The new research and development facility aims to promote the use of nano-inputs in agriculture
Coromandel International Ltd, a leading Indian agrochemical company, recently inaugurated its Nanotechnology Center in Coimbatore, Tamil Nadu. This state-of-the-art facility is part of the company’s commitment to advancing nano solutions in agriculture. With a focus on developing nano-enabled agro-inputs for plant nutrition and crop protection, the center aims to revolutionize the agricultural sector by harnessing the power of nanotechnology.
Pioneering Research and Development
The Nanotechnology Center will play a crucial role in conducting cutting-edge research in the synthesis, characterization, biosafety testing, and evaluation of nano-products. By exploring the potential of nanotechnology in agriculture, Coromandel International aims to develop innovative solutions that enhance crop productivity and sustainability. The center will serve as a central laboratory for all nano-products and facilitate the development of a diverse range of bioproducts.
Advancing Nano-Inputs in Agriculture
Coromandel International has already made significant strides in the field of nano-inputs. The company recently introduced Nano DAP, a nanotechnology-based fertilizer that enhances nutrient uptake and improves plant growth. Additionally, they have developed a Nano Urea formulation with 12% nitrogen content, which is currently undergoing extensive farmer trials. These initiatives showcase Coromandel’s commitment to leveraging nanotechnology to address the challenges faced by farmers and promote sustainable agriculture.
Disseminating Scientific Knowledge
The Nanotechnology Center aims to contribute to the broader application of nano-inputs in agriculture by disseminating scientific data and knowledge to farmers, scientists, and policymakers. Through collaborations with research institutions and partnerships with government agencies, Coromandel International seeks to create awareness about the potential benefits of nanotechnology in agriculture. By sharing their research findings, the center aims to empower stakeholders with the necessary information to make informed decisions regarding the adoption of nano-inputs.
Manufacturing Facility Expansion
To meet the growing demand for nano-products, plans are underway for the establishment of an integrated Nano products manufacturing facility in Kakinada. This facility will further enhance Coromandel International’s capacity to develop and produce nano-enabled agro-inputs on a larger scale. By investing in manufacturing infrastructure, the company aims to make these innovative solutions more accessible to farmers across the country, contributing to the overall growth and development of the agricultural sector.
Market Response
The inauguration of the Nanotechnology Center has garnered positive attention from investors, as reflected in the rise of Coromandel International’s shares by 0.40% on the Bombay Stock Exchange (BSE). This increase in share value, reaching ₹1,122.85 at 11:30 am, indicates the market’s confidence in the company’s strategic initiatives and the potential of nanotechnology in agriculture.
Conclusion:
Coromandel International’s Nanotechnology Center in Coimbatore represents a significant step towards advancing nano solutions in agriculture. By conducting pioneering research, developing innovative nano-inputs, and disseminating scientific knowledge, the company aims to revolutionize the agricultural sector and address the challenges faced by farmers. As the market responds positively to these initiatives, Coromandel International is well-positioned to lead the way in harnessing the power of nanotechnology for sustainable and efficient agricultural practices.
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