FMC Corporation prepares to wind down its business in India due to challenging market conditions, high inventory levels, weak demand, and high import tariffs.
01 August 2025: US agrochemical company, FMC Corporation is divesting itself from its agrochemical business operations in the country due to challenging market conditions, high inventory levels, weak demand, and high import tariffs (average 39% on agricultural products) in India.
According to the information received, the company is in the process of selling the business and the process is expected to be completed within the next year. FMC has classified its India business as held for sale from the third quarter of 2025.
FMC Corporation is exiting its business operations in India because of:
● Challenging market conditions: High inventory levels and weak demand in the Indian agriculture sector have impacted profitability.
● High import tariffs: India’s average 39% import tariff on agricultural products has increased costs for FMC’s operations.
● Strategic restructuring: FMC aims to focus on high-growth markets and streamline operations, divesting from underperforming regions like India to improve financial performance.
FMC will maintain its presence in India through a supply agreement with a prospective buyer and will continue to operate its active materials manufacturing facilities. This decision is in line with FMC’s strategy to focus on high-growth markets and streamline operations. The company has adjusted its 2025 revenue estimates to $4.08–$4.28 billion, excluding India.
The decision reflects FMC’s broader restructuring efforts, with the sale of the India business expected to be completed within a year from the third quarter of 2025, while maintaining manufacturing and supply agreements in the region.