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Agribusiness, Agro chems – Chemicals, Agro chems – Fertilizers, Agro chems – Pesticides, Company News, Finance, India

. Company’s gross profit stood at Rs 129.2 in Q3 FY 25  crores Vs Rs 108.0 in Q3FY24 registering 20 per cent Y-o-Y growth.

Insecticides (India) Limited (IIL), one of India’s leading crop protection and nutrition company, has announced its financial results for the quarter and nine month ended December 31, 2024. 

Insecticides (India) Limited (IIL), one of India’s leading crop protection and  nutrition company, has announced its financial results for the quarter and nine month ended  December 31, 2024.  Company reported Rs 357.7 crores revenue from operations in Q3FY25 . Company’s gross profit stood at Rs 129.2 in Q3 FY 25  crores Vs Rs 108.0 in Q3FY24 registering 20 per cent Y-o-Y growth. Company posted Rs17.4 crores Profit After Tax in Q3 FY25 compared to Rs12.3 crores PAT in Q3 FY24 recording 42 per cent growth.

Q3 FY25 Vs. Q3 FY24 – Consolidated Financial Performance:

Particulars (Rs. Crs) Q3 FY25 Q3 FY24 Y-o-Y 9M FY25 9M FY24 Y-o-Y
Revenue from Operations 357.7 357.9 — 1,641.0 1,693.9 (3%)
Gross Profit 129.2 108.0 20% 509.5 414.5 23%
Gross Profit Margin (%) 36.1% 30.2% 31.0% 24.5%
EBITDA 30.9 26.0 19% 192.7 153.6 26%
EBITDA Margin (%) 8.6% 7.3% 11.7% 9.1%
Profit After Tax 17.4 12.3 42% 128.1 94.6 36%

Results Highlights:

• Consistent focus on margin improvement led by healthy product mix and better product  margins in Q3FY25 

• Robust growth in recent launches like Mission, Mission SC, Shinwa, Izuki in the first nine months.  B2B sales remain impacted with challenging macro market conditions.  

• Gross Profit Margin improved by 657 bps in 9MFY25 due to concentrated approach towards  both healthy product mix and higher margins in Premium Products 

• EBITDA improved by 268 bps in 9MFY25 with aggressive investment in marketing activities and  field promotions to support new launches and growth of Premium Products, increasing other  expenses

Operational Highlights:

• 10 new products launched in first nine months including patented latest technology  products  

• Launched Centran, a patented 9(3) insecticide with dual-action for paddy. It aims to boost  productivity and support farmers’ economic growth 

• Torry Super an innovative 9(3) herbicide for maize which is based on SPF technology,  developed by in-house R&D team 

• Tie up with BioPrime to bring Relieve, an exclusive biological product for the Indian  market, furthering efforts to provide sustainable solutions for Indian agriculture. 

• Received Patent for IZUKI, a fungicide for paddy. This has been developed in technical collaboration with Nissan Chemical Corporation Japan.

Commenting on the results and performance, Rajesh Aggarwal, MD of Insecticides (India) Ltd. said, “We are excited to share our robust performance during the current quarter with 42 per cent growth in PAT. This is in line with the strategic framework established at the start of the year focusing on profitable growth with higher share of Premium Products and improving its margins. The first nine months has been in line with expectations, driven by strong contributions from our premium product range, which now constitutes 62 per cent of B2C revenue and significant improvements in our EBITDA margins.”

In Q2 FY25, we acquired Kaeros Research Private Limited aimed at securing supply chains and reducing costs through direct imports. Kaeros holds import licenses and vendor approvals, providing valuable benefits. The acquisition was executed at fair value and is accretive to shareholder value. The Company’s fully paid-up capital is Rs. 4.78 crores, with land assets situated in Shamli, Uttar Pradesh used for field trials.

. Company's gross profit stood at

Agbiologicals, Agribiotechnology, Biofertilizers, India, Inputs

Insecticides (India) Limited (IIL), a leading company in the crop protection and nutrition sector, has signed a memorandum of understanding (MoU) with BioPrime Agro Solutions Pvt. Limited, Pune, a research-based biological solutions firm. This alliance brings Relieve, BioPrime’s exclusive biological product, to the Indian market, furthering efforts to provide sustainable solutions for Indian agriculture

Relieve is a unique innovative pure concentrate seaweed and botanical extract-based product. This patented biological formulation is developed with advanced biotechnology, designed to improve crop health and boost yield. Relieve will also help the crops to mitigate the damage caused by abiotic stresses such as drought, heat and salinity. By making this product accessible to Indian farmers, IIL is stepping up its commitment to offering modern and eco-friendly farming solutions.

