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Insecticides India aims Rs 1,200 crore top-line in FY16

17 Jul 2015 Evaluate

Agrochemicals firm Insecticides India (IIL) is targeting to take top-line to Rs 1,200 crore by the end of FY16. The company is entering into the export domain starting from Asian and African markets.

At the end of 2014-15, the company touched a top line of Rs 865 crore and expects it to grow to Rs 1,200 crore in 2015-16. IIL has also turned its attention to greater investment in research and development (R&D) and production of new indigenous molecules.

Recently, the company partnered with Tokyo- based OAT Agrio Company to set up an ultra modern R&D centre, in Chopanki, Rajasthan for discovery of new agrochemical molecules.

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.

 

Insecticides India Share Price

722.05 10.10 (1.42%)
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