Bhagiradha Seeds ₹70 Crore Growth in Andhra Pradesh

Bhagiradha Chemicals & Industries Limited is making a significant foray into the agricultural chemicals sector with the launch of a new pesticides unit in Gundlapalli, Andhra Pradesh. The project, with an investment of ₹70 crores, marks a substantial expansion for the company as it strengthens its presence in the regional pesticide production market.

The new facility, boasting a production capacity of 240.15 tonnes per month, underscores Bhagiradha Chemicals' commitment to boosting domestic pesticide production. While specific pesticide types remain undisclosed, the strategic choice of Gundlapalli suggests careful consideration of factors such as access to raw materials, proximity to agricultural markets, and existing infrastructure.

This venture is expected to have a meaningful impact on India's agricultural chemicals sector, enhancing the nation's self-sufficiency in pesticide production. Local farmers and agricultural communities in Andhra Pradesh stand to benefit from improved access to essential agricultural inputs, which could lead to increased crop yields and productivity.

In addition to its agricultural benefits, the project is anticipated to create employment opportunities in the region, both during the construction phase and once the unit becomes operational. This development is poised to contribute to the economic growth of Gundlapalli and surrounding areas.

As Bhagiradha Chemicals advances its new project, industry stakeholders will be closely monitoring its progress, eager to see its potential impact on regional agriculture and the broader market for agricultural chemicals.

News by Rahul Yelligetti