Page 30 - Tata Chemical Annual Report_2022-2023
P. 30

Integrated Annual Report 2022-23                01-83                   84-192                  193-365
                                                                                                                                     Integrated Report       Statutory Reports       Financial Statements
                                                                                                                                     Specialty Products Business


           Value Chain                                                                                                             Operational and strategic developments


                                                                                                                                   Staying resilient amid            Rallis went on to further nurture its   harnessing the future prospects. At the
                                                                                                                                   challenges                        relationships with its customers and   core of this transformation strategy are
                                                                                                                                                                     value chain partners, with the aim of   the company’s People, Sustainability,
                                                                                                                                   The challenging market environment
           Raw materials             Processing               Products                 Packaging                                                                     propelling their sustainable growth in   Safety and Digitalisation.
                                                                                                                                   notwithstanding, Rallis continued to   the future too.
           Organic and inorganic chemicals,   Formulation and process   Insecticides, Fungicides,     Ÿ 10 gms to 625 kgs          stay resilient in terms of its performance.                         Rallis believes that Indian Agriculture,
           including derivatives of   chemistry and others    Herbicides, Plant Growth     Ÿ 50 ml to 200 ltrs                     The subsidiary posted revenue growth,   Way Forward                 as a sector, is at the cusp of far-reaching
           petrochemicals, seeds, organic                     Nutrients, Seeds, Soil                                               though profitability was impacted by                                transformation in response to the new
           compost                                            Conditioners                                                                                           Transforming to tap opportunities in
                                                                                                                                   the prevailing input cost inflation.                                opportunities and the threats emanating
                                                                                                                                                                     Agri Value Chain
                                                                                                                                                                                                       from sustainability, climate change,
                                                                                                                                   Rallis also remained firmly on track with   Energised by the emerging opportunities   digitalisation, greening food chain etc.
                                                                                                                                   its expansion plans and introduced new   in the Indian market, and enthused by   This provides Rallis opportunities to
                                                                                                                                   products across its business segments   India Plus strategy adopted by global   further strengthen its presence in its
                                                                                                                                   to widen its portfolio. The appreciation   agro chemical peers, Rallis has embarked   existing business, while giving it scope
                                     End use                  Distribution             Logistics                                   received by the customers for these   on a journey of transformation. The   for widening its presence in the whole
                                                                                                                                   products validates Rallis' core strengths   journey is marked by enhanced focus   agri value chain. Rallis aims to making
                                     Farm/Agri solutions         Ÿ 74% Dealers            Ÿ Sea                                    and its strong quality ethos. As the   on investment in research activities and   the most of the opportunity matrix by
                                                                 Ÿ 26% Retailers          Ÿ Rail                                   eco-system emerged successfully from   manufacturing infrastructure to further   leveraging its long and trusted association
                                                                                          Ÿ Road                                   the pandemic-catalysed challenges,   strengthen the product portfolio for   with the Indian farming community.




           Competitive Advantage





           Well-entrenched position          Innovative and sustainable        Operational
           in domestic market                solutions portfolio               excellence
             Ÿ Deep understanding and long     Ÿ Wide range of safe and sustainable     Ÿ Manufacturing capacity to serve
             association with the Indian       products in the relevant agri input   Indian and global market
             farming community                 value chain, supported by strong     Ÿ Extensive dealer and retail reach
                                               pipeline
             Ÿ Closely connected with millions                                    Ÿ Global leadership in most of the
             of farmers                        Ÿ Diversified crop portfolio in seeds,   active ingredients it manufactures
                                               covering both field crops and
             Ÿ Extensive dealer network covering
             80% of India’s districts          vegetables
                                               Ÿ In-house R&D to leverage and
                                               enhance multiple partnerships in
                                               Indian and global markets
















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