On the issue of Indian Agriculture & Globalisation IFFCO Managing Director Dr US Awasthi was asked to give his opinion by the leading financial daily “The Economic Times” of Times of India group. The contributors were crème de la cream of corporate sector.
The MD said that “IFFCO is the first in the Indian fertilizer industry to invest in Africa. In terms of doing business India and Africa are very similar; what we need in India, we also need in Africa… we need to create skills, to enable people to work in high technology areas. We have to always create human resource along with capital resource.”
The theme of the Summit was in a world rushing towards globalisation it is important to have counter narratives because they can help us preserve what may be irretrievably lost Globalisation and an ever increasing population pose unique challenges to the Indian food and agriculture sector. On the one hand India produces a startling quantity of food and trades in substantial quantities of it. On the other hand, India still lags behind in terms of food processing.
This is a conversation that is taking place against the backdrop of globalisation; how can India find its agricultural niche on the world agricultural table? Common wisdom would suggest the route being taken by companies such as United Phosphorous Ltd., IFFCO, Adani Wilmar Ltd. These companies are now becoming multi-national players with a global presence.
And they advocate the judicious mixture of science and technology with the local customs and traditions to meet not only the increasing demand via increased yields, better logistics and enhanced productivity but also to open new frontiers on the bioagricultural horizons.
