One-fourth of total agrochemical products worth Rs 3,475 crore sold in India per annum are not genuine, Tata Strategic Management Group has said.
India is the fourth largest producer of crop protection chemicals globally. The domestic crop protection industry's valuation stood at USD 2.3 billion in 2014 with the sector tipped to reach USD 4.2 billion by FY2018-19, the Group said in a report.
"Proliferation of non-genuine products amounting to Rs 3,475 crore per annum, 25 per c ..