Nuziveedu Seeds eyes 3-fold growth
01 February 2024
Nuziveedu Seeds, which has completed 50 years, expects to grow at around 19-20% per annum over the next few years, which is double the Indian seeds industry growth rate of around 10% per annum, NSL Group chairman M Prabhakar Rao said. He said the seed company, which clocked revenues of around ₹1,100 crore in 2022-23 with 15% growth over FY22 revenues, is eyeing tripling its revenues in 4-5 years.
Nuziveedu Seeds, which has completed 50 years, expects to grow at around 19-20% per annum over the next few years, which is double the Indian seeds industry growth rate of around 10% per annum, NSL Group chairman M Prabhakar Rao said. He said the seed company, which clocked revenues of around ₹1,100 crore in 2022-23 with 15% growth over FY22 revenues, is eyeing tripling its revenues in 4-5 years.
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