Diversified agri firm DCM Shriram Ltd on Wednesday (December 10) said it has signed a memorandum of understanding (MoU) with agrochemicals major Bayer CropScience Ltd to jointly explore opportunities aimed
at strengthening India’s agriculture ecosystem through innovation, sustainability, and farmer-centric solutions.
The MoU establishes a strategic framework for collaboration across areas such as agri inputs, digital advisory, sustainable farming practices, and value chain strengthening.
Under this collaboration, both organisations will explore synergies in crop solutions, seeds, specialty plant nutrition, biologicals, digital tools and advisory platforms. The two companies will also assess opportunities to jointly support farmer organisations and strengthen sustainable agriculture initiatives, including pilots in soil health, carbon sequestration, and integrated crop management.
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Additionally, both companies will evaluate possibilities for partnership across select areas of the chemicals business.
Ajay S Shriram, Chairman & Senior Managing Director, and Vikram S Shriram, Vice Chairman & Managing Director, DCM Shriram Ltd, said, "We are delighted to partner with Bayer to explore new avenues that can benefit India’s farming communities. By bringing together complementary strengths, we aim to support sustainable and productive agriculture while creating long-term value for farmers and the wider ecosystem."
By combining Bayer’s global expertise in advanced agricultural solutions with DCM Shriram's deep rural footprint and integrated agri business capabilities, the partnership aims to enhance farmer livelihoods, improve productivity, and promote climate-resilient farming practices.
Also Read: DCM Shriram explores demerger of consumer-facing units to unlock value
Simon Wiebusch, Chief Executive Officer, Bayer CropScience Ltd, said, "Indian agriculture is entering a phase where resilience and value chain integration will define long-term success. With this partnership, Bayer and DCM Shriram can enhance market access, strengthen value chain connections, and help farmers tap into emerging opportunities. Our combined and complementary expertise enables us to scale solutions quickly and create lasting positive change."
Shares of DCM Shriram Ltd ended at ₹1,209.80, down by ₹14.90, or 1.22%, on the BSE today, December 10.
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