Indian Agri cos record biggest profit gains in first half
The Agriculture sector is one of the recession-proof sectors in the next decade. With India adding 15 million people every year, the world’s population increasing by 70 to 90 million every year and millions in the middle class eating more and higher quality food nice profits will be assured for a long time. Some of these companies are perfectly positioned to make acquisitions in Argentina and Brazil.
The Economic Times
In the farm inputs and machinery sector, Coromandel Fertiliser, RCF, Excel Industries, Punjab Tractors, Excel Crop Care, Liberty Phosphate, Swaraj Engines, Nagarjuna Agrichem and VST Tillers Tractors reported higher profit growth in the first half of the fiscal year.
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