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1		-IN:UPL
	1	+IN:UPL|India

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8	8	* With a revenue of US$5,040 Million, UPL is now present in 138+ countries and have market access to 90% of the world’s food basket.
9	9	* UPL has 43 plants across the globe of which 15 plants are in India.
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14	14	= Company Overview =
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158	158	Despite dry weather conditions across Europe and Australia, currency headwinds in Latin America and lower prices of generics caused the fungicide market to grow, as farm areas continued to expand for most key crops and strong monsoon conditions in Indo-China region encouraged fastet bounce back.
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162	162	== Indian crop protection market ==
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164	164	The agrochemicals industry is buoyed by the acceleration in agricultural activities due to normal monsoons and lucrative prices. Production of agrochemicals (technical grade) grew by over 10% in FY 2021. There was a gradual shift from generics towards speciality products because of higher effectiveness and increasing affordability, with the latter now estimated to contribute 20-25% of India’s current agrochemical sales.