Syngenta sets up its first world-class R&D facility in AP
Hyderabad: One of the world's largest seeds business company engaged in agriculture sector, Syngenta on Tuesday inaugurated a world-class Innovation & Learning Centre at Bhimadole in Eluru.
The $100 million multi-purpose and integrated state-of-art facility shall act as the centre for excellence for new products testing, products profiling and new products development.
Besides an R&D centre, it houses a Syngenta Training Academy, seed care institute, and Syngenta Foundation India centres.
Erick Fyrwald, CEO of Syngenta, said: "With $13.5 billion in sales in 2018, Syngenta is world's number one in crop protection products, and third largest seeds business company.
We are a business that helps humanity face its toughest challenge - how to feed a rising population, sustainably. Our world class science and innovative crop solutions transform how crops are grown to enable millions of growers to make better use of available resources," said Fyrwald, while highlighting Syngenta's glorious contributions in helping to reduce amount of pesticides used per unit of food by more than 90 per cent.
"Research and Development (R&D) is the innovation engine of Syngenta and is crucial to driving growth. In India we aim to transfer new innovations in the hands of growers to enhance their productivity in key crops like rice, vegetables, corn, wheat and cotton.
Syngenta has established a large network of crop protection and seeds field research stations, sophisticated R&D facilities and laboratories and seeds production sites across India. We're happy to have one in Andhra Pradesh also now," said Fyrwald.
Syngenta remains committed to focusing its innovation on helping growers deal with the impacts of climate change, including changing weather patterns and increasing pest pressure.