February 22, 2025 – PI Industries Limited (NSE: PIIND, BSE: 523642) has announced a strategic partnership with the Centre for Cellular and Molecular Platforms (C-CAMP) to drive innovation in biocontrol technologies. This partnership marks a significant milestone in sustainable agriculture.
Key Highlights of the Partnership:
- Technology Transfer: C-CAMP has transferred two breakthrough biocontrol technologies to PI Industries on an exclusive basis:
- AphidControl: A botanical insecticide targeting aphids, which cause up to 60% crop yield losses. This innovation can benefit over 25 million farmers.
- XanthoControl: A biocontrol agent combating Xanthomonas species, a bacterial pathogen responsible for up to 80% crop yield losses, potentially aiding over 45 million farmers.
- Sustainable Agriculture Focus:
- Offers environmentally friendly alternatives to traditional chemical pesticides.
- Aligns with climate resilience and food security objectives.
Strategic Growth & Global Expansion:
- PI Industries’ Biological Portfolio Growth: The company has achieved 45% revenue growth in biological products over the past two years.
- Commercialization Plans:
- PI will leverage its R&D expertise and global distribution network to commercialize these bio-solutions in key international markets.
- Strengthens PI’s integrated approach to sustainable agriculture.
Leadership Commentary:
Mayank Singhal, Vice Chairman & Managing Director PI Industries, stated:“As the world grapples with climate change and food security challenges, biological solutions are now a necessity. Our collaboration with C-CAMP allows us to harness cutting-edge science to develop sustainable, nature-driven agricultural solutions. This partnership strengthens India’s leadership in agri-tech innovation.”
About PI Industries:
- A leading Agri Sciences company transitioning into a Life Sciences powerhouse.
- Focuses on innovation, sustainability, and global partnerships.
About C-CAMP:
- India’s premier biosciences incubator, fostering over 60 high-impact innovations.
- Plays a key role in biotech commercialization for agriculture and industrial biotechnology.