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Insecticides (India) to commercialise bio-product ‘Mycoraja’: Report

25 Mar 2015 Evaluate

Insecticides (India) is reportedly all set to commercialise its maiden bio-product ‘Mycoraja’ ahead of the onset of the Kharif season to establish a footprint in the Rs 5,000-crore market segment.

Mycoraja is a Mycorrhiza fungus-based fertiliser which the company believes could help enhance crop yield. The fungus forms a symbiotic relationship with the crop’s root and helps it build immunity while enhancing nourishment through better absorption of nutrients, particularly nitrogen, but also important micronutrients like sulphur, zinc and manganese.

Insecticides (India) is a leading agro-chemical and pesticides manufacturer. The company has formulation facilities in Chopanki in Rajasthan, Samba and Udhampur in Jammu & Kashmir and Dahej in Gujarat. It also has plants at Chopanki and Dahej to manufacture technical grade chemicals.

Peers
Company Name CMP
UPL 553.15
PI Industries 2386.70
Bayer CropScience 3772.10
Sharda Cropchem 761.50
Sumitomo Chem. India 463.50
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