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Project detail:
M/s. Peptech Biosciences Ltd. proposes to start Pesticide Technical and Pesticide Intermediates manufacturing unit at Plot No. B-1131, RIICO Industrial area, Bandapur, Taluka: Tijara, District: Alwar, Rajasthan301019. Total production capacity of the plant will be 5024 MTPA. The location of the project is in notified industrial area. Total area of the project is 9975 m2 . Total cost of proposed project is around Rs. 36.0 Crores. Out of which, Rs. 4.0 Crores will be earmarked for development of EMS as capital investment and around Rs. 2.5 Crores will be recurring cost per annum. The construction of the plant facilities is expected to start after accomplishment of 1.0 year.
M/s. Peptech Biosciences Ltd is a Private Limited firm. The promoter, Mr. Suresh Chand Singla (Director) having 30 years of vast experience in this field. They are also supported by other Directors and technical staff.
Brief description of nature of the project The proposed project involves manufacturing of various Pesticide Technical, Pesticide Intermediates. The technology is totally proven and safe in all aspects
The Indian pesticides market was worth INR 197 Billion in 2018. The market is further projected to reach a value of INR 316 Billion by 2024, growing at a CAGR of 8.1% during 2019-2024. With the growing global populations constantly challenging food production, agrochemicals offer a means towards meeting the challenge of more food, less land. The role of agrochemicals is not limited to protection from pests and diseases that threaten our food supply; they help in yield enhancement as well. The agrochemicals industry has played a great role since first green revolution
to transform India's ship-to mouth economy to a farm-to ship economy. At an estimated size of 2.8 Billion USD in 2019, Indian agrochemicals are the second largest and a fast-growing segment in the Indian agri-input industry. The proposed project will provide the appropriate pesticide in the market to increase the crop output.
Note: please download project document attached to this project for more information.
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