Rajesh Aggarwal, Managing Director, IIL, stated, “Our association with BioPrime is a significant step in our mission to provide farmers with practical and nature-based solutions. Relieve stands out because it offers farmers a reliable way to enhance crop performance without compromising environmental balance as it is totally safe biological product. This product will empower farmers to strengthen their yields sustainably, which is crucial in today’s agricultural landscape where efficiency and environmental care go hand in hand.”

Dushyant Sood, Chief Marketing Officer, IIL, added, “Relieve reflects the next generation of agricultural solutions—biological, environmentally responsible, and focused on improving overall farm productivity. As we roll out this innovative product across India, we would offer farmers with a unique tool to increase resilience against stress, improve plant health, and enhance productivity, all while keeping sustainability at the core of their operations. Across agro climatic zones, it has demonstrated early flowering, ensuring early harvest. Our national wide trails and demonstrations have also given us a confidence that Relieve is going to be a farmer preferred product in the late vegetative stage of the crop, as it provides rapid support in converting fruits from flowers.”

Coming together of IIL & BioPrime highlights the synergy between the two companies to deliver advanced biological solutions for the markets. Said Dr. Renuka Diwan, Chief Executive Officer, BioPrime. “We are confident that this strategic partnership will accelerate the innovation & deliver high value to farmers by minimizing the risk associated with abiotic stress & limiting yields. With Relieve, we have taken the first step with IIL to drive mutual growth by combining our cutting-edge biological products & IIL’s extensive reach & expertise in the market. This collaboration is the stepping stone towards creating more product opportunities for Indian & global markets.”

This collaboration marks a key development in IIL’s strategy to provide the Indian farmers with solutions that will help the to enhance agricultural productivity through partnerships that deliver forward-looking products to the Indian market.

Insecticides (India) Limited (IIL), a leading company

Agribusiness, Agro chems – Pesticides, Collaborations, Company News, Drones, India

 The programme has started from Haryana, will cover over 5,000 acres of demonstrations across different villages, showcasing the benefits of drone technology.

Insecticides (India) Limited (IIL), a key player in the agrochemical industry, through its CSR arm, IIL Foundation, has teamed up with General Aeronautics, a leader in drone-based agricultural solutions, to demonstrate and train drone spray technology to the farmers. The programme has started from Haryana, will cover over 5,000 acres of demonstrations across different villages, showcasing the benefits of drone technology for crop protection directly to farmers in their fields.

The collaboration between IIL and General Aeronautics is designed to provide farmers with hands-on experience and live demonstrations of drone spray technology. This initiative will make it easier for farmers to embrace this innovative approach, paving the way for more efficient, sustainable, and progressive farming strategies.

Drone technology for spray of crop protection products is gaining traction in India, spurred by government initiatives and increased interest from both public and private sectors. Drones offer a smart farming solution that addresses crucial agricultural challenges like labour shortages and inadequacy in traditional spraying methods. The government’s push towards precision farming have further accelerated this shift, positioning drones as a game-changer in modern agriculture.

Efficient application of crop protection products is essential for maximizing yield and maintaining healthy crops. Conventional spraying methods often lead to uneven distribution, wastage, health hazard to the spraying person and environmental concerns. Drones equipped with sensors and AI-driven analytics provide precise application, reducing chemical use and preventing issues like runoff and soil compaction. This targeted approach not only conserves resources but also ensures crops receive the necessary protection, leading to better yields and more sustainable farming practices.

Rajesh Aggarwal, Managing Director, Insecticides (India) Limited said, “To ensure farmers stay updated with technological advancements, IIL Foundation has initiated a Drone Spray Awareness and Education Program in Haryana, reaching over 10,000 farmers. Through demonstrations across 5,000 acres, the program highlights the benefits of drone technology, such as precise spraying, reduced water consumption, and eco-friendly practices. IIL Foundation plans to soon expand this initiative to other states, promoting efficient and sustainable farming methods nationwide.”

