Coromandel Inaugurates Hi-Tech Polyhouse at Telangana
Coromandel Inaugurates Hi-Tech Polyhouse at Telangana R&D
Facility to Boost Precision Agriculture Research and New Product Development
National, 30th September 2024 – Coromandel International Limited, India’s leading agri solutions provider, has inaugurated a state-of-the-art Hi-Tech Polyhouse at its Research & Development (R&D) Farm in Shamirpet, Siddipet district, Telangana, further advancing its leadership in precision agriculture and new product development. This new facility strengthens Coromandel’s commitment to advancing precision agriculture and accelerating innovation in new product development.
The inauguration event was presided over by Mr. S Sankarasubramanian, Managing Director and CEO, and was graced by the presence of senior leadership team Mr. Amir Alvi, Chief Operating Officer, Mr. Amit Rastogi, EVP and Chief Technology Officer, Mr. Madhab Adhikari, VP & Head of Sales and Marketing, Mr Babu G, VP and Head Retail Business.
The event also saw the participation of dignitaries from the Department of Horticulture, including Mr. Venkat Ramireddy, former Commissioner of Horticulture, Ms. Suvarna Devi, Deputy Director of Horticulture, emphasising the significance of this initiative in fostering agricultural innovation. Their participation highlights the growing collaboration between Coromandel International and government bodies in fostering agricultural innovation for the benefit of farmers.
The newly inaugurated Hi-Tech Polyhouse is equipped with the latest technology, enabling Coromandel to conduct advanced field trials of its innovative range of agri-inputs and solutions. The facility is designed to conduct pot experiments and advanced trials using soilless media, including hydroponics and cocopeat systems. These trials will be focused on the precise calibration of nutrients, making the polyhouse a critical testing ground for breakthrough products such as nano fertilizers, biostimulants, liquid fertilizers, slow and controlled release fertilizers, customized and coated fertilizers, plant growth regulators (PGRs), etc.
Over 100 high-net-worth (HNI) farmers and channel partners attended the event, gaining firsthand experience of the polyhouse’s advanced capabilities, live demonstrations of hydroponics, cocoponics, and advanced crop diagnostic tools such as Green Seeker, SPAD meter, K-meter and Refractometer.
Adding to the momentum of innovation, the event also included discussions on the latest advancements in autonomous robotic farm machinery developed by X Machines, a company in which
Coromandel has recently made a strategic investment. Attendees observed live demonstrations of this cutting-edge technology and gained valuable insights into how autonomous machinery is transforming the future of agriculture. The use of robotics aims to increase farm efficiency and reduce labour dependency, highlighting Coromandel’s commitment to integrating advanced technology into farming practices.
Mr. S Sankarasubramanian, Managing Director and CEO, Coromandel International Limited emphasized Coromandel’s commitment to supporting the agricultural sector, stating, “We are dedicated to serving the farming community to the fullest extent. With our farmer-first approach, our goal is to provide high-quality inputs and services that enhance the livelihoods of farmers and drive sustainable growth in the sector. The launch of the Hi-Tech Polyhouse underscores Coromandel’s vision for the future of agriculture. We are focused on driving innovation in every aspect of farming from the development of high-efficiency products to incorporating smart technologies that will revolutionize field operations and reduce environmental impact.”
About Coromandel
Coromandel International Limited is amongst India’s pioneers and leading Agri solutions provider, offering diverse products and services across the farming value chain. It operates in two major segments: Nutrient and other allied businesses and Crop Protection. These include Fertiliser, Crop Protection, Bio Products, Specialty Nutrients and Organic businesses. The Company is 2nd largest manufacturer and marketer of Phosphatic fertiliser in India. The Company’s Crop Protection products are marketed in India as well as in international geographies, offering wide range of technical and formulation products. The Specialty Nutrients business of the Company focuses on water soluble fertiliser, secondary & micronutrients and nano fertiliser products. The Company is leading marketer of Organic fertiliser in India. The Bio Products business of the company focusses on plant extractions for various applications. It also operates a network of around 750+ rural retail outlets across Andhra Pradesh, Telangana, Karnataka and Tamil Nadu. Through these Retail outlets, the Company offers agri inputs and farming services including crop advisory, soil testing and farm mechanization to around 3 million farmers. The Company has 7 R&D centers and a strong Regulatory setup, supporting the businesses in process development and new product introduction. The Company has 18 manufacturing facilities, spread widely across India, producing wide range of Nutrient and Crop Protection products, which are marketed through an extensive network of dealers and its own retail centers.
The Company clocked a turnover of Rs. 22,290 Crores during FY23-24. Its efforts towards environment have been well recognized by international organizations like UNDP and has also been voted as one of the ten greenest companies in India by TERI. Coromandel is a part of the INR 778 billion (INR 77,881 Crores) of the Murugappa Group.
For more details, visit www.coromandel.biz
About Murugappa Group
A 124-year-old conglomerate with presence across India and the world, the INR 778 billion (77,881 crore) Murugappa Group has diverse businesses in agriculture, engineering, financial services and more.
The Group has 9 listed companies: Carborundum Universal Limited, CG Power & Industrial Solutions Limited, Cholamandalam Financial Holdings Limited, Cholamandalam Investment & Finance Company Limited, Coromandel International Limited, EID Parry (India) Limited, Shanthi Gears Limited, Tube Investments of India Limited and Wendt India Limited. Other major companies include Cholamandalam MS General Insurance Company Limited and Parry Agro Industries Limited. Brands such as Ajax, Hercules, BSA, Montra, Montra Electric, Mach City, Chola, Chola MS, CG Power, Shanthi Gears, CUMI, Gromor, Paramfos, Parry’s are part of the Group’s illustrious stable.
Abrasives, technical ceramics, electro minerals, electric vehicles, auto components, fans, transformers, signalling equipment for railways, bicycles, fertilisers, sugar, tea and several other products make up the Group’s business interests.
Guided by the five lights — integrity, passion, quality, respect and responsibility — and a culture of professionalism, the Group has a workforce of over 83,500 employees.
For more details, visit www.murugappa.com
