Page 31 - Tata Chemical Annual Report_2022-2023
P. 31

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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