Investment Rationale
• BSCL, an agro-chemical company, is subsidiary of the Euro 35 billion Bayer AG
• Its business is divided into crop protection, environmental science and bio-science
• Per hectare consumption of pesticide in India is merely 0.48 kgs, lower than 5.0 kgs per hectare in the US and again less than 10.0 kgs per hectare in Japan
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