18 May 2018,
We at Nath Bio-Genes (India) Limited are happy to announce the creation of a New Vertical subdivision, within the Company to focus on the vegetable seeds business. We have built a dedicated team of around 30 personnel for the Sales and marketing of vegetable seeds. The aim is to penetrate and expand the fast-growing hybrid vegetable seeds.
It is a very significant move, as it puts emphasis on highly profitable vegetable seed business:
Reduces seasonality on our sales: Vegetable seeds sell through the year, hence it would reduce imbalances in our sales pattern, which was highly tilted towards Kharif crops.
Better margin product: Vegetable seeds are better margin products, compared to field crops. The increasing contribution of vegetable seeds will improve the overall profitability of the company.
We are pursuing a goal of increasing vegetable seeds contribution to around 25% of overall revenues over the next 3 years.
“Nath Bio-Genes has been actively pursuing research in vegetables. It is a very proud moment for our scientist team that they have delivered products that are better than the products of some of the leading Multinational Companies, who enjoy a dominant position in vegetable seeds. Nath Bio-Genes (India) Limited is focusing on Okra, Tomato, Chilli, and Gourds, where we are confident of our product strength. We want the farmers to get the fruits of our painstakingly long research and want to reach out to every possible vegetable farmer.”
Mr. Satish Kagliwal,
Managing Director, Nath Bio-Genes (India) Limited.