Managing Director: M G Shembekar
Total Revenue: Rs 250 crore
Ankur Seeds was established in 1976 as a seed company with cotton as its primary seed portfolio. Over a period it steadily established itself as a business catering to major cereal and vegetable crops and today Ankur Seeds has one of the largest portfolios among Indian seed industry encompassing 16 different vegetable and cereal crops.
Ankur Seeds R&D division comprises 300 acres of research farms and multi location centers and a state-of-the-art breeding support facility.
Nagpur-based Ankur Seeds total revenue for the FY 15-16 was Rs 250 crore a significant decrease from Rs 350 crore in FY 14-15. The reason for this stunted growth, as per the firm, is the onslaught of whiteflies and the accompanying cotton leaf curl virus damage left the Indian cotton seed industry stunned in the last year. Another major factor causing a hindrance to the Bt cotton business is the slow regulatory approvals for new hybrids which delays the process of new hybrids and traits coming up in the market.
In this fiscal, however, it is targeting a 25 percent growth.