16 July, 2019

AlgaEnergy subsidiary MicroAlgae Solutions India Pvt. Ltd. Awarded Technology Leadership by Agriculture Today India

MicroAlgae Solutions India Pvt. Ltd. selected as the winner of the Technology Leadership Award by Agriculture Today India as presented by the Minister of Agriculture of India.

AlgaEnergy’s wholly owned subsidiary in India, MicroAlgae Solutions India Pvt. Ltd., (MASI) has won the prestigious Technology Leadership Award for 2019 presented by the Minister of Agriculture of India, the Honorable Shri Narendra Singh Tomar on behalf of Agriculture Today India.

This recognition of the unique natural and organic technologies created by AlgaEnergy and developed for the India market by MASI highlights the success that AlgaEnergy has had in other markets with its best-in-class crop nutrition products. AlgaEnergy has partnered with the Krishi Rasayan Group in India to create a commercialization Joint Venture, AgMA Energy, that will enable bringing to the retail channel and farmers of India the novel products that will bring increased productivity and quality of crops throughout the country.

Mr. Debabrata Sarkar, Chairman and Managing Director of MicroAlgae Solutions India Pvt. Ltd. who accepted the Award on behalf of the company, stated: “This Award is a recognition of what is possible when the creative vision for bringing new, sustainable, solutions to agricultural markets around the world is combined with local market knowledge of the products that will have a meaningful benefit to farmers in that region. On behalf the entire MASI team, AlgaEnergy, and our AgMA Energy partners from Krishi Rasayan Group, we are honored to have our technologies recognized as the leading innovative products to promote sustainable agricultural practices in India.”

Douglas Ry Wagner, President of International Agribusiness of AlgaEnergy, stated: “AlgaEnergy has strived to make the best natural products possible for enhancing agricultural productivity and crop quality as we work with a vision for harnessing the powerful qualities of microalgae for improving our lives and our planet. We are pleased that the high quality, natural plant-derived products of AlgaEnergy that already provide sustainable crop improvement in other regions of the world we are proud to be recognized as a technology leader in agriculture for India.  We will continue to strive to bring the best solutions possible to the farmers of India and the region for years to come. To put it simply, this is just the beginning of our journey of bring the most innovative technologies possible to help improve agriculture in India and around the globe.”

About Krishi Rasayan Group

Agrolife Science Corporation is a part of Krishi Rasayan (KREPL) Group.   Krishi Rasayan Group was established in the year 1966 and is now the 7th largest agrochemical company in India. The company has 8 manufacturing plants located in different parts of the country.  Krishi Rasayan Group strives continuously for the prosperity of mankind and fulfilling farmer needs.  With vast experience KREPL has products created not only for the India’s needs but also to meet the global challenges.  The motto of the group is “Rooted yet Thinking Big”.

The company is involved in Agrochemicals, Biotechnology, IT Infrastructure, Solid Waste Management, Inland Transport, Poultry Feed, Pest Control, Real Estate, R&D and Contract Research and Data Generation.  It has 22 marketing offices in the country and international offices in Hongkong, Shanghai, Bangladesh, Dubai and Australia.

The Krishi Rasayan Group has over 1,600 employees and an annual turnover in excess of INR 1750 Cr (300Mn USD).