India has always been a country dependent on agriculture, employing the majority of its population and contributing 17% to the country’s GDP. Investing in the agricultural sector of India promises a good rate of return and revenue.
In this article, we will discuss the top 10 agriculture business companies in India. These companies ensure that people have enough to feed themselves. We will analyze which agriculture company is the best to invest in and what returns investors can expect.
Some renowned agriculture business companies in India
United Phosphorus Limited (UPL)
UPL is the leading agriculture-based Indian company that manufactures crop protection products and other specialty and industrial chemicals, including intermediates. The company offers both agriculture and non-agriculture products. Their revenue comes mainly from Europe and the US, but their products are sold in more than 150 countries worldwide.
| Agriculture products | Non-agriculture products |
| Agrochemical products, seeds | Industrial chemicals, Nutri feeds, Fungicides, herbicides, insecticides, regulators, rodenticides |
PI Industries
PI Industries Limited is an agri-sciences company that manufactures agricultural and fine chemicals, including polymers. The company is highly involved in producing crop protection, plant nutrients, fine chemicals, and seeds. PI Industries also produces engineering plastics, automobiles, electrical, and home appliances. The company has 8 multipurpose plants in Gujarat.
Bombay Burmah Trading Corporation
Bombay Burmah is a 150-year-old company of the reputed Indian conglomerate, the Wadia group. It is one of the oldest and largest tea plantation companies in the Annamalai District of South India. The company is highly involved in tea plantations, rubber & pepper plantation, coffee plantation, industrial laminates, decoratives, etc. During the last financial year (2021-22), the group captured a turnover of INR 14,544 crore per annum with a net profit of INR 1,474 crore.
Goodrickie Group Ltd
Goodrickie is an India-based tea-producing company, part of Camellia PLC UK – the world’s largest producer of Tea in the private sector. The group owns 30 gardens and 27 tea factories in Darjeeling, Dooars, Assam, and Cachar. In the year 2021-22, the company had a revenue of INR 823 crore and a net profit of INR 5 crore.
If you like the article so far, we recommend you to read about Cold Storage Business Plan.
Kaveri Seeds Company Ltd
Kaveri Seeds Company Ltd is a biotechnological company and a key stakeholder in boosting the green revolution that begins with seeds. The leading company specializes in hybrid seeds of various Indian crops such as rice, cotton, mustard, wheat, and other vegetable crops. The company operates on 65,000 acres of land across various locations in India. In the financial year 2021-22, they generated a revenue of INR 969 crores along with a net profit of INR 212 crores.
JK Agri Genetics Ltd
JK Agri Genetics is a distinguished agriculture company that researches, develops, produces, and processes hybrid seeds with high-yield protection. They have top 10 seed crops, cotton, field crops, innovative plant nutrient products, and a wide array of vegetables. In the financial year 2021-22, the company made a revenue of INR 245 crore and a net profit of INR 7 crore.
Mangalam Seeds Ltd
Mangalam Seeds are engaged in the manufacturing and trading of seeds using agricultural genetic techniques, a public limited company. They offer products like grain seeds, spicy seeds, oil seeds, pulse seeds, fiber seeds, fodder seeds, Hybrid vegetables, and kitchen garden vegetables. Mangalam seeds generated a revenue of INR 40 crore in 2021-22 with a net profit of INR 5 crore.
Rallis India Ltd – A TATA Enterprise
Rallis India is a subsidiary of TATA Chemicals and is one of the oldest companies in India. They provide various agricultural products like seeds, seed chemicals, fertilizers, and pesticides. The company has a customer base of over 5 million farmers and a dominant R&D infrastructure located in Bangalore.
Nath Bio Genes India Ltd
Nath Bio Genes have been a dominant player in the seed business for the last 30 years. They are interested in seeds, biotechnologies, pharmaceuticals, paper, agro-research plantations, and other chemicals. Nath Bio Genes is focused on growth and innovation while also prioritizing the welfare of farmers.
Dhunseri Tea & Industries Ltd
Dhunseri Tea & Industries is highly engaged in the manufacturing and sale of tea. They have been expanding their business operations and currently own 8 tea estates and 10 tea factories in Assam. They have a total production capacity of 210 lakh kg of tea and 4.10 kg of Macadamia.
Which company is the best to invest in?
The above-discussed companies are among the top 10 agriculture-based companies in India. All of these companies have generated remarkable revenue in the last few financial years. If you are willing to invest in agriculture-based companies, kindly do your necessary research and analysis before doing so. It will be better if you seek advice from professionals. On the other hand, if you are willing to start your own agriculture-based company, read about the best agriculture-based business ideas.
In case you are looking for debt funds and government subsidies to start your venture, qualified finance professionals at OneNDF can take care of you.
FAQs
Which is the number one agriculture company in India?
UPL Ltd is the top and largest agriculture-based company in India, established in the year 1969.
Which agriculture gives the highest profit in India?
Rice production is the most profitable, as India is the largest producer of this food crop and the second-largest producer of sugarcane.
How many agriculture companies are there in India?
There are nearly 959 active agriculture-based companies in India.
What are the top agriculture-technology-based startups in India?
Apna Godaam, Aarav Unmanned Systems, Agricx Lab, AgroWave, Bijak, Bharat Agri, and Cropin, are among the top agriculture-technology-based startups in India.
