Coromandel International strengthens its portfolio in crop protection by launching 5 new products!
Chennai, May 20, 2022: Coromandel International Limited (BSE: 506395, NSE: COROMANDEL), India’s leading Agri solutions provider is in the business of Fertilisers, Crop Protection, Biopesticides, Specialty Nutrients, Organic Fertiliser and Retail.
Coromnadel introduces 5 new products in its crop protection range: 3 Insecticides, 1 Herbicide & 1 Fungicides into their portfolio. The launch meeting of the crop savers took place at Hotel Radisson Blue Kaushambi – NCR, Delhi on May 12, 2022. The Meeting was attended by 200 Dealers along with 50 employees. Farmers in India now have a new option to protect their crops with the newly launched products by Coromandel International Limited.
Introducing the product, OFFICER which is a new generation selective herbicide. It is a broad-spectrum systemic herbicide that controls almost all categories of weeds in paddy. ORTAIN SUPER is a combination insecticide for paddy, has a dual mode of action for resistance management and provides effective control over both lepidopteran and sucking pests. PHENDAL PLUS insecticide for paddy prevents resistance development with its dual mode of action and has a knockdown effect causing faster kill of target pests. CANISTER is a broad-spectrum insecticide for chilli having effective control on mites, whiteflies, thrips, has control in all stages of mite’s lifecycle and a long residual action that results in long-duration control. PROP – PLUS is a combination of two highly systemic triazole fungicides resulting in two different modes of action help in resistance management for paddy, offers effective disease control, has less foam formation and good rain fastness.
Sameer Goel, Managing Director, Coromandel International Limited said, “CIL is working to strengthen its product portfolio across segments of Crop Protection in major crops. It gives me immense pleasure that these combination products have been developed in house for complex pest problems. Coromandel will continue to develop innovative products in Nutrition and Crop Protection segments to serve the farming community. “
Coromandel International Limited is amongst India’s pioneers and leading Agri solutions provider, offering diverse products and services across the farming value chain. It operates in two major segments: Nutrient and other allied businesses and Crop Protection. These include Fertiliser, Crop Protection, Bio Products, Specialty Nutrients and Organic businesses. The Company is 2nd largest manufacturer and marketer of Phosphatic fertiliser in India. The Company’s Crop Protection products are marketed in India as well as in international geographies, offering wide range of technical and formulation products. The Specialty Nutrients business of the Company focuses on water soluble fertiliser and secondary & micronutrients segments. The Company is leading marketer of Organic fertiliser in India. The Bio Products business of the company focusses on plant extractions for various applications. It also operates a network of around 750 rural retail outlets across Andhra Pradesh, Telangana and Karnataka. Through these Retail outlets, the Company offers farming services including crop advisory, soil testing and farm mechanization to around 3 million farmers. The Company has a strong R&D and Regulatory setup, supporting the businesses in process development and new product introduction. The Company has 17 manufacturing facilities, producing wide range of Nutrient and Crop Protection products, which are marketed through an extensive network of dealers and its own retail centers.
The Company clocked a turnover of Rs.19,255 Crores during FY21-22. Its efforts towards environment have been well recognized by International organizations like UNDP and has also been voted as one of the ten greenest companies in India by TERI. Coromandel is a part of the INR 417 Billion (41,713 Crores) of the Murugappa Group.
About Murugappa Group
Founded in 1900, the INR 417 Billion (41,713 Crores) Murugappa Group is one of India’s leading business conglomerates. The Group has 29 businesses including ten listed Companies traded in NSE & BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd., CG Power and Industrial Solutions Ltd., Cholamandalam Financial Holdings Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Ltd. and Wendt (India) Ltd.
The Group holds leadership position in several product lines including Abrasives, Technical Ceramics, Electro Minerals, Auto Components & Systems, Bicycles, Fertilisers, Sugar, Tea and Spirulina (Nutraceuticals). The Group has forged strong alliances with leading international companies such as Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan Advanced Materials, Yanmar & Co. and Compagnie Des Phosphat De Gafsa (CPG). The Group has a wide geographical presence all over India and spanning 6 continents. Renowned brands like BSA, Hercules, Montra, Mach City, Ballmaster, Ajax, Parry’s, Chola, Gromor, Shanthi Gears and Paramfos are from the Murugappa stable. The Group fosters an environment of professionalism and has a workforce of over 53,000 employees.