The agrochemical market has grown world over despite many challenges. Emphasis has been on introductions of low toxicant molecule and their formulations having greater efficacy while minimizing hazards to the human being and the environment. Indian Agrochemical Industry has also made remarkable progress by achieving the status of second largest basic pesticide manufacturer in the world. India has achieved almost total self-reliance with imports constituting less then 5% of total consumption. Indigenous development of several new products, processes and efficient production has given leverage for penetration into global markets with exports touching new height every year. The future of industry is poised for better growth in the challenging environments.
HPM has collaborations with many multinationals for newer eco-friendly products with greater efficacy. HPM has already taken several initiatives according to its ambitious plans to launch new formulations with the objectives of safer, easier application and economic for farmers with higher efficiency and environment friendly. Considering the prevailing domestic and international agriculture scenario we have valid reasons to be optimistic about achieving new heights in days to come.
As an expansion of its existing business, the HPM Group has plan to diversify and enter into the manufacture and marketing of Industrial Chemicals, Pharmaceuticals & Veterinary Medicines and Nutraceuticals soon. With the current growth rate and its disciplined and dedicated work culture HPM boasts to
become
a 500 crore turn over company by the end