By: ICN Bureau
Last updated : January 17, 2023 9:55 am
The herbicide is primarily used in crops such as maize, soybeans, tomatoes, potatoes, sunflowers, wheat, and rice
India Pesticides Limited, one of the fastest growing agrochemical companies in terms of volume of technical manufacturing, has announced the launch of a herbicide technical product.
The company has launched one more selective systemic herbicide for controlling grass and certain broad leaves weeds in the pre- or early post-emergence stages. The herbicide is primarily used in crops such as maize, soybeans, tomatoes, potatoes, sunflowers, wheat, and rice.
The product will be manufactured at Sandila Plant facility and is exclusively for export markets. There is strong demand for this product in international markets and the company is confident it will be well received by its customers. The development of the manufacturing process was led by dedicated in-house R&D and project engineering teams.
This launch is the 7th in a series of eight new molecules as part of our previously announced medium-term strategy, with the eighth to be launched soon.
Commenting on the development, Anand Swarup Agarwal, Chairman, India Pesticides Limited said, “I am delighted to announce the launch of latest herbicide technical which has been developed by our dedicated R&D team. Their tireless efforts have resulted in the creation of an efficient manufacturing process and successful execution by our in-house engineering team. This new product will be exclusively exported by our company."
"This launch is a testament to our company's R&D capabilities and our ability to consistently increase revenue through exports. It further strengthens our position in the Indian market as well as on the global stage. It is also in line with our country's vision of "Make in India, Make for the World,” added Agarwal.
India Pesticides Limited is one of the fastest growing, R&D driven and globally operating agrochemical companies, pioneered manufacturing since 1984. The company is among the fastest growing agrochemical companies in India in terms of volume in fiscal 2020. The company is also a leading manufacturer of herbicide and fungicide technicals and active pharmaceutical ingredients (APIs).