As a follow up to this post, I made a presentation on domestic agrichemical companies last week to the VP Europe group. The presentation and summaries are available at link below.
Summary: There is an exponential growth in technical exports from India, most companies are doing very well and a lot of these companies are also available at low valuations. This sector is a better way to play China+1 as there is lower competitive intensity, less regulatory supervisory and better unit level economics.
