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The Economic Times
The Economic Times
Business

Industry body ACFI seeks Rs 5,000-7,500 cr scheme to cut reliance on China for crop protection inputs

New Delhi: The government should consider a support programme of Rs 5,000-7,000 crore to ensure the country's self-reliance in agrochemical technicals and intermediates and offset China's cost advantage, the industry body Agro Chem Federation of India (ACFI) said in a report on Sunday.

The report, prepared with consultancy KPMG, proposed a seven-to-eight-year programme, including two to three years for plant commissioning, followed by sustained production support.

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