Mr.Gajendra Singh

CEO

Lucrose Pharma on Monday announced its foray into the agri-tech segment. The company has set up a new arm Lucrose Agro Pvt Ltd, which will offer a variety of crop care solutions to Indian farmers, including weedicides, insecticides, fungicides, plant growth regulators and biologicals, Lucrose Pharma said in a statement.

"We are happy to announce our launch in the agro domain with long-term investment plans, capex infusion in the first two to three years," Lucrose Pharma Managing Director Gajendra Singh (Raju) said.

Asserting that technology is playing a crucial role in ensuring the growth of the agriculture sector in India, he said, "Agro has the potential to scale up the agricultural industry through technological intervention. If the farmers get the right products and tools they would be in a position to make an informed decision of using input and right technology".