ACFI Seeks Rs 5,000-7,500 Crore Scheme To Reduce China Dependence In Crop Protection
Agrochemical industry body ACFI has pitched a Rs 5,000-7,000 crore support scheme to the government, arguing it’s needed to make India self-sufficient in agrochemical technicals and intermediates while neutralising China’s cheaper production costs. Prepared alongside consultancy KPMG, the proposal envisions a seven-to-eight-year rollout, with two to three years set aside for getting plants up and…