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| Annual Report 2008-09
21
Crop Protection
Products
Herbicides Fungicides Others
Sales increased mainly on account of
higher volumes in exports and domestic
sales of branded goods. Weak Re on the
one hand and better export realisations
on the other, helped secure sales growth.
The products made by the Division are
used mainly in the crop protection
segment of the Agriculture Industry. The
Agriculture
Industry
performed
exceedingly well on the back of robust
demand and higher realisations by the
farmers for their produce. The
competitors are based all across the
globe and also in India.
The Division enjoys cost leadership in
some key products, given its backward
integration and economies of scale. Its
existing product portfolio is not
comprehensive for export and has limited
market accessibility. Product demand is
expected to be high given the increasing
need for food, fibre and feed. The
Division is exploring a few new products
with synergy and market potential.
The performance of Agriculture Industry
is linked to weather which is
unpredictable.
2007-08
2008-09
% change over 2007-08
Operating revenues (Rs crores)
205
250
22
Contribution to total operating revenues (%)
20
21
1