US-based agricultural sciences company FMC Corporation has agreed to sell its India commercial business to Crystal Crop Protection Limited in a deal valued at $252 million, marking a significant development in India’s agrochemical sector.
The agreement includes FMC India’s crop protection business, rights to market several FMC brands in the country, preferred supply arrangements, and access to FMC’s future product pipeline for the Indian market. The transaction is expected to strengthen Crystal Crop’s position in the domestic crop protection industry and expand its product offerings for farmers.
FMC said the move is part of its broader global restructuring strategy aimed at reducing debt and focusing on priority international markets. The company had earlier announced plans to explore strategic options for its India commercial operations as part of efforts to improve financial performance and streamline operations.
Despite the sale, FMC clarified that it will continue to maintain a presence in India through its manufacturing facilities and research and development activities. The company also said it would continue supplying certain products to Crystal Crop under long-term commercial arrangements after the deal is completed.
Crystal Crop Protection said the acquisition would help it expand access to advanced crop solutions and strengthen innovation across chemical and biological products. The company believes FMC’s established brands, market reach, and technology pipeline will improve its ability to serve Indian farmers and deepen its footprint in the agriculture sector.