Israeli crop protection products maker Makhteshim-Agan is finalising plans to double the capacity of its Indian manufacturing facility at Dahej, expecting a growth in domestic demand for herbicide, fungicide and weedicide in the coming years.
The plant, which has a capacity of 1.20 lakh lts a day, will be adding another 1.20 lakh lts a day capacity, half of which will be for production of herbicide products. “We will invest about Rs 110 crore for the doubling of capacity,” Josef Goldshmidt, President and CEO, Makhteshim Agan India, told presspersons here today.
The Israeli Ambassador to India Alon Ushpiz visited the facility today.
The company, which has a global portfolio of 75 products, has introduced special products suited for the Indian agro-climate. It also operates an R&D facility in Hyderabad, its only research facility outside Israel. It has a network of 38 warehouses across the country for delivery of its products to farmers.
Goldshmidt said the research facility was being ramped up with plans to bring out two to three new products every year, both for the Indian and global markets. It recently launched an insecticide product ‘Plethora’ and a herbicide product ‘Agil’, which are being marketed overseas.