Dushyant Sood, Chief Marketing Officer, Insecticides (India) Limited mentioned “Our partnership with General Aeronautics is an important step towards integrating advanced drone spray technology into the lives of farmers. By offering practical training in their own fields, we’re enabling them to see the real-world benefits of precision agriculture. Our goal is to promote sustainable and competent farming practices that directly contribute to the well-being of the agricultural community.”

 The programme has started from Haryana, will

Agbiologicals, Agrotech, Company News, Herbicides, India, R&D

Its unique SPF Technology enhances crop tolerance to herbicidal effects, ensuring robust plant health throughout the growing season.

Insecticides (India) Ltd. (IIL), a leading player in the agrochemical industry, has launched Torry Super, a revolutionary post emergence herbicide designed to redefine weed control while ensuring crop safety. Listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), IIL continues to bring the latest technology with its latest post emergence herbicide Torry Super, leveraging SPF Technology to deliver unparalleled efficacy.

“We are thrilled to introduce this new maize herbicide Torry Super, showcasing IIL’s dedication to bring the latest technology through our R&D efforts. This innovation highlights our commitment to equipping farmers with top-tier products that boost productivity and promote sustainable farming practices. We are confident that Torry Super will help the maize farmers get good productivity.” stated Rajesh Aggarwal, Managing Director of Insecticides (India) Ltd.

Torry Super is a new age exclusive herbicide based on the SPF technology developed by the IIL’s R&D team, with array of benefits. We have done large scale demonstrations across geographies to show the benefits of using Torry Super. We are confident that this product will surely provide a value for the money to the maize farmers pan India. We look forward to making this as one of the leading maize herbicide brands in the first year of launch itself, mentioned Dushyant Sood, Chief Marketing Officer, Insecticides (India) Ltd.

Key benefits of Torry Super include faster weed control, visible results within 3-5 days of application, powerful weed control with extended residual activity for up to 15 days beyond conventional herbicides. Its unique SPF Technology enhances crop tolerance to herbicidal effects, ensuring robust plant health throughout the growing season. Ease of application is another key benefit of Torry Super, highlights Manoj Singh Bhandari, Crop Manager-Corn.

Its unique SPF Technology enhances crop tolerance

Company News, Environment, India, Nature

Under this project, IIL Foundation will develop and maintain the mini forest with about 4000 plants.

IIL Foundation, the CSR wing of leading crop protection & nutrition company Insecticides India Limited (IIL) has taken a CSR project with RIICO to develop a mini forest in the RIICO Park allotted by Rajasthan State Industrial Development and Investment Corporation (RIICO). Under this project focussed on environment protection, IIL Foundation will develop and maintain the mini forest with about 4000 plants which will act as the oxygen bank for the local public by large. RICCO has approved this project for a period of three years under specific conditions outlined in their official communication. This was inaugurated by Rajesh Aggarwal, Managing Director of Insecticides (India) Limited and District Magistrate of Khairthal-Tijara Artika Shukla, along with other delegates from the company and the government officials.

Speaking on the occasion, Aggarwal stated, “We are honoured to be part of this project and we thank the RIICO authorities for this opportunity. We will make sure to do our best for the same as we are committed to environmental stewardship and community development under our foundation. By transforming this open space into an oxygen bank, we aim to create a sustainable and beautiful environment that will benefit the local community and promote biodiversity. Our efforts here reflect our dedication to enhancing both the ecological and social aspects of the regions we operate in.”

Dr Mukesh Kumar, VP – IIL and other company representatives were present on the occasion who will lead the foundation’s efforts in mentoring this project.

IIL Foundation will also manage rainwater harvesting and other project requirements. This project marks a significant step towards enhancing the environmental and aesthetic appeal of the Chopanki industrial area, aligning with IIL’s broader vision of sustainable development and community welfare.

Under this project, IIL Foundation will develop

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

Company’s PAT for FY24 was at Rs 102 Crore, registering a growth of 62 per cent.

