Indogulf Cropsciences Ltd. (India) has established its Australian Subsidiary as “Indogulf Cropsciences Australia Pty Ltd” that will undertake agrochemical business in Australia to achieve strategic position, improve competitiveness and stimulate business growth. This is the 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 welcomed and praised the decision. He congratulated the Managing Director, Mr. Sanjay Aggarwal and CEO & Head of International Agribusiness for Indogulf, 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.
Mr. Sanjay said Australian Agrochemical Market registered a CAGR of 4.54% during the forecasted period from 2015 - 2020. Crops such as 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.
Founded more than 25 years ago, Indogulf (Formerly Jai Shree Rasayan Udyog Ltd) has become one of the leading plant protection companies in India. It is very much focused on manufacturing newly off-patent actives and already successfully starts manufacturing Spiromesifen as First manufacturer in India.
