Budget 2025, Jan. 28 -- The chemicals sector has faced multiple challenges during the year 2024. The channel destocking , weak demand, pricing pressure, all were key challenges faced. The Agri chemical manufacturers faced concerns led by unpredictable weather patterns and supply chain disruptions to growing sustainability pressure.

However, there has also been significant progress, particularly in agri-tech innovations and the government's commitment to farmer welfare. Looking ahead to Budget 2025, there's a valuable opportunity to build on this momentum.

For the agrochemical sector, the focus should be on

1. incentivizing research into eco-friendly and latest new age solutions and PLI. Supporting small-scale farmers with better access...