Insecticides India Eyes 10% Topline Growth In FY20

Date:08-30-2019

Rajesh Aggarwal, MD of Insecticides India Ltd., said the company is working on the product mix and expansion plans going ahead. He said the plans have delayed but the firm expects the timeline to improve this fiscal year.

The company has launched five products per year over the past 5-6 years but plans to launch 10 products per year going ahead. It still expects to launch 3-4 more products in this fiscal.

The company is expecting a topline growth of 10 per cent in FY20. 

Insecticides (India) Limited (IIL) today is a formidable player in the Indian Agrochemicals market. Since its inception in 2001, IIL has always been on the forefront and the market share has been increasing through company’s innovative strategies and foresight. 

With a view to capture the market and strengthen IIL’s position in the market, company took over the brands namely Lethal, Milchlor, Lethal Super and Milron. Today, IIL's brands enjoy recommendable recognition and sizeable market share.