HIL India records 65% exports growth in first half of current fiscal
By: ICN Bureau
Last updated : October 30, 2020 4:09 pm
The company has achieved this significant growth due to large quantities of Dichloro Diphenyl Trichloroethane (DDT) and agrochemicals shipped to Southern African countries, Latin America and Iran during the period.
HIL (India), a PSU under the Department of Chemicals and Petrochemicals, Ministry of Chemicals & Fertilizers has recorded 65% growth in exports during H1 of FY 2020-21.
The company has achieved this significant growth due to large quantities of Dichloro Diphenyl Trichloroethane (DDT) and agrochemicals shipped to Southern African countries, Latin America and Iran during the period.
Union Minister for Chemicals & Fertilizer DV Sadananda Gowda lauding the efforts of the HIL (India) said, “Congratulations to the Hindustan Insecticides Limited (HIL) management and their team for this impressive growth of 65% in the first two quarter of FY 2020-21 against the previous year. I wish the HIL a successful and remarkable year ahead.”
HIL has also recorded the highest ever production of 530.10 MT of Malathion Technical in the first two quarters of the current year as compared to 375.5 MT in the corresponding period last year (CPLY). The company has also registered the highest sale for the product in the first two quarters and supplied the entire quantity to various institutions like the Ministry of Agriculture’s Locust Control Programme and municipal corporations across the country for the vector control programme.