 Insecticides (India) Limited (IIL), one of India’s leading crop protection and nutrition company, has announced its audited financial results for the year ended March 31, 2024. Company’s revenue from operations stood at Rs 273 crore in Q4FY24 compared to Rs 302 crore in Q4FY23.Company has reported Rs 8 crore Profit After Tax in Q4FY24 as against a loss of Rs. (29) crore in Q4FY23. EBITDA stood at Rs. 9 crore in Q4FY24 as against Rs (28) crore in Q4FY23.

Company’s Net Revenues for FY24 stood at Rs. 1,966 crore vs Rs. 1,801 crores in FY23. Company’s B2C business revenue grew by 11 per cent leading to higher profitability. Strong growth of 27 per cent in value added product portfolio of ‘Maharatna’, which constitutes 59 per cent of B2C revenue in FY24.Company’s PAT for FY24 was at Rs 102 Crore, registering a growth of 62 per cent; PAT margins expand by 170 bps in FY24 marking a strong recovery in a challenging industry environment.

Commenting on the results and performance, Rajesh Aggarwal, MD of Insecticides (India) Ltd. said, “We are delighted to report a strong performance for Q4 FY24 and FY24, with our annual net profit crossing Rs 100 crores, representing a 62 per cent year-over-year growth compared to FY23. This achievement is a testament to our resilience and adaptability in a challenging industry environment. Our revenue for FY24 stood at 1,966 crores, registering a 9 per cent growth, primarily driven by the impressive performance of our focused Maharatna and Maharatna products, which saw a remarkable 27 per cent year-over-year growth and contributed 59 per cent to our total sales. We attribute this success to our strategic focus on product mix optimization and cost efficiencies, which led to improved profitability and higher GP and EBITDA margins.

Our commitment to operational excellence has enabled us to optimize costs, improve efficiency, and remain agile in response to changing market conditions. We continue to invest in our premium product portfolio, distribution network, and brand equity, reinforcing our position as a trusted partner for farmers and agricultural stakeholders.

We have introduced 8 new products in FY24, which generated revenue of Rs 51 crore and demonstrated wider product acceptance, driving innovation and value. Looking ahead, we are excited about the prospects for our new product launches, which will further enhance our portfolio and address the needs of the farmers. This will lead us to be close to the farmers and address the emerging needs of the farmers on an ongoing basis. We expect to launch at least 7-8 new products in FY25.

Business Highlights:

  • Introduced 8 new products in FY24, which amounted to revenue of Rs 51 crore, demonstrate wider
  • product acceptance, driving innovation and value
  • More than 40% revenue growth in Shinwa, Hachiman, Torry and Mission
  • Streamlined manufacturing operations towards Formulations solutions
  • Strengthened organizational capabilities at senior level to drive Future growth
  • Investment in digital transformation i.e IIL 360, driving business agility and customer centricity

Company’s PAT for FY24 was at Rs

Agribusiness, Agro chems – Chemicals, Agro chems – Pesticides, Company News, India

The broad-spectrum insecticide protects white grub and termites, which are a big challenge for Indian farmers.

Insecticides (India) Limited (IIL), one of the nation’s leading crop protection and nutrition companies, has unveiled a patented insecticide called Turner with unique properties and residual control, effective against white grub and termites on a variety of crops. 

Turner is an innovative broad-spectrum insecticide that protects white grub and termites, which are a big challenge for Indian farmers. With contact, stomach & repellent properties, Turner will turn out to be a superior tool to fight these insects for the farmers. Turner is a patented product with long-term effectiveness.

Commenting at the launch, Rajesh Aggarwal, Managing Director, IIL, said, “At IIL, we are driven by a strong R&D team, committed to bringing the latest global technologies and introduce novel and sustainable solutions to address Indian farmers’ challenges. Turner is a breakthrough technology promising a leap forward in pest management. We are confident that Turner will help farmers improve their income through effective protection for a superior harvest.”

“Indian growers deserve access to the most advanced solutions to help them achieve better yields. We aim to provide our hardworking farmers with the right product with the best quality possible within their reach.,” Aggarwal further added.

The broad-spectrum insecticide protects white grub and

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

During the current quarter, the company achieved a remarkable total revenue reaching Rs 3579.42 Mn in Q3FY24, compared to Rs 3565.32 Mn in the same period last year.

Insecticides (India) Ltd. (IIL), a leading manufacturer of crop protection and nutrition products in India, declared its financial results for the third quarter & nine months of fiscal year 2024. With a diverse portfolio comprising over 21 technical products, and 105 formulation products which includes 35 Maharatna Products, IIL continues to be at the forefront of the industry.

