ACI Contribution in Agriculture of Bangladesh

Bangladesh has a primarily agro-based economy. Agriculture was the major contributor
of the country's economy. It contributed 70% of total !" in #$%0. But now with
decreasing growth rate& it comes down at '0.(% in '00$. )ns*illed wor*forces& use of
outdated technology& old fashioned culti+ation are mainly responsible for decreasing
contribution of this sector to !" in Bangladesh. ,ot only employment& but this
scenario indicates -uestion on country's food security condition in the near future.
"resent population growth rate and agricultural growth rate are creating an alarming
food gap for the country. )nfortunately commercial farming practice has not been
possible to a larger e.tent. !i+ersification in crops production& use of modern
technology& training to farmers on modern farming techni-ues and increasing
commerciali/ation can support the de+elopment of agriculture in Bangladesh. And this is
where A0I Agribusiness starts its business. A0I Agribusiness aims to bring prosperity of
the farmer by pro+iding a complete solution to the needs of farmers and agriculture of
our country.
A0I plays a +ital role towards maintaining food security of the country by distributing
different hybrid and inbreed +arieties of cereals& pulses& and +egetable seeds through
A0I 1eed. 2here has been acute shortage in the supply of -uality +egetable seeds
within the country as a result of which culti+ation of +egetable crops has been
increasingly dependent on traditional seed grower. 3or last few years farmers' interest
grew up for commercial +egetable culti+ation. As a result& their economic condition as
well as impro+ement of li+elihood status impro+ed due to more production of +egetable
crop with more use of high yielding hybrid seeds. All these seeds are not imported.
1ome are also de+eloped locally and subse-uently are mar*eted throughout the
country. 4ith this aim in +iew& A0I 1eeds has underta*en acti+ities efficiently to produce
and supply -uality seeds throughout the country and became a trusted name to de+elop
crop +arieties and supply -uality seeds with farmer's choice. 2hey ha+e gained high
acceptance among the farmers due to their high -uality and better yield. A0I 1eed also
ha+e their own 5esearch6 !e+elopment acti+ities in 5ural !e+elopment Academy
75!A8 at 1herpur& Bogra.
!espite ha+ing fa+orable soil conditions& our production has not been ade-uate. 9ur
poor farmers needed to boost its production through uses of +arious fertili/ers. A0I in
this regard came into e.istence with its wide range of fertili/ers. A0I 3ertili/er deals with
soil health products& nutrient deficiency correctors& supplementary products& and plant
growth regulators. 2hey are constantly trying to bring in new technologies in the picture
for more production with its product line& consisting of its +arious micro-nutrient
fertili/ers.
A0I also offers a complete range of products including insecticides& herbicides&
fungicides& and yield boosters which help in protection from insects and funguses and
enhance yield of crops. 2he 1B) 0rop 0are6 "ublic :ealth 700":8 focuses on using
more ad+anced technologies for better yield and building awareness among the farmers
on the safe uses of insecticides& herbicides& fungicides etc.
2o encounter labor shortages and increase producti+ity& Bangladesh agriculture
desperately needed mechani/ed culti+ation process. A0I ;otors came up with modern
agricultural machineries in the agriculture sector to speed up crop production and
reduce production cost. In this regard& A0I ;otors has a wide range of product portfolio
consisting of 2ractors& "ower 2illers& !iesel <ngines& 0ombine :ar+esters and 5ice
2ransplanters. 2hey also ha+e ser+ice centers with -ualified technicians& located all
o+er country to train the farmers on its proper uses and pro+ide ser+ices& when
re-uired.
2o bridge the gap between the demand and supply of protein need of our nation A0I
=i+estoc*6 3isheries came into e.istence. 2hey ha+e their own manufacturing plant at
,arayangonj& and also imports poultry +accines& nutrition& and hygiene products from
reputed multinational companies such as 0e+a& In+esa& and Ayur+et. A0I =i+estoc*6
3isheries is ma*ing a *ey contribution in fulfilling the protein need for our growing
nation.
<nsuring fair price to the farmers has always been a +ital issue in this country. A0I
0rope. is a remar*able addition for the agricultural ad+ancement in the country with an
objecti+e to ensure fair price to the farmers for their crops. 2hey aid farmers by
e.changing their crops at the time of their necessity and pro+iding them with
technological and ad+isory ser+ices. 2he business intends to produce +arious
agricultural crops through contract growers and preser+e the crops in warehouses and
cold storages and subse-uently mar*et the preser+ed items to bul* buyers.
A0I has a dominating presence in integrated poultry solution in Bangladesh. A0I odrej
Agro+et "ri+ate =imited is into the business of pro+iding integrated solution to the
mar*et by producing and mar*eting -uality "oultry& A-ua& 0attle 3eed and !ay 9ld
0hic*s for the impro+ement of socio economic condition of the farm owners of
Bangladesh. A0I odrej Agro+et "ri+ate =imited is a joint +enture company formed by a
fifty-fifty sta*e of A0I =imited& Bangladesh and odrej Agro+et =imited& India.
2o summari/e& each of the different units and the joint +entures of A0I pro+ided the
agriculture sector of Bangladesh with -uality agricultural inputs such as seeds&
fertili/ers& pesticides& machineries& and irrigation which are critical to promote
di+ersification& and increase producti+ity of the agriculture sector. By putting together all
the pieces& we can see the full picture& which is the prosperity of the farmers. And that is
the +ision of A0I Agribusiness. A0I is wor*ing towards the de+elopment of the nation by
ma*ing it a self-sufficient nation and ensuring food security. It has achie+ed its goal to
some e.tent& and is ready to stri+e e+en harder in the future to contribute e+en more to
ma*e its mar* e+en stronger in the agriculture sector of the country with its complete
solutions for the famers and agriculture sector of Bangladesh.