Indogulf Cropsciences Ltd (India) established subsidiary in Australia for Agrochemical Business
Date:08-06-2019
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In Photo (L-R) Mr Rakesh Malhotra Hon’ble Consul General, Consulate General of India, Mr Sanjay Aggarwal -Managing Director Indogulf Cropsciences,Mr Saurabh Abhiranjan -CEO Indogulf Cropsciences.
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Indogulf Cropsciences Ltd. (India) established its Australian Subsidiary as “Indogulf Cropsciences Australia Pty Ltd” as a local subsidiary to undertake agrochemical business in Australia in order to achieve strategic position, improve competitiveness and stimulate business growth. This is second overseas subsidiary of Indogulf India after Indogulf Cropsciences USA Corp, in Orlando USA.
Mr. Rakesh Malhotra Hon’ble Consul General, Consulate General of India, Melbourne welcomes and praise the decision and congratulate Mr. Sanjay Aggarwal & Mr. Saurabh Abhiranjan during his visit and meeting with Indogulf officials at a Business Summit in Melbourne. He further mentioned that such initiatives will strengthen the trade relations between both the countries and promote “Make in India” dream of Hon’ble Prime Minister Shri Narendra Modi.
As per Managing Director Mr. Sanjay Aggarwal, Australian Agrochemical Market, registering a CAGR of 4.54% during the forecasted period from 2015 to 2020. Crops like wheat, barley, sugarcane, canola, cotton, vegetables and fruits are largely grown in Australia and are major users of pesticides. Crop-based applications form the largest end-use area for pesticides in Australia, which is also fastest growing.
“Indogulf has been working to expand its business operations and leadership in other key regions of the world as we continue with our plans for a global business presence with our best-in-class formulation & Active Ingredient products. As we work to establish strong partnership in these markets and onboard our senior leadership, I anticipate that we will make excellent progress toward our global business goals for 2019 and beyond”, said Mr. Saurabh Abhiranjan, CEO & Head of International Agribusiness for Indogulf.
Founded more than 25 years ago, Indogulf (Formerly Jai Shree Rasayan Udyog Ltd) has developed to become one of the leading plant protection company in India. Company is very much focused on manufacturing newly off-patent actives and already successfully starts manufacturing Spiromesifen as First manufacturer in India.
With the support of the exceptionally strong team within the operations in India, company is making presence at Global Platform, this new subsidiary in Australia will further add the Strength, Indogulf Cropsciences will be opening additional subsidiary offices in a number of other countries in the near future.
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