India’s Top 10 Agriculture Companies in 2023
Agriculture, which is an important part of the Indian economy, is extremely important. Agriculture and allied businesses contributed 20.2 percent of the country’s Gross Value Added in FY 2020-21, according to the Ministry of Agricultural and Farmers Welfare.
The Indian agriculture sector is expected to be worth US$24 billion by 2025, according to the media. Investing in this field appears to be a good idea.
Agriculture is one of India’s most important sectors. It employs the vast majority of Indians and generates over 17 percent of the country’s GDP.
Following are the top 10 best agriculture companies of India in 2023:
1.Godrej Agrovet Limited
Godrej Agrovet Limited was established in 1990 as a subsidiary of the well-known Godrej Corporation. The top ten list includes a company that manufactures agricultural products and is one of the largest in the country. It also has a palm oil plantation and sells animal feed and poultry products. Concerns about quality are crucial in the company’s development of green products.
2. Bombay Burmah Trading Corporation Ltd
The Bombay Burmah Trading Corporation, Limited (BBTCL) has been in business for 150 years. Since becoming a public firm in 1863, it has made its fortune on teak. The Wadia Group, a multibillion-dollar multinational, owns the company.
It is the second-oldest publicly traded corporation in terms of years on the market. It is the most profitable corporation in India’s agriculture sector. The company’s stock is listed on the Indian stock exchange.
3. National Agro-Industry
The company was founded in 1970 in Ludhiana, Punjab. The primary purpose of the organisation is to give the best equipment to its customers. Because of improved farming practises, crop production time and energy have been reduced. To make the task of agriculture easier, the National Agro-industry employs sophisticated agricultural methods.
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4. Kaveri Seed Company Ltd
With over 15,000 distributors and dealers across India, Kaveri is one of the fastest-growing seed companies in the country. Kaveri has 883 employees and sells a variety of hybrid seeds.
Management’s investment in innovation and renewed focus on R&D positions the company to achieve greater heights in fulfilling its brand promises. In India, the company is a well-known seed manufacturer at the top of its game. Kaveri’s drought and disease resistant/high producing hybrid/varietal portfolio is one of the country’s largest.
5. Dhunseri Tea & Industries Ltd
From 2008 to 2009, Dhunseri Tea & Industries Ltd. (DTIL) was mainly focused on tea production, but has since expanded into other industries. The Dhunseri Group has been associated with tea for over 50 years and is one of its oldest companies.
Since 2003-04, DTIL has expanded its reach in Assam from eight to ten estates. As a result, the company is now one of India’s top ten tea producers. Dhunseri Tea Estate (Assam) and Jaipur are the company’s tea packaging and blending facilities (Rajasthan). It is a stock exchange-listed Indian agriculture enterprise.
6. JK Agri Genetics Ltd
JK Agri Genetics Ltd. (JKAL) is a well-known seed company based in Hyderabad, Andhra Pradesh, India. It was founded in 1989. JKAL is a pioneer in India’s seed market, dedicated to assisting farmers, and one of the country’s top 10 agricultural companies.
Cotton, wheat, maize, corn, pearl millet, sorghum, sunflower, castor, mustard, Sorghum Sudan grass, tomatoes, oil plants, okra, and chilies are just a few of the items it creates, produces, processes, and markets. It is a well-known seed firm in India and is ranked among the world’s best seed companies.
7. Raghuvansh Agrofarms Ltd
Agricultural operations have been the Company’s primary activity since its foundation in 1995. In addition to organic fruits and vegetables, the company grows organic vegetables, organic grains, and organic cereals. Agricultural produce is grown, processed, and distributed through the company’s integrated operation.
In addition to those industries, the corporation produces, sells, and manufactures organic manure and dairy products.
8. Goodricke Group Ltd
Goodricke Group Limited is a tea grower and manufacturer. In Bengal and Assam, the company owns and operates 18 tea estates. Both domestically and internationally, tea is sold in bulk.
In its facilities in Dooars, West Bengal, the company produces Packet Tea for a number of domestic brands as well as Instant Tea.
The Bombay Stock Exchange is where the company is listed (BSE).
9. HPC Biosciences Ltd
Several aspects distinguish the corporation from other agricultural enterprises, making it a market leader in the row crop and broadacre industries. To establish a perfect balance between manufacturing processes and material utilisation. HPC Biosciences Ltd. has a staff of highly motivated employees that invest 80% of their time to travelling around Northern India and contacting people who are interested in their products as part of our dedication to customer satisfaction.
10. Nath Bio-Genes (India) Ltd
The Nath Group is a diverse organisation with interests in seeds, paper, agro-research plantations, medicines, biotechnologies, chemical, and other businesses. The Nath Bio-Genes Company in India is a seed technology pioneer.
It is one of India’s top seed companies, having been in the seed business for nearly as long as the industry.
These are the top 10 agriculture related companies currently in India. Do comment and let us know your take on this.