Suraj

Vigour Seeds Private Limited (VSPL)  incorporated on 21st June 2007. VSPL’s Corporate Identification Number (CIN) is U01112GJ2007PTC051157. It is involved in Production, Processing  and Marketing of seeds .

Vigour Seeds Private Limited is a leading Seeds company engaged in producing and marketing high yielding improved seeds of hybrids and varieties of field and vegetable crops. Company has multitude of activities which includes hybrid seed development , genetic enhancement research, seed production , processing & packaging, marketing & sales and consumer services.   

 

There is great potential for biotechnology as tool in crop improvement. Despite the risk in such upstream research Suraj Cropsciences is contemplating to involve more in this work to facilitate the rapid exploitation of new techniques and attaining targeted improvement in crop plants for achieving advances in sustainable yield increases demanded in the face of expanding world population and shrinking land resources

  • Seed is most crucial Agri Input and determines the performance of other input. It has emerged as most important tool to increase the famer’s income due to its multi facet linkage .
  • The global seed market size is estimated to be valued at USD 55.4 billion in 2022 and is projected to reach USD 86 billion by 2025, recording a CAGR of 7.6%.
  • In terms of value top global five countries are US (28.1%), China (21.2%), France (8.4%), Brazil (6.2%) and India (4.7%).
  • SAARC Region & Africa are the two major robust seed market.
  • Seed is the most critical component of Agri Input Industry.
  • Size of Indian seeds Industry is Rs.35000 Crore
  • Indian Seeds industry is ranked 5th in the world and contributes 4.7 % of global seeds industry.
  • As per IMARC report it grew by 17 % (CAGR) for the period 2009-22 and expected to grow from 4.7 billion USD to 12.00 Billion USD by 2027.
  • Govt aim to increase Farmer Income double.
  • Per Drop more Crop
  • SRR in India is 22 % Vs Brazil 85%.
  • Food Security of country
  • Export potential to ( SAARC & Africa ) due to similar Agro Climatic Condition

Genetic Enhancement Crop

Genetic Enhancement (GE) programs in order to develop superior recombinants and trait specific value added products by integrating novel genotypes through conventional plant breeding. Below are our mandatory crops for genetic enhancement and plant breeding research.

Inherent strength of India

India is blessed with 2nd largest arable land, 15 major agro-climatic zones in the world and 46 soil types out of total 60 types of soil in the world. This diversity gives us opportunity to conduct breeding and evaluation research for most parts of the world. More importantly, the Indian farmer is innovative and quick adopter of new technologies. The example of adoption of Bt cotton is quoted world wide. The inherent strength of the country is a combination of values, culture and traditions apart from physical properties. This has been demonstrated to the whole world by attaining self-sufficiency in food grain production through the Green Revolution.

Improvement in Seed Re placement Rates (SRR)

While the seed replacement among hybrids in crops like Cotton, Sun flower, Bajra, and Jowar is 100%, the SRR in OPVs is suboptimal in Indian Agriculture. The growth in SRR for some crops is is very high. To achieve the future growth, the industry along with public extension system needs to improve the SRR from current status by 22 to 27% depending on the crop. The immediate need is to improve SRR in food crops like Paddy, Wheat and Pulses. The private Industry has entered into this area with significant Research & Development investments after Protection of Plant Varieties (PPV) & Farmer Rights Authority (FR) Act enactment, and we can see the growing market for proprietary varieties in these crops. Maize is another crop where the SRR is very low in certain agro- climatic zones like Rajasthan the state with largest maize area. Suitable hybrids for this region shall see steep growth in SRR.

Seed is the basic carrier of technologies to improve productivity. The whole world was amazed to see at the rate of adoption of Bt. cotton. Here the new technology means any innovation in seed which the farmer finds good value for money. It can be a biotech trait and/or new hybrid/ variety and/or value addition to seed. Apart from Public investments in Research & Development, there has been spurt of major investments by private sector in Biotech/Breeding Research. The private industry is also sponsoring research in the National and International research institutions either individually or through consortium platform. We can expect hybrids in rice with wider adaptability with fine grain quality. This will push the growth of seed industry in a very significant way. Biotech traits on several important crops are ready for launch at various stages of regulatory process. Some of the mare listed below : 

Crop GM Trait (s)
Cabbage Insect Resistance
Castor Castor
Cauliflower Insect Resistance
Corn Insect Resistance
Herbicide Tolerance
Cotton Insect Resistance
Herbicide Tolerance - Next GM after Bt.
Eggplant Insect Resistance
Groundnut Disease Resistance
Mustard Male sterility
Okra Insect Resistance
Potato Disease Resistance
Rice Insect Resistance
Tomato Disease Resistance

Policy Support From Government

Green Revolution in late 60s became possible because of unflinching public and political support and policy backing for new technology. The country again needs similar support from all quarters, particularly in policy backing in the following areas

