Agrochemical business Cropnosis has received a Rs 375 crore investment from Kotak's arm
on the agrochemical industry, Cropnosis specializes on high-value niche technologies and maintains long-term partnerships with global agricultural formulators. The statement also said that Cropnosis has carved out a niche for itself due to its cost-effectiveness and superior quality.
According to KSSF partner Rahul Shah, the collaboration will support Cropnosis as it enters its next stage of expansion.
On Thursday, a Kotak Mahindra Bank branch said that it will invest Rs 375 crore in Cropnosis to support the growth of the agrochem firm.
According to a statement, the firm plans to develop its product line and increase its production capabilities by using the Kotak Strategic Situation Fund. on the agrochemical industry, Cropnosis specializes on high-value niche technologies and maintains long-term partnerships with global agricultural formulators. The statement also said that Cropnosis has carved out a niche for itself due to its cost-effectiveness and superior quality.
According to KSSF partner Rahul Shah, the collaboration will support Cropnosis as it enters its next stage of expansion. "India has emerged as a leading exporter of agricultural chemical products globally on the back of its excellent manufacturing ecosystem, proven track record and expense competitiveness," he said.
No comments:
Post a Comment