Deepak Fertiliser and Petrochemicals Corp. Ltd.’s subsidiary, Mahadhan Agritech Ltd. (MAL), formerly known as Smartchem Technologies Ltd., and Israel-based Haifa Group, a major supplier of specialty plant nutrients, have entered into an understanding to promote specialty fertilizers in India and other countries.
“This partnership with Haifa Group is yet another milestone in MAL’s journey towards transforming agriculture in India with customized crop nutrient solutions that deliver balanced and precise crop nutrition,” said Deepak Chairman and Managing Director Sailesh C. Mehta.
Mehta said more than six million hectares of agricultural land are already supported by drip irrigation systems spread over most states in India, encompassing a wide range of crops including fruits, vegetables, sugarcane, and many other field crops, giving a ready platform to deploy the specialty water soluble fertilizers.
“The MAL-Haifa offerings will support agricultural practices that counter the vicious trend of water scarcity and also hugely enhance nutrient uptake and use efficiency in the plants,” he said. “This will directly help achieve our prime minister’s dream of doubling the farm incomes. In addition, these initiatives will also help reduce groundwater and air pollution. We believe this collaboration will bring positive change in the agricultural sector, thereby empowering farmers.”
“I am pleased that we have entered into an agreement with Mahadhan Agritech to support Indian farmers by synergizing our global expertise and resources with MAL’s on-ground expertise,” said Haifa CEO Motti Levin. “Through this collaboration, we will also take special practices and innovations of Mahadhan Agritech to other geographies in the developing world to improve yields and agri produce and quality.”