During the current quarter, the company achieved a remarkable total revenue reaching Rs 3579.42 Mn in Q3FY24, compared to Rs 3565.32 Mn in the same period last year. IIL also witnessed a significant improvement in the EBITDA (Excluding other income) which increased by 11.84 per cent during Q3 FY24, reaching Rs 260.11 Mn as compared to Rs 232.57 Mn in Q3 FY23. Profitability also showed commendable growth, with a remarkable 31.41 per cent increase in Profit after tax during Q3 FY24 totalling Rs 123.07 million in contrast to Rs 93.66 Mn in Q3 FY23.  

In the first nine months of FY24, IIL recorded Rs 16938.83 million in revenue, a significant 12.97 per cent growth compared to Rs 14994.31 Mn in the first nine months of FY23. IIL’s profitability remained resilient, with a 2.26 per cent growth in profits after tax during 9M FY24 amounting to Rs 946.02 million, compared to Rs 925.08 million in 9M FY23.

IIL’s strategic focus on enhancing the mix of value-added products, including Hachiman, Torry, and Shinwa, etc. the past two years has contributed to the upward trajectory. In this quarter IIL has launched two new products namely Million, a herbicide for wheat, and Nirog, a bio fungicide.

Commenting on the performance, Rajesh Aggarwal, Managing Director of Insecticides (India) Limited, stated, “We continue to witness growth across our product portfolio, driven by R&D and backward integration initiatives. Our focused marketing efforts and brand-building activities have yielded positive results despite of odds of the season. We remain committed to sustainable growth and extend our gratitude to all our stakeholders for their support.”

IIL has made significant progress in digital engagement with farmers, enhancing channel engagement and providing crop advisors with accurate data.

During the current quarter, the company achieved

Agribusiness, Company News, India, Sustainability

The Sustainability (ESG) Report provides valuable insights into IIL’s strategic approach, endeavors, and performance concerning relevant ESG material aspects

Insecticides (India) Limited (IIL), a prominent player in the nation’s crop protection & nutrition industry, has released its Sustainability (ESG) Report FY23. The comprehensive report, titled “Accelerating Innovation to Foster a Resilient Tomorrow,” sheds light on IIL’s commitment to environmental, social, and governance (ESG) aspects which are of paramount importance to the organization.

The Sustainability (ESG) Report provides valuable insights into IIL’s strategic approach, endeavors, and performance concerning relevant ESG material aspects. This initiative, in addition to the annual report, reflects IIL’s persistent journey towards a sustainable future. For the FY23, the report discloses non-financial information, activities, and sustainability initiatives adhering to the Global Reporting Initiative (GRI) Standards. External Assurance, provided by Ernst & Young Associates LLP, lends credibility to the ESG disclosure, aligning with International Standards on Assurance Engagements 3000 [ISAE 3000 (Revised)].

IIL, known for its wide array of crop protection and nutrition products, including fungicides, insecticides, herbicides, and Biologicals & Plant Growth Regulators (PGRs), has also expanded its offerings to include biologicals few years back, emphasizing sustainable growth. The report highlights IIL’s commitment to being a solution provider through specialized products, catering not only to the Indian market but also have a foothold in more than 24 countries worldwide.

Rajesh Aggarwal, Managing Director of Insecticides (India) Limited, expressed, “Our ESG journey reflects our understanding of the challenges posed to the industry. By adopting a sustainable approach, we aim to navigate these challenges and thrive in the evolving scene of customer demands. Our commitment lies in developing high-quality, sustainable products, implementing process improvements, and fostering a culture rooted in respect and ethics. We think that businesses that adopt a responsible and sustainable method of working will prosper in the future by keeping up with the quickly evolving demands of the customers.”

“The report outlines IIL’s ESG performance. Some of the key initiatives put forward by organization are: – 30 per cent green belt conforming to air quality standards; 590.29 MT and 21.44 KL of hazardous waste disposed of; zero liquid discharge in 3 plants, 1,473.31 MW solar power plants contributing 9 per cent of total electricity; and Rs. 271.91 lakhs CSR spent”, added Sandeep Aggarwal, CFO.

