Agrifort Technologies Pvt. Ltd.
Winner of India 5000 Best MSME Awards 2024

Agrifort Technologies Pvt. Ltd.
Winner of India 5000 Best MSME Awards 2024

Award Category Photo

Details

Registered Company Name
Agrifort Technologies Pvt. Ltd.
Registration Type
Private Limited Company

Business Category
Agriculture & Farming
Business Sub Category
Rapidly Growing Organization Dedicated to Supporting the Farming Community Through Organic & Sustainable Agricultural Practices.

Establishment Year
2016

Number Of Employee
200
District
Lucknow

City & PinCode
Lucknow - 226012
State
Uttar Pradesh

Introduction

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AgriFort Technologies Pvt. Ltd. is a rapidly growing organization dedicated to supporting the farming community through organic and sustainable agricultural practices. Specializing in plant biostimulants, the company focuses on promoting Integrated Pest and Nutrient Management (IPNM) to enhance agricultural productivity. Plant biostimulants improve plant health, nutrient efficiency, stress tolerance, and soil nutrient availability, helping farmers achieve better yields and higher-quality crops.

Founded by Sharad Awasthi, who has over 28 years of experience in the agri-input industry, AgriFort Technologies aims to provide cost-effective, eco-friendly solutions to the farming community. Sharad’s vision led to the introduction of plant biostimulants, addressing challenges like overuse of fertilizers and enhancing plant growth. The company also launched the AgriFort Business Partner (ABP) scheme to strengthen relationships with distributors and ensure products effectively reach farmers.

AgriFort Technologies' mission is to optimize farm output through innovative, value-added technologies and sustainable agricultural solutions. With a focus on scientific practices, the company’s products target various crop challenges and benefit farmers by improving their income and productivity. AgriFort Technologies operates with a strong commitment to environmental responsibility and ethical business practices.

The company has expanded its reach, opening seven new sales areas in 2022-23, and achieved 21% growth in overall business, with plant biostimulants growing by 24%. Its slogan, "Farmers Win – We Win," reflects its dedication to improving the lives of farmers and ensuring the success of its products.

AgriFort Technologies is also focused on research and development in agriculture and seed businesses to further strengthen its position. The company prides itself on a robust management information system (MIS) and reinvests 100% of its profits for growth and expansion. With strong HR policies and a focus on employee retention, AgriFort Technologies remains committed to providing excellent service, maintaining zero disputes, and positioning itself as a leader in sustainable agriculture.


CEO Details

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Mr. Sharad Awasthi
M. Sc.- Agriculture and MBA (HR & Supply Chain)

Mr. Sharad Awasthi is the CEO of AgriFort Technologies Pvt. Ltd., a position he has held with distinction since founding the company in 2016. With over 28 years of experience in the agri-input sector, Mr. Awasthi brings extensive expertise in sales and marketing, having worked with multinational companies such as American Cyanamid, BASF, and Biostadt India Ltd. (Wockhardt). His in-depth knowledge of the industry and strong leadership skills have been instrumental in shaping the success of AgriFort Technologies.

Mr. Awasthi holds a Gold Medal in M.Sc. Agriculture from Chandra Shekhar Azad University of Agricultural & Technology, Kanpur, and an MBA in Human Resource and Supply Chain Management. Under his leadership, AgriFort Technologies has achieved significant growth, even overcoming the challenges posed by the COVID-19 pandemic. Despite the difficult economic climate, the company achieved a 21% growth in business after the pandemic, a testament to his strategic vision and resilience.

Before founding AgriFort Technologies, Mr. Awasthi earned recognition at American Cyanamid for the highest sales of Thimet and Durmet. At BASF, he was selected for an international trip to Bangladesh to evaluate the Sulphur market. His leadership at Wockhardt-Biostadt saw him rise from Regional Sales Manager to National Sales Manager, handling a business portfolio worth 300 crores and managing 250 employees.

At AgriFort, Mr. Awasthi has focused on addressing agricultural challenges through innovative solutions, such as plant biostimulants for nutrient efficiency, stress tolerance, and soil health. His ethical approach to business is reflected in the company’s Vision, Mission, and ESG policies, which emphasize sustainability, social responsibility, and ethical practices.

Under his guidance, AgriFort Technologies has achieved a compounded annual growth rate (CAGR) of 42% over the past seven years, with a turnover of 23 crores, positioning the company for continued success and long-term growth.

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