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DCM Shriram has signed a memorandum of understanding (MoU) with Bayer CropScience to jointly explore ways to improve India’s agriculture system using new ideas, sustainable practices, and solutions that benefit farmers.
DCM Shriram runs businesses in farming, chemicals, and vinyl products, focusing on efficient production and sustainable practices and catering to varied industries.
While Germany-based Bayer Crop Science develops and sells products focused on crop protection, advanced seeds and traits, and digital farming tools.
What’s happening: the two organisations will work together in areas like seed improvement, plant nutrition, eco-friendly crop solutions, and digital tools that help farmers.
They will also look at how they can jointly support farmer groups and promote sustainable farming such as improving soil health, capturing carbon in farmland, and helping farmers manage their crops more efficiently.
How will the companies benefit: under the partnership, Bayer gains access to a wider rural market through DCM’s strong on-ground reach, while DCM benefits from Bayer’s global expertise and advanced agricultural technologies.
Why this matters: India’s smart agriculture market is growing at 20.5% and is projected to reach $3,837.6 million by 2033. However, the industry still faces major hurdles, including low technical awareness among farmers, which slows adoption, and the growing impact of climate change.
Partnerships like this help bridge those gaps by making advanced solutions more accessible, practical, and sustainable for farmers.
Coherent Market Insights
