Technico Agri. Sciences Ltd.’s Newly-Appointed CEO Nripendra Jha Promises Pioneering Groundbreaking Solutions

Nripendra Jha, CEO at Technico Agri. Sciences Ltd

Nripendra Jha, CEO at Technico Agri. Sciences Ltd

March 26, 2024

Technico Agri. Sciences Ltd., a prominent subsidiary of ITC Ltd. Group, has appointed Nripendra Jha as its Chief Executive Officer. Jha used to be the Business Head at Technico Agri. Sciences Ltd. The announcement comes as the company commemorates its 25th anniversary.

In a heartfelt letter addressed to his colleagues, Nripendra Jha expressed his gratitude towards the team at Technico, acknowledging their relentless efforts and unwavering commitment that have contributed to the company's success over the years. He emphasized the important role played by the team in shaping Technico into a respected leader in the industry, particularly in revolutionizing the potato landscape of India.

Nripendra Jha, CEO at Technico Agri. Sciences Ltd:
 

"As we stand on the brink of Swarnim Kaal, an era of boundless possibilities, I am filled with profound excitement and optimism. This phase symbolizes not just a new chapter, but a transformative period in our company's journey."

"We will embrace change as an opportunity for growth and evolution. We will leverage our collective strengths, creativity, and ingenuity to explore unchartered territories and pioneer groundbreaking solutions."

"Our commitment to innovation will be unwavering, driving us to push beyond limits and unlock new realms of success. We have the chance to redefine industry standards, innovate beyond boundaries and set new benchmarks of excellence."

Jha's vision for Technico's future revolves around digital transformation, innovation, and agility. He aims to leverage the collective strengths and creativity of the team to explore uncharted territories and pioneer groundbreaking solutions. The company is poised to redefine industry standards, innovate beyond boundaries, and set new benchmarks of excellence under his leadership.

Technico Agri Sciences Limited is an Indian agri-biotech company established in 1999, with a focus on innovation in seed potato production. They are a wholly owned subsidiary of ITC Limited. ITC Limited is a major Indian conglomerate, with $9.8 billion in revenues in 2023.

Founded in 1910, the company began as a tobacco producer (originally called the Imperial Tobacco Company of India) but has since diversified into a variety of sectors including Fast Moving Consumer Goods (FMCG), hotels, packaging, paper, and agribusiness.

ITC's FMCG arm includes popular brands like Aashirvaad, Fiama Di Wills, and Classmate, while its hotels operate under ITC Hotels, WelcomHeritage, and other names. Technico's core technology is called TECHNITUBER®. It allows them to produce disease-free, high-yielding seed potatoes in a shorter timeframe compared to traditional methods.

This technology translates into a variety of products and services offered by Technico, including tissue culture production, TECHNITUBER® seed potatoes themselves, and early generation seed potatoes (FG-1 to FG-3). These products offer several advantages.

They can significantly reduce the time it takes to bring new potato varieties to market. Additionally, they improve the overall quality and yield of potato crops while reducing the risk of disease transmission. Transportation costs are also lowered due to the compact size and light weight of TECHNITUBER® seeds.

Technico has a global presence with operations in India, Australia, Canada, and China. Their innovative approach to seed potato production has had a significant impact on the potato industry. By providing a more efficient and effective way to produce seed potatoes, Technico benefits all participants in the industry, from breeders and processors to commercial farmers.

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