SK Chaudhary, Founder Director, Safex Chemicals Ltd

“The Union Budget is quite progressive for the agriculture sector. The abolition of the Angel Tax is a visionary step that will significantly empower startups, catalyzing innovation and growth within the agricultural sector. This, along with the comprehensive review of agricultural research, announces a new era of productivity and climate resilience. The introduction of the National Cooperation Policy promises a structured and inclusive development of the cooperative sector, which is crucial for the collective progress of our farming communities.

The release of 109 new high-yielding and climate-resilient crop varieties is a testament to the government’s foresight in fortifying our food security amidst changing climatic conditions. The push towards Atmanirbharta in oilseed production reflects a strategic move towards self-reliance and a reduced import burden.

We are also inspired by the government’s commitment to natural farming, with plans to initiate 1 crore farmers into this practice and establish 10,000 bio-input resource centers. The establishment of a Digital Public Infrastructure for agriculture will revolutionize the way we approach farming, with digital crop surveys and the issuance of Kisan Credit Cards under the Jan Samarth initiative paving the way for a tech-enabled agricultural landscape.”

About Safex Chemicals

Founded in 1991, Safex Chemicals is a leading player engaged in the manufacture and sale of crop protection products across India. Safex Chemicals is amongst the fastest growing agrochemical companies in India with a 25%+ revenue CAGR over the past 5 years. The Company has successfully expanded into a pan-India player with a presence across the agrochemicals value chain in India. Briar Chemicals, UK is Safex’s third acquisition in the last 18 months.

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