  • Enabling environment to encourage R&D, Seed production and distribution
  • The following recommendations of the stakeholders’ interface on GM food crops” held in New Delhi in May 2011 should be positively considered
  • BRAI – Biotechnology Regulatory Authority of India (BRAI) should be made operational so on.
  • Regulatory system needs to be efficient and fool proof without slowing down the release process
  • Transparent procedures for testing, clearance and monitoring Genetically Modified (GM) Crops
  • Fiscal Incentives like Tax exemptions, Credit on soft terms, Duty free import of equipment for Research & Development and processing
  • Infrastructure building in PPP through nationwide mission mode approach like TUFS

Attractive for Investment

Recently Seed Industry has become very attractive for the investors. Indian investors are eagerly looking for many IPOs from Seed Industry. As the Govt. allows Foreign Direct Investment (FDI) in selected Agri-sectors including seed production.. The capital infusion will facilitate infrastructure development that is required for faster growth of Indian Seed Industry. These above drivers will have to be simultaneously activated to achieve the set goal. The prospects of growth are in the safe hands of young entrepreneurs / professional who are now managing the Indian Seed Industry.

Know Our Activities

The company has emerged to hold direct seed production involving a vast grower base of nearly  2,000  and  more  growers  to  produce  quality  seeds.  Above  all,  the  production  of highly refined and quality seeds is of utmost importance to maintain a strong and expandable customer base. Our standards of seeds production have always been above the statutory requirements and thus we ensure in delivering quality seeds to our customers. We have different locations for production of different crops. Currently we produce seeds in states like Gujarat, Telangana, Maharashtra, Karnataka, Andhra Pradesh, Rajasthan, Madhya Pradesh, Uttar Pradesh & Uttrakhand which are located in different agro-climatic zones of the country.

 

To  enhance  the  productivity  and  quality  of  seeds,  the  company  has  employed  a  young qualified field staff, who through their technical discussions on bringing more and more innovation in the seed production process, ensures the production of best quality seeds. The company has employed an exclusive team to handle its wide range of products in various categories  like  cotton  seed s,  cereals,  fiber  crops,  oil  seeds, pulses, vegetable  seeds. The processing of seeds takes places around 2 different plants set up by the company as well as wherever climatic conditions favors the seed production. This process is supervised by highly technical & experienced production and quality assurance tea m of the company. At the same time, the Company has started import for required bulk quality vegetable seeds from different temperate countries with well known reliable sources and place in the market for sale after careful Quality clearance from our Quality Assurance team. The Company has made rapid advances from seed production and supply ventures to a commendable position in Research & Development (R&D) and the seed industry in general.

The company believes that quality and service are the foundations for building long lasting relationships with customers, and strives to adhere to these commitments at all times. The company provides the seed growers with:

  • Timely supply of foundation seeds.
  • High Quality standards of foundation seeds, that makes it easy for seed growers to  maintain minimum quality standards.
  • Frequent field inspections, that help to monitor quality and give technical support to farmers helping them maximize production and minimize costs.
  • Timely communication  of quality test results.

Company have its own seed processing plant at strategic locations in Gujarat with total capacity of 6 TPH. Plant is equipped with the latest state of art facility for processing, treatment and packaging of seed.

Company’s packaging plants ensures that all processed and packed seeds conform to the strict standards of Indian Minimum Seed Standards. The processing of seed involves preconditioning, cleaning, size grading, sorting, treating and packaging, all these are handled at our facilities.

Infrastructure

The Suraj Cropsciences Limited has its seed processing plants located at four places in Gujarat where the seeds are processed, stored and packed with the help of modern machineries and state of the art technology. In addition to our own processing plant company is also hiring custom seed processing and storage facilities in various states to enable proper supply of seeds in time.

Seed production activities are carried out in different agro-climatic conditions in eleven states involving approximately 5000 innovative seed growers.

Our Seed Department Is Having

Quality of seed is ensured through Grow Out Test coupled with rigorous laboratory testing for Germination, Seedling vigour and Genetic Purity. Suraj Cropsciences Limited has three research farms fully irrigated with five tube wells. Poly house of 3105 sq m as containment facility and two net houses each of 800 sq m are erected at main research farm. We have small office cum working laboratory at each farm. Separate laboratories for biotechnology, plant breeding and seed technology with all essential equipments have been developed. Highly qualified and experienced scientific manpower is the backbone of Suraj Cropsciences. The Suraj Cropsciences Limited has started its corporate office at state capital Gandhinagar to develop quick convenient contacts with stake holders.

Vision & Future Plans of the Company:

Indian agriculture has proved AKSHAY PATRA of Mahabharata by producing unlimited food to feed its ever growing population and allaying the fear of starvation. Strong and committed research in agriculture at public and private institutes has empowered the new improved seeds producing unlimited food when grown and nurtured in their best appropriate way. The vision of the company is “Quality Seed Producer & Seller” which the company tends to achieve by providing high quality seeds with enhanced yield potential to the farmers of our country and contribute to the economy and quality of life of farmers. The company with its diverse and unique portfolio of products in all group & segments of crop seeds contribute to a great magnitude to the agricultural growth over the years.
The company is marshalling its resources to ensure availability of high yielding value added seeds of field and vegetable crops with enhanced productivity and profitability with higher ecological sustainability. We need to adopt sustainable safer agricultural practices and high yielding improved seeds with greater adaptability and maximum plasticity to cultural variation to contribute to ever green revolution and eradicate poverty and hunger from the country. The company is committed and will always strive hard to provide innovative seeds for attaining maximum agricultural production with minimum resources. For the company, Quality & Growth is a never ending process, the company strives hard to continuously enhance the quality and productivity of seeds to ensure growth of all and achieve new horizons in the business. There is great potential for biotechnology as tool in crop improvement. Despite the risk in such upstream research, the company is contemplating to involve m ore in this work to facilitate the rapid exploitation of new techniques and attaining targeted improvement in crop plants for achieving advances in sustainable yield increases demanded in the face of expanding world population and shrinking land resources. Company is working sincerely towards attaining this motive, which is reflected in the growth of the Company and a vast grower. For Expansion of business, Company has also started to join and collaborating different Govt. & Private authentic Organizations & Associations who are known for safety and Quality

