Expansion1 Jul 2025, 04:00 pm
India Pesticides Ltd Increases Formulation Plant Capacity by 3500 MT
AI Summary
India Pesticides Ltd has successfully commissioned the expansion of its formulation Plant, increasing the capacity by 3500 MT from the existing 6,500 MT per annum. The total capacity will now enhance to 10,000 MT per annum. The investment of Rs. 2.80 Crore excluding working capital has been made internally. The company expects good growth in its formulation business due to the current capacity utilization being around 95%.
Key Highlights
- India Pesticides Ltd has expanded its formulation Plant capacity by 3500 MT.
- The existing capacity was 6,500 MT per annum, which has been increased to 10,000 MT per annum.
- The investment of Rs. 2.80 Crore has been made exclusively from internal accruals.
- The company expects good growth in its formulation business.
- The current capacity utilization is around 95%.