CIC AgriBusinesses, a private sector fertilizer company, has taken several key initiatives in line with government organic fertilizer policy to develop and expand its organic fertilizer production and partner with reputable companies around the world. whole before the next Maha season.
The company recently acquired a start-up, Bio Technologies Ltd (BTL) specializing in the manufacture of value-added organic fertilizers.
Bio Technologies has manufactured a specialty granulated organic fertilizer under the brand name Bio Carbon which has several distinct advantages over conventional compost. This compacted product is easy to handle and capable of delivering higher nutrient content with relatively less volume.
The product has a long stay in the soil compared to conventional compost. Bio Carbon is now gaining popularity among farmers and CIC Agri Business plans to increase its current production capacity to over 1,000 tonnes per month over the next year.
Supporting the government’s new policy initiative to promote the use of organic fertilizers in the country, CIC has taken steps to develop a range of other new value-added organic products. Some of these new products are currently being tested at research stations on the company’s farms and will soon be commercialized. CIC Agribusinesses recently signed a memorandum of understanding with Sri Biotech, a subsidiary of Hatton Plantations, to produce and distribute two biofertilizers for the tea and vegetable sectors. These new products will be added to the company’s current portfolio of organic products and will soon be introduced to the market. Negotiations are also continuing with Green farm Bio and Green Vision-India to begin efficacy trials of several bio-pesticides under the supervision of the Registrar of Pesticides before introducing them to the market. A significant shortage of nitrogen, which is the main plant nutrient used in agriculture, is expected during the next Maha season due to the government’s policy decision to ban the use of urea. As a remedy, the government issued a notice in the Official Gazette allowing the import of organically extracted nitrogenous fertilizers. CIC has already negotiated with two companies producing organic fertilizers in Italy and Belgium to explore the possibility of importing some specialized organic fertilizers providing nitrogen for the paddy. and the tea sectors.
As soon as the government develops import protocols, the company will bring in samples for field testing of some of these new products. CIC has also distributed a value-added organic soil conditioner “Saru” to vegetable growers nationwide over the years. Currently, most of the organic fertilizers sold by CIC are produced on the company’s own farms while a small amount is purchased from farmers under a buy-back agreement. Initiatives have already been taken to improve Saru’s internal production and also to expand subcontractor purchasing.