Incorporated in year 2000, Sumitomo Chemical India (SCI) is into agrochemical, animal nutrition and environmental health solutions. The company has been selling proprietary products of its parent in the domestic market. With the recent merger of Excel Crop Care (ECC), we expect the business portfolio of the merged entity to expand across different crops given the former is present in staple crops as against SCI that is in fruits & vegetables. Further, better distribution reach across key geographies in domestic as well as export markets would provide revenue synergies to the...