FMC India’s $252 million distress sale to Crystal Crop Protection.
State of Agritech - 14th May 2026
1/ FMC India’s $252 million distress sale to Crystal Crop Protection
Soon after shutting down its India Operations, FMC finds a pre-IPO suitor, albeit with a divergent cultural DNA. What led to this distress sale? What does Crystal Crop Protection gain? What does FMC gain? What is the road ahead?
2/ When Climate-Resilient Crop becomes the most Climate-Vulnerable Crop
A new study covering 51 years and 563 districts has just published the most rigorous estimate yet of what climate change is doing to Indian agriculture. Which crop lost the most yield to a 1°C rise in temperature? Not rice, wheat or maize. Pearl millet.
3/ Double-clicking on Amazon’s $30 million deal to buy carbon credits from Indian rice farmers
Amazon bought $30 million worth of Indian carbon credits without using India’s carbon market. Why are Indian farmers not a counterparty to this deal? What about additionality paradox? Can it be resolved?
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