"Collaboration among government agencies, research institutions and private sector companies will accelerate growth of biologicals"

IPL Biologicals Limited (formerly known as International Panaacea Limited), specialises in biological solutions for agricultural applications The company's research-based innovations have been focused on inventing indigenous microbial-based solutions since 1994, to cater to the needs of the farmer's fraternity and address the global challenges by improving soil health, yield, and quality of crops while managing pest resistance, and pesticide residue. Recently, IPL Biologicals signed a joint venture agreement with Uzkimyosanoat (UKS), a department of the Government of Uzbekistan for the promotion of investment and development of fertilisers and pesticides and to sell bio-fertilisers in Uzbekistan. Harshvardhan Bhagchandka, President of IPL Biologicals Ltd. shared his views with AgroSpectrum on growing the biologicals market in India and the way forward. 

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How is IPL Biologicals disrupting the agriculture industry? 

We are making waves in the agriculture industry through several disruptive strategies and initiatives.IPL Biologicals leverages extensive research and development efforts to introduce cutting-edge microbial products. These innovations enhance soil fertility, increase crop yields, and reduce the environmental footprint of farming. By staying ahead in technological advancements, the company sets new standards for sustainable agriculture. We actively promote the concept of carbon credits in agriculture. By helping farmers adopt sustainable practices, reduce greenhouse gas emissions, and sequester carbon in their soils, the company not only enhances farm productivity but also opens up new revenue streams for farmers through carbon credit monetisation. We collaborate with agricultural research institutions, government agencies, and international organisations to drive research and development initiatives. These partnerships help leverage expertise, share knowledge, and bring about innovative solutions to address agricultural challenges.

The company tailors its microbial products to suit specific regional and crop requirements. This customisation ensures that farmers receive solutions optimised for their unique conditions. Our expansion into new markets and regions ensures that more farmers can benefit from microbial solutions. This market diversification broadens the reach and impact of IPL Biologicals.