Intech Pharma Private Limited is set to expand its pesticide manufacturing plant located in Khasra No. 143, Biratiya Kalan Village, Tehsil Raipur, District Pali, Rajasthan. This expansion initiative aims to substantially increase the production capacity by 63,414 tonnes per annum (TPA) of pesticides, broadening the facility's scope to manufacture a diverse range of insecticides, fungicides, and herbicides. The anticipated enhancement may involve the incorporation of advanced and environmentally friendly technologies to bolster efficiency and mitigate environmental impact.
The expansion project foresees positive economic implications, potentially creating employment opportunities within the region. Intech Pharma's strategic move aligns with the burgeoning demand in India's pesticide market, expected to grow steadily at a CAGR of 8.5% from 2023 to 2028, driving the necessity for domestic production.
While the specific timeline for the commencement and completion of this expansion remains undisclosed, individuals interested in updates on the project's progress can reach out to Intech Pharma Private Limited directly or stay informed through their social media channels. Delving into news articles and press releases related to the expansion could provide deeper insights into the specific types of pesticides to be manufactured and the technology considerations.
Understanding the existing capacity and product range of Intech Pharma's current pesticide plant is crucial to gauging the potential impact and implications of this expansion initiative within the agricultural sector and the broader market landscape.
As on January, 2024. The project is currently in the stage of being approved currently awaiting approval from the government.
News by Rahul Yelligetti