As a stepping stone in this journey of sustainability, we conducted our first materiality assessment to identify and prioritise the issues that have a direct or indirect impact on us and our ability to create value for our stakeholders. Some of those issues include energy and emissions, water, diversity etc. We have put forward various initiatives for these material issues as mentioned below.

In embracing digital transformation, IIL has streamlined processes at its Dahej plant, replacing manual paper-based reporting with online systems. This initiative resulted in time savings, reduced paper usage, and enhanced real-time process assessment, showcasing the positive impact of technology on operations.

The Sustainability (ESG) Report provides valuable insights

Agro chems – Chemicals, Agro chems – Pesticides, Company News, India

IIL reaffirms its commitment to driving innovation in agriculture, empowering farmers, and contributing to the advancement of the agricultural industry.

Insecticides (India) Limited (IIL), a frontrunner in the crop protection and nutrition sector, is once again at the vanguard of innovation. This time they have introduced four cutting-edge solutions– Nakshatra, Supremo SP, Opaque and Million– designed to redefine modern agriculture.

‘Nakshatra’, marks a new milestone for Indian agriculture for sugarcane as IIL pioneers an innovative approach by coming up with a combination of two highly potent herbicides. Positioned as a game-changer– ‘Nakshatra’ delivers effective protection precisely when it is most critical in the sugarcane crop. This strategic product instills confidence in farmers, enabling them to rely on ‘Nakshatra’ to safeguard their sugarcane crop from unwanted weeds, thus contributing significantly to the sustainability of India’s vital sugar industry. Functioning as a post-emergence herbicide, ‘Nakshatra’ effectively controls variety of weeds, while ensuring the safety of the crop.

‘Opaque’, a trailblazing patented herbicide product again from the R&D wing of IIL, is all set to revolutionize the weed control for farmers pan India. Featuring a combination of two herbicides in ZE formulation, ‘Opaque’ delivers robust control over a variety of weeds creating optimal growth conditions for crop. Notably, its versatility to be used in multiple crops other than Onion will be a boon to the farmers. Already label expansion on crops like cotton and wheat is under way. For the effective control of weeds ‘Opaque’ should be used within 0 to 3 days following transplanting or sowing.

‘Supremo SP’, a versatile broad-spectrum systemic and contact insecticide, stands as a formidable tool against chewing and sucking insects. Its effectiveness extends to combating pests like stem borer and leaf folder in paddy, making it a valuable asset for farmers across India. Moreover, it is also effective for control of insects in vegetables.

Lastly, ‘MILLION,’ an innovative herbicidal solution, targets the notorious Phalaris minor weed in Wheat. ‘MILLION’ presents a strategic advantage for wheat farmers. Recommended at a dosage of 60 grams per acre through a pre-emergence application within 0-3 days of sowing, this application method ensures maximum efficacy in managing resistant Phalaris with no adverse effect on wheat.

 Rajesh Aggarwal, Managing Director of Insecticides (India) Limited (IIL), emphasized the company’s dedication to bring the latest technology products for the Indian farmers through its R&D initiatives and stated, “We firmly believe that innovation is the bedrock of agricultural progress. Embracing state-of-the-art solutions is not a mere option, but a critical imperative for the future of farming. Our unyielding dedication centers on furnishing farmers with the requisite technologies for their prosperity. Through the introduction of these crop protection products, we envisage not only the well-being of individual farmers but also the holistic progress and sustainability of the entire agricultural sector, thereby bolstering the nation’s prosperity.”

In presenting these four pioneering solutions, IIL reaffirms its commitment to driving innovation in agriculture, empowering farmers, and contributing to the advancement of the agricultural industry.

