Nov. 26, 2024
Best Agrolife Ltd. has announced the grant of a patent for its advanced insecticide formulation, ″Bestman.″ This product, a combination of Fipronil, Abamectin, and Tolfenpyrad in Suspension Concentrate (SC), is designed to offer effective pest management for crops such as chilli, cotton, and vegetables. Scheduled for introduction in early 2025, the product is aligned with the company’s strategy to deliver patented solutions that address specific crop challenges in both the Rabi and Kharif seasons.
This is the sixth patent Best Agrolife secured in 2024. It is an outcome of its focus on developing novel synergistic combinations and product development. The company is committed to delivering new products for the farmers through R&D as per plan. The upcoming launch of "Bestman" during the Rabi season aligns with the company’s strategic focus on crops like chilli, extensively cultivated in southern states such as Andhra Pradesh, Telangana, and Karnataka. With its well-established distribution network in these regions, Best Agrolife aims to drive significant sales growth in Q4 of the financial year—a period traditionally considered lean for the agrochemical industry.
The product addresses key pest challenges for chilli farmers, including aphids, thrips, mites, and fruit borers. Its formulation is tailored to reduce the required applications, offering a focused pest management solution that can help improve crop quality and yields. This approach is part of the company’s broader vision to advance agriculture in the coming years through sustainability and innovation.
The pest management market for chilli, cotton, and vegetables is estimated at ₹3,000 crores. Best Agrolife projects an initial revenue of ₹70 crores in the first year of ″Bestman’s″ launch, with incremental growth of ₹250 crores anticipated in subsequent years.
By leveraging its established distribution network and presence in major cotton-producing states, the company is well-positioned to maximize Bestman's potential. This addition to the portfolio aligns with the company’s long-term growth strategy of introducing patented products that address seasonal requirements and specific crop needs.
Best Agrolife’s recent portfolio additions, including the patented herbicide ″Shot Down,″ this approach is part of the company’s broader vision to advance agriculture in the coming years through sustanability and innovation. reflect its commitment to providing solutions that cater to farmers' evolving demands. These innovations not only address immediate agricultural challenges but also contribute to a more sustainable ecosystem for stakeholders.
About Best Agrolife Ltd.
Best Agrolife Ltd. is a prominent player in the agrochemical industry, offering a wide range of crop protection products tailored to meet the needs of farmers. The company is focused on expanding its portfolio of patented products, strengthening its market presence, and driving sustainable agriculture. Presently, BAL boasts manufacturing capacities of 7,000 MTPA for technicals and 35,500 MTPA for formulations across three manufacturing plants situated in Gajraula, Greater Noida, and Jammu & Kashmir. With a network of over 10,000 distributors across India, BAL maintains an impressive portfolio of 494+ formulations and holds over 123 technical manufacturing licenses domestically in India. With a focus on quality, integrity, and customer satisfaction, BAL continues to set new benchmarks in the agrochemical industry.
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