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HomePosts Tagged "Hikal Ltd"
Agribusiness, Agro chems – Chemicals, Company News, India, People

Having has more than 34 years of experience in operations, Suresh is currently with Hikal Ltd as Senior Vice President – Operations since 2015.

The Board of Directors of the Hikal Ltd at its meeting held on March 27, 2024, on the recommendation of the Nomination & Remuneration Committee, unanimously approved the appointment of Sarangan Suresh as an Additional Director of the Company in the category of Executive Director for a term of 5 (five) years, effective from April 1, 2024 subject to the approval of shareholders of the company.

 Sarangan Suresh has more than 34 years of experience in operations. Handling multiple sites at the same time worked, with companies like Rallis India Ltd, Sun Pharmaceuticals Ltd, Dr Reddy’s Laboratories, Mylan Laboratories and currently with Hikal Ltd as Senior Vice President – Operations since 2015.

A Graduate in Chemical technology from IICT Mumbai (UDCT), Postgraduate in Chemical Engineering from Indian Institute of Science Bangalore. Has been spearheading several initiatives and received the CII award for water conservation within the fence category in 2020-21, Won the state award for safety in 2022-23, has won Chairman’s excellence awards during the career at DRL.

Started the career as Process Engineer with Rallis India Ltd, Handling Multiple sites as Deputy General Manager- Head of manufacturing, Sun Pharmaceuticals- Associate Director Manufacturing at DRL, AVP at Wockhardt Ltd, Associate Vice President at Mylan Laboratories and joined Hikal as Vice President-Operations in July 2015.

At Hikal worked on several corporate initiatives, a Project Management Tool- DAKSH, Lean Six Sigma manufacturing for key products, worked on several Capacity Expansion projects, Faced several Regulatory audits during the career successfully. Driving the Business Excellence initiative – Project Pinnacle, Working on Projects like Self-Managed Teams and Effective Manpower utilization projects. Chairperson of Execution Committee and Member of Business Leadership Committee at Hikal.

Having has more than 34 years of

Agro chems – Chemicals, Company News, India, People

Kapoor has wide national and international experience and success in negotiating and finalising technology tie ups, transfers and joint ventures.

Agrochemical major Hikal Ltd has announced that the board of directors of Hikal Limited at their meeting held on January 11, 2024, has unanimously approved the appointment of Ravi Kapoor as Independent Director of the company for a period of 5 years with effect from January 11, 2024, subject to the approval of the shareholders.

Ravi Kapoor is the promoter Director of Heubach Colour Private Ltd. (“HCPL”), owned by the Heubach family who have a 600 years’ history of business in Europe with the last 200 years in pigments. He is an Alumnus of University of Mumbai and presently resides in Vadodara, Gujarat.

The company was incorporated in 1994 and he was the Joint Managing Director from 1996 and took over as Managing Director in 2001. He has been responsible for steering the company over the last 25 years and under his leadership HCPL recorded its highest profit margin being amongst the most profitable pigment company globally as also creating one of the most sustainable and ecologically responsible companies. He is also the Chairman of Heubach Colorant India Limited, a listed company.

He has wide national and international experience and success in negotiating and finalising technology tie ups, transfers and joint ventures with British (ICI), Swiss (Bartrams), Japanese (Toyo Ink, Mitsui, DNS), Chinese and Indian companies. He has also been a key person in the Heubach Group for the acquisition process across the globe. Under his stewardship the company has won several accolades for environmental protection and preservation including Best Responsible Care company from the Indian Chemical Council (ICC). He has a depth of domestic and international experience in the speciality chemicals field including technology tie ups, joint ventures and mergers and acquisitions globally. He is a director of several of the Heubach subsidiaries in India and overseas, serves as a Board member of the Heubach Group globally.  Currently he is the Chairman at the Indian Chemical Council’s Sustainability & Responsible Care Expert Committee.

Kapoor has wide national and international experience

Agro chems – Chemicals, Company News, Finance, India, Investments

The investment is expected to create employment opportunities of about 400 jobs.

Hikal Ltd and the Government of Gujarat have entered into a Memorandum of Understanding (MoU) as part of the investment initiative associated with the Vibrant Gujarat Global Summit 2024.

According to the MoU, Hikal will inject Rs 500 crores into the existing fine chemical plant located at Panoli, Gujarat. The Panoli plant is distinctive as the only Hikal site that encompasses all three business verticals—Pharma, Crop Protection, and Animal Health.

In reciprocation, the Government of Gujarat commits to assisting Hikal in obtaining the necessary permissions, registrations, approvals, and clearances from the relevant state departments. The investment is expected to create employment opportunities of about 400 jobs, it added. On the Government’s part, it would facilitate the necessary permissions, registrations, approvals, and clearances from the concerned departments of the State, the company mentioned.

The investment is expected to create employment

Agro chems – Chemicals, AgroPolicy, Company News, India

Agrochemicals are excluded from the PLI scheme that is resulting in delays in new investments.

Vimal Kulshrestha, President Crop Protection, Hikal Ltd expressed his views on expectations from Union Budget 23 which will be presented on February 1 in the parliament.

“The Indian crop protection industry is a major contributor to the country’s agriculture sector, providing essential products and services to boost and protect agricultural produce. However, the industry has been facing a number of challenges in recent years, including increased competition from cheaper imports, regulatory hurdles, and a lack of investment in research and development. Agrochemicals are excluded from the PLI scheme that is resulting in delays in new investments. In light of these challenges, the industry is hoping for positive announcements of schemes, regulatory and tax concessions that will support the growth of domestic agrochemical manufacturers. We think that government should restrict /regulate the import of agrochemical formulations into India, which can be manufactured in India from the locally manufactured agro actives and enough capacity is available with Indian manufacturers. This will benefit India by reducing its foreign exchange usage. It will also boost the Government’s ‘Make in India’ efforts. Indian agrochemical industry is poised to make domestic products that can be imported to the world to contribute to the country’s export economy.

Another key area of concern is the need for increased investment in research and development. The industry is looking for measures that will encourage investment in R&D to create new products and improve existing ones. The government’s support in this area will help the industry to stay competitive. Overall, the crop protection chemical industry in India is hoping for a budget that will support the growth and development of the sector, addressing the challenges it currently faces and providing the necessary resources to help it succeed in the future.”

Agrochemicals are excluded from the PLI scheme