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Insecticides (India) enters into JV with Otsuka Agri Techno Co

26 Sep 2012 Evaluate

Insecticides (India) has entered into joint venture (JV) with Otsuka AgriTechno Co (OAT), Japan to set up a new research and development (R&D) Centre at Chopanki (Rajasthan) for new products in the country.

The JV would mainly focus on research and invention of new agricultural chemicals besides managing intellectual property for the products invented in the Research Centre. OAT would provide the technology and know-how of the research and invention methods.

Insecticides India’s leading agro-chemical and pesticides manufacturer. It has entered into technical collaboration with global giants AMVAC, USA for THIMET, which is India's most popular generic pesticide.

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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