India Region

Union Budget 2025: Opportunities for Farmers and Agri-Tech Innovation

14 January 2024, New Delhi: With the Union Budget 2025 on the horizon, India’s agriculture sector is set to witness significant policy initiatives aimed at fostering growth and innovation. Agriculture, a backbone of the Indian economy, contributes over 15% to the national GDP and employs more than 45% of the population. Over the past five years, the sector has maintained an impressive average annual growth rate of 4.18%.

Mr. Ankur Aggarwal, Managing Director, Crystal Crop Protection Limited

Mr. Ankur Aggarwal, Managing Director of Crystal Crop Protection Limited and Chairman of Crop Life India, highlights the importance of this year’s budget in unlocking the sector’s potential. “We anticipate focused allocations toward driving technology adoption, enhancing productivity, and strengthening storage and supply chain infrastructure,” said Mr. Aggarwal. “These measures would empower farmers, the true ‘annadatas’ of the nation, while benefiting agricultural machinery owners and original equipment manufacturers.”

Crystal Crop Protection Limited has consistently championed innovation in agriculture through robust research and development. The company’s diverse portfolio includes pesticides, insecticides, herbicides, natural crop solutions, seeds, and advanced agri-equipment. “We look forward to initiatives that improve productivity per hectare while creating employment opportunities for India’s talented youth,” said Mr. Aggarwal.

The government’s vision for Aatmanirbhar Bharat, or Self-Reliant India, finds a strong resonance within the agriculture sector. Mr. Aggarwal emphasized the need to embrace technology-driven solutions and champion policies that encourage gender diversity and inclusivity in agriculture. “By integrating innovative approaches and fostering inclusivity, the sector can not only boost economic growth but also ensure equitable opportunities for all stakeholders,” he stated.

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