Former Vice President M. Venkaiah Naidu Attends Nuziveedu Seeds Golden Jubilee Celebrations as the Chief Guest
Hyderabad, Sunday 4th February 2024: In a momentous event held in Hyderabad, Nuziveedu Seeds Limited (NSL) celebrated its golden jubilee with esteemed former Vice President Sri M. Venkaiah Naidu as the chief guest. The ceremony held at Aspacious convention center at Kompally on Saturday evening showcased NSL's dedication to the agricultural sector and acknowledged the visionary leadership of Sri Mandava Prabhakar Rao, the CMD of NSL, who has propelled the company to new heights.
Former Vice President Sri M. Venkaiah Naidu commended the Union Government, led by Prime Minister Sri Narendra Modi, for its commitment to the agricultural sector through various farmer-centric schemes. He highlighted the global recognition of India, emphasizing the need for the country to become a "Viswaguru." Sri Naidu praised Sri Mandava Prabhakar Rao's approach to serving the nation and urged companies to invest in Research and Development (R&D) for sustainable growth.
Addressing the audience, Sri Naidu emphasized the noble profession of agriculture and encouraged companies to work with passion, focusing on the betterment of the nation rather than mere profit generation. He expressed pride in India's progress, referencing its 32% contribution to the world's GDP and urged companies to uphold dignity in their success.
The former Vice President underscored the importance of cultural heritage, urging the younger generation to cherish and share the values passed down by their ancestors for true satisfaction and greater success in their lives.
Recognizing NSL's pivotal role in India's green revolution, Naidu extended congratulations to all companies contributing to this transformative period. He stressed the significance of research in agriculture, specifically advocating for advancements in seed technology to enhance crop yield and farmer satisfaction.
Sri Mandava Prabhakar Rao, CMD of NSL, outlined the company's ambitious plans for expansion, aiming to reach farmers not only across different states in India but also globally. NSL, with 13 processing plants and 29 cold storage units in 10 states, boasts over 150 scientists dedicated to seed research. The company's seeds, distributed through an extensive network of 7,500 distributors and 20,000 retailers, play a vital role in supporting farmers across the country.
Sri Rao announced NSL's commitment to outpace the international seed market's growth rate by setting an ambitious target of 20%. The company plans to release 33 new seeds in the next 12 months, including varieties in cotton, corn, hybrid paddy, and oil seeds.
NSL Founder Chairman Sri Mandava Venkatramaiah Chowdary expressed his joy at witnessing his son's growth and the realization of NSL's mission. He recounted the challenges faced by farmers in his childhood, particularly the lack of quality seeds leading to poor crop yields. This emotional experience motivated him to establish NSL with a sole focus on providing high-quality seeds to farmers. Sri Chowdary expressed immense satisfaction in seeing the company fulfill its mission by serving farmers globally.
The golden jubilee celebration included the felicitation of long-serving employees, cultural performances, and a special ballet showcasing NSL's 50-year history. The event concluded with the enjoyment of Telugu and Hindi songs on stage, creating a memorable experience for all attendees.