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Insecticides (India) to set up manufacturing plant to produce bio-products

10 Dec 2015 Evaluate

Insecticides (India) is planning to set up a manufacturing plant to produce bio-products and will soon launch new products in biotechnology related to soil fertility and plant nutritions. The company is also planning to set up R&D facility specifically for research in bio-technology and dedicated manufacturing facility for manufacturing bio-products.

The company had launched its first bio-product Mycoraja last year, which marked the company's entry into the bio product segment. Mycoraja is a mycorrhizae based biological product, which enhances the absorption of the nutrients through plant roots, and also provides drought tolerance and immunity against diseases.

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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