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, 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 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 74% Dealers Sea and its strong quality ethos. As the on investment in research activities and the most of the opportunity matrix by
26% Retailers Rail eco-system emerged successfully from manufacturing infrastructure to further leveraging its long and trusted association
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
Deep understanding and long Wide range of safe and sustainable 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 Extensive dealer and retail reach
pipeline
Closely connected with millions Global leadership in most of the
of farmers Diversified crop portfolio in seeds, active ingredients it manufactures
covering both field crops and
Extensive dealer network covering
80% of India’s districts vegetables
In-house R&D to leverage and
enhance multiple partnerships in
Indian and global markets
28 29