Reacting to the Union Budget 2026–27, Nishant Kanodia, Chairman of Matix Fertilizers and Chemicals Limited, described it as a pivotal step for the future of agriculture and food security. He said the budget reinforces a belief he has long held—that the future of India’s food security lies at the intersection of bioscience and technology.
Kanodia highlighted the launch of Bharat VISTAAR, an AI-enabled agricultural advisory platform backed by a ₹1.52 lakh crore allocation, which aims to bridge the gap between technology and the farm. He noted that agriculture is often seen as traditional and technology as modern, but this budget clearly signals that the two are complementary, working together to provide sustainable solutions.
He welcomed the focus on high-value crops such as coconut and cocoa, which will incentivize farmers’ incomes. Strategic changes in customs duties, he added, are expected to boost domestic value addition, aligning with the government’s ‘Make in India’ vision.
Speaking on Matix Fertilizers’ perspective, Kanodia said the company’s foundation is built on resilience and efficiency. According to him, the removal of certain exemptions is not a barrier but a necessary step toward creating a stable, predictable business environment for self-reliant, capital-intensive sectors.
He concluded that Matix is fully prepared to implement this policy framework on the ground, ensuring that as India advances toward a ‘Viksit Bharat’, farmers have access not only to better nutrients, but also to enhanced information and technological know-how, empowering them to maximize productivity and sustainability.
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