Adverse weather conditions have long been a concern for the agrochemical sector. The industry is currently grappling with unpredictable weather patterns, which include unseasonal rainfall, extended droughts, and extreme temperature fluctuations. These weather anomalies disrupt agricultural cycles and pose significant challenges to farmers and agrochemical companies alike.

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Companies like Sharda Cropchem claims to develop new products and solutions that are more resilient in the face of changing weather patterns. These innovations are aiming to help farmers adapt to evolving climate conditions and protect their crops effectively.

In an interview with CNBC-TV18, RV Bubna, the Chairman and Managing Director (CMD) of Sharda Cropchem spoke about the challenges faced by the agrochemical industry due to adverse weather conditions. Bubna's insights offer valuable perspectives on the impact of climate-related factors on agriculture and agrochemical businesses.

One of the primary concerns raised by Bubna is the adverse impact of irregular weather on crop yields. Unpredictable weather conditions can lead to crop failures, reduced crop quality, and decreased agricultural productivity.

Watch:

Rajesh Pherwani, the founder of Valcreate Investment Managers, discussed agrochemical stocks, while Ajit Venkataraman, the Managing Director of Finolex Industries, provided insights into the demand outlook.

For more details, watch the accompanying video.

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(Edited by : Sangam Singh)

First Published:Sept 28, 2023 4:44 PM IST