Know This

The financial statements are prepared and presented in accordance with the Generally Accepted Accounting Principles (GAAP) in India and comply in all material aspects with the Accounting Standard (AS) notified under the Companies (Accounting Standard) Rules, 2006 (as amended), other pronoun cements of the Institute of Chartered Accountants of India, the relevant provisions of the Companies Act, 1956 and guidelines issued by Securities and Exchange Board of India.
The preparation of financial statements require estimates and assumptions to be made that affect the reported amount of assets and liabilities on the date of financial statements and reported amount of revenues and expenses during the reporting period. Difference between the actual results and estimates are recognized in the period in which the results are known / materialized.
Provision for Current tax is made on the basis of estimated taxable income for the current accounting period in accordance with the provisions of Income Tax act, 1961. Deferred Tax Liability has been created as per provisions.
The company is having own plant & Machineries, Lab Equipment , Furniture & fixtures & other office equipment& Vehicles
A provision is recognized when there is a present obligation as a result of past event and it is probable that an outflow of resources will be required to settle the obligation, in respect of which a reliable estimate can be made. Provisions are determined based on the best estimate of the amount required to settle the obligation at balance sheet date. Contingent Liabilities are not recognized but are disclosed and Contingent Assets are neither recognized nor disclosed, in the financial statements.

Insurance

We have taken insurance policies namely standard fire & special perils insurance for insuring stock, plant & machineries as well as Factory building of the company and also group Medi-claim Policy for our Confirmed Employees.

Our Directors

The Company has been registered as Private Limited Company under Company Act 1966 and owned by team of directors with different proportion of shares. Directors of Company S are a blend of entrepreneurship and progressive farmers engaged in production of quality seeds for several years. They have very deep knowledge of seed business and practical experience of agriculture in general and seed production in particular.

Dr. S. P. S. Kushwah ( Director)

Dr. S. P. S. Kushwah is the Director of Vigour Seeds Private Limited based at Gandhinagar (Gujarat). Dr. Kushwah’s passion for crop research is reflected through his 32 years of rich experience in the seed industry and his continuing zest for newer boundaries to be conquered through advanced Research & Development. His experience in seed business, Ph. D in Botany, and exposure to national & international symposia, conferences & workshops has provided him the insight of cutting-edge research methods and their novel applications in the agriculture. His exposure in the field of marketing and supply chain management is also highly appreciative and extensive. Under his dynamic leadership and techno-commercial entrepreneurial skills, the Company has grown from strength to strength and become a premier private research organization of Country for crop genetics and hybrid development. Dr. Kushwah is also Chairman and Managing Director of Suraj Cropsciences Limited, Gandhinagar since its inception Jan. 2010.

Arjun Prasad Tiwari ( Director)

Mr. Tiwari is the Director of Vigour Seeds Private Limited based at Raipur (Chhatisgarh). Mr Tiwari’s passion for Agri Marketing and sales is reflected through his 14 years of rich experience in the seed industry and his continuing zest for newer boundaries. His experience in seed business with B.Sc (Agriculture) is huge. His exposure in the field of marketing and supply chain management is also highly appreciative and extensive. He is having vast experience of sales and marketing of seeds and other agri inputs specially in North, Central and Western part of India. He has given a dynamic growth to the company since his inception.

Mr. Rajnish Kumar Singh (Director)

Rajnish Kumar Singh aged about 55 years has received the B. Sc.(Ag.) Hons. Degree from Rohilkhand University, Bareilly with second topper of university in 1988, and M.Sc.(Ag,) in Plant Breeding and Genetics from C. S. A. University of Agriculture & Technology, Kanpur in 1991. He has started his career along with Mahyco seeds in 1993 as QA Supervisor and served them till 2008 in various segments of Quality Assurance and Production at various locations of North West India. After that he has joined Krishidhan Group of companies and served them as Regional Manager Supply Chain for North west India based at Ahmedabad/ Chandigarh till 2011. From 2011 to 2014 he has served to Zuari Seeds Limited as Regional Head Supply Chain for North west India based at Ahmedabad/ Chandigarh. Since 2014 he is associated with Suraj Cropsciences Limited as Supply Chain Head Based at Gandhinagar. He is Director in Vigour Seeds Private Limited since August’2019. He joined the company for the faster growth of company on the basis of his vast experience in same business activities.