IFFCO’s nanofertilizers aim to address this issue, reducing environmental impact and enhancing agricultural productivity.

(For Latest Agriculture News & Updates, follow Krishak Jagat on Google News)
(+80 Million Farming Audience Visits Krishak Jagat’s Hindi Website – Click Here for Website)