Insecticides (India) will be launching new product in FY17 which will help boost profitability of the company. The company has reduced its debt to about Rs 40-50 crore in FY16 from Rs 70-80 crore in FY15.
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.