Coromandel International Limited, a leading provider of agri-solutions in India, has partnered with Mahindra & Mahindra’s Farm Equipment Sector (FES) business, Krish-e, to expand its drone spraying services. The collaboration aims to reach more farmers across India, offering advanced services through the Gromor Drive platform.
Currently operational in 7 key states—Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Maharashtra, Madhya Pradesh, and Uttar Pradesh—Gromor Drive is supported by RPTO-trained pilots. Coromandel’s drones are backed by its subsidiary, Dhaksha Unmanned Systems, which ensures a reliable supply of drones, pilot training, and continuous service support. This integration gives Coromandel a strong competitive edge in the emerging drone market.
Mr Hemant Sikka, President of Farm Equipment Sector, Mahindra & Mahindra Ltd., expressed strong enthusiasm and optimism about this new venture and the integration of modern technology in farming, saying, “With Krish-e’s well-established presence across the country and Coromandel’s experienced Gromor Drive fleet, we are pleased to take the benefits of drones to many more Indian farmers. A significant step towards enhancing productivity and lowering a farmer’s exposure to powerful chemicals, drone technology can enable selective spraying of fertiliser and chemicals on crops while also ensuring improved yield. ”
The partnership also makes drone spraying services more accessible through the ‘Krish-e Kheti Ke Liye App.’ This app and other farm solutions offered by Mahindra’s FES aim to sustainably boost farmers’ income and improve the agricultural value chain.
Coromandel International is one of India’s leading agri-solutions providers, specialising in fertilisers, crop protection, bio-products, and speciality nutrients. It is the second-largest manufacturer of phosphatic fertilisers in India.
As of 1:14 PM on December 17, 2024, Coromandel International share price is at ₹1,810.20, showing a decline of 0.50% (−₹9.05). The stock opened at ₹1,825.00, reached a high of ₹1,855.00, and a low of ₹1,786.50.
Mahindra Group, founded in 1945, is a global leader in farm equipment, utility vehicles, and more. It operates in over 100 countries and focuses on improving rural prosperity and urban living through sustainable initiatives.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Dec 17, 2024, 1:18 PM IST
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