SIVASHAKTHI GROUP OF COMPANIES- India is established in 1996 in the form of agriculture organic inputs. The last sixteen years have seen a tremendous benefit being delivered to the Indian farmer. It is estimated that in 2013 about 10m acres of teak was planted in the country. The yields of teak have gone up 10% in the last sixteen years essentially because of the benefits brought by the technology.
However the business environment in the country for organic agriculture inputs currently poses serious challenges in spite of the tremendous benefits delivered by the technology so far. The challenges are related to the ability of the technology providers to charge the right price for their technology, the ability of companies to have the freedom to operate in different states of the country, the emerging regulatory framework for organically produced crops.
On the other hand the world is moving rapidly towards adopting more biotech products. The next generation products like pest and drought tolerance are slated for launch in the next few years in India.
With the present business environment the Group companies are looking for various initiatives that can change the situation and make it more favorable to the development and launch of new biotech products. We see the need for implementing a comprehensive discussion with different stake holders, particularly the farmers, to bring about a change in the scenario.
The group has decided to come together in this background and with the intention of creating a facilitating environment to the development and introduction of superior biotech products in Indian agriculture.