Deepak Fertilisers' Subsidiary Strikes Deal with Israel's Haifa Group for Agricultural Advancement

Mahadhan Agritech Ltd (MAL), a subsidiary of Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL), formerly known as Smartchem Technologies Limited (STL), has entered into a partnership with Haifa Group, a prominent multinational corporation from Israel specializing in specialty plant nutrients for agriculture.

The agreement, announced by Sailesh C. Mehta, Chairman and Managing Director of DFPCL, aims to foster agricultural innovation and enhance farming practices. Mehta expressed optimism about the collaboration, foreseeing positive impacts on the agricultural sector and improved conditions for farmers.

Motti Levin, CEO of Haifa Group, highlighted the potential for sharing Mahadhan Agritech's advancements and practices with other regions globally. This exchange of knowledge and technology is anticipated to bolster agricultural productivity and quality in developing nations.

HBL