The initiative focuses on improving research capabilities in millets and other ancient grains, which are attracting growing attention for their potential to support food security, dietary diversity and agricultural resilience.
The initiative, implemented primarily through Primary Agricultural Credit Societies (PACS), aims to reduce post-harvest losses, lower transportation costs, improve farmers’ access to storage, and strengthen the country’s food-security system.
The investment is designed to increase production capacity, support growing global demand for biosolutions and strengthen the resilience and flexibility of the company’s international supply network.
Lifting these restrictions marks a shift from a policy focused primarily on domestic supply protection to greater participation in international markets.
The move comes as the conflict involving Iran, Israel and the United States has disrupted shipments through the Strait of Hormuz since late February, exposing vulnerabilities for India as the world’s most populous country, the second-largest fertilizer consumer, and a major agricultural producer.