IIL reaffirms its commitment to driving innovation

Agro chems – Chemicals, Agro chems – Fertilizers, Agro chems – Pesticides, Agrotech, India, Interaction

. Rajesh Aggarwal, Managing Director, Insecticides (India) Limited shares his views on the status of the agrochemical industry in India with AgroSpectrum. Edited excerpts:

Insecticides (India) Ltd is India’s leading and one of the top ten Indian agrochemicals manufacturing companies. IIL has emerged as a front-line performer in India’s crop care market with a top line of Rs 1192 crore in 2018-2019. In 2022, it launched its innovative biological product for improving the health of the soil called Kayakalp, the soil energiser which has received an overwhelming response. The company has state-of-the-art formulation facilities at Chopanki (Rajasthan), Samba & Udhampur (Jammu & Kashmir) and Dahej (Gujarat). IIL also has two technical synthesis plants at Chopanki and Dahej to manufacture technical grade chemicals providing the competitive edge by backward integration. Rajesh Aggarwal, Managing Director, Insecticides (India) Limited shares his views on the status of the agrochemical industry in India with AgroSpectrum. Edited excerpts:

How is Insecticides (India) contributing to the growth of the agrochemical sector in India?

Insecticides India (IIL) places a strong emphasis on the research and development of new crop protection and nutrition products both chemical and biological solutions. Our commitment to innovation is exemplified through four distinct R&D centers, each dedicated to different specialized areas. These centres boast state-of-the-art laboratories equipped with cutting-edge technology and staffed by qualified and experienced scientists. We firmly believe that investing in today’s research and development will secure a brighter future, positioning IIL at the forefront of the industry in the long term.

The pioneering Chopanki R&D centre, established in 2004, stands as a testament to our dedication which is now a GLP certified lab. This centre features a meticulously designed instrument and process laboratory that has gained international recognition among R&D professionals.

Our biologicals R&D centre specialises in the isolation and detection of beneficial microorganisms. Notable achievements include the development and commercialisation of VAM (Vesicular Arbuscular Mycorrhiza) and products like kayakalp & KK Pro, Soil Energiser.

Lastly, with the OAT Agrio Co. Ltd., Japan, a pioneering endeavour was undertaken to establish a facility dedicated to invention of agro-chemicals in India. This center, staffed by a team of over 45 scientists, is approved by DSIR, Ministry of Science and Technology, and led by Japanese experts. Its facilities include four Synthesis Laboratories equipped with advanced machinery such as NMR and UPLC-MS for new molecule analysis and characterisation. The centre also houses ultra-modern greenhouses for in-house testing, breeding rooms, bio-assay rooms, and spray cabinets. The focus here is on adopting international technologies from Japan and the USA for holistic growth and development.

Beyond our R&D endeavours, IIL remains deeply engaged in community-driven development initiatives with positive implications for the wider population. Owing to 105+ branded formulations, 21+ technical, and 380+ SKUs, IIL extends its support to the nation’s agriculture sector by educating farmers on sustainable crops practices and judicious use of the crop protection products. The flagship Kisaan Jagrukta Abhiyaan, initiated a decade ago, is aimed at educating farmers about optimal crop protection techniques to enhance food productivity. Additionally, the programme imparts knowledge about judicious agrochemical use, safety measures, and the cultivation of a third crop to enhance soil fertility and farmers’ incomes. Special camps and collaborative efforts further disseminate farming best practices.

Our unwavering commitment to R&D, community development, and sustainability positions us as a leading force in the agrochemical industry, fostering innovation, growth, and positive impact.

India is the world’s fourth-largest agrochemical producer and a net exporter. It has been estimated that the agrochemical market will reach $8.1 billion by 2025. How can India become competitive in this global market?

Continued investment in research and development is essential to create innovative and effective agrochemical products. R&D efforts should focus on developing novel formulations, sustainable solutions, precision agriculture technologies, and improved delivery mechanisms. Speeding up the registration process is another crucial step to ensure that the Indian agrochemical industry remains competitive in the global market. A swift and efficient registration process enables agrochemical companies to introduce their products to international markets in a timely manner. Accelerated registration processes provide a competitive advantage by allowing Indian companies to respond fast to emerging market trends, changing pest dynamics, and new challenges faced by farmers. In the fast-evolving global market, staying ahead of the curve by introducing novel products can set Indian companies apart from competitors.

To read more click on: https://agrospectrumindia.com/e-magazine

. Rajesh Aggarwal, Managing Director, Insecticides (India)

Agro chems – Pesticides, Company News, India

The insecticide falls in the Green category and is being produced by IIL under the Make in India initiative that would benefit marginal and small farmers in India

Insecticides (India) Limited (IIL), an agrochemical company has announced the insecticide ‘Mission’ which would attack different types of lepidopteran pests affecting sugarcane crops and other crops like paddy, soybean and vegetables.

According to the company statement, the insecticide Mission will be available in granules as well as liquid form. The insecticide falls in the Green category and is being produced by IIL under the Make in India initiative that would benefit marginal and small farmers in India. It was imported earlier. The mission is well designed to control the spread of stem borer and leaf folders in paddy and other crops.

Rajesh Aggarwal, Managing Director, Insecticides (India), said, “We are pleased to launch Mission today under our Make in India Initiative after Torry, Green Label, Dominant and Stunner. The mission is the latest technology insecticide which can be used on a variety of crops and provide good control to farmers against lepidopteran pests, ensuring good crop health and high yield. We are confident that Mission will help our Indian farmers to improve their income through effective protection for a superior harvest.”

The insecticide falls in the Green category

Agro chems – Chemicals, Agrotech, Company News, India, Machinery - Pre-harvesting

The company hopes that the campaign will be a catalyst as it hopes to consolidate on its 105+ branded formulations, 380+ SKUs, and an impressive FY 2022-23 with about 5 new products and further growth in 2024.

New Delhi based Insecticides (India) Limited, one of India’s premier crop protection companies has launched an anthem for its revolutionary umbrella brand “Tractor Brand”. The anthem, which also features the brand’s ambassador and Bollywood superstar Ajay Devgn, covers several leading IIL products under the Tractor Brand, including Shinwa, Mission, Izuki, Hercules and Sofia. This comes as the company continues to seek more innovative ways to connect to farmers across India and beyond.

IIL has reiterated its commitment once more to agricultural growth through farmers welfare and empowerment. The popularity of the Tractor brand stems from its position to make the mandate of IIL a reality, as well as its “hand-in-hand” with farmer’s strategy. The brand hopes that the campaign will be a catalyst as it hopes to consolidate on its 105+ branded formulations, 380+ SKUs, and an impressive FY 2022-23 with about 5 new products and further growth in 2024.

The campaign, conceptualized by BEI Confluence, a leading advertising agency with 360 integrated solutions with long experience in FMCG & Agri/Rural Category, would be transmitted across multiple platforms to provide the much-needed education and enlightenment to its teeming farmer population and raise awareness about the Tractor Brand. The anthem comes in a colorful potpourri of dance, music, laughter, and happy faces, performed in multiple languages to appeal to India’s incredible diversity.

“This is why this anthem is necessary and I am happy with its execution. Today Tractor Brand has its credibility and is popular among the farming community now we need to take this relationship to next level. It is a great way to connect with them and give them a sense of belonging to our “Tractor Brand”. We hope this will better take our message of the Tractor Brand and help the farmers understand the need to use our Tractor Brand range of products for increased productivity.,” said Rajesh Aggarwal, Managing Director, Insecticides (India) Limited.

The anthem was packaged with a well-thought-out strategy to make it easy for Indians to sing along and have a feel-good feeling, reflecting the brand’s desire to uplift the farmer’s spirit every time they use a Tractor Brand product. Aggarwal adds that the overall aim of the company is to extend its support to the nation’s agriculture sector by educating farmers on developing sustainable crops, and providing the products that will help them achieve such crops.

The company hopes that the campaign will

Agro chems – Pesticides, Company News, Horticulture, India

Fungicide comes as a respite, particularly for the production of grapes

Insecticides (India) Limited (IIL), one of India’s leading crop protection and nutrition companies, has launched an indigenously made fungicide called ‘Stunner’ to combat mainly Downy Mildew disease in grapes. This broad-spectrum fungicide comes as a respite particularly for the production of grapes as huge losses, in the form of mortality of the plant ranging from 20 per cent to 80 per cent, are incurred by the farmers due to this fungal disease. Downy Mildew disease plays havoc by significantly affecting the quality of grapes, IIL said.

“This is the first time that this technical and formulation is being manufactured in India. Owing to the requirement of a fungicide for successful grape cultivation, our farmers were mainly dependent on imported fungicide formulations to date. However, being a firm believer of the ‘Make in India’ initiative, we took this step, and here we are with Stunner in hand for the first time in India. Stunner is an effective fungicide for Downy Mildew disease in grapes,” informed, Rajesh Aggarwal, Managing Director, Insecticides (India).

Fungicide comes as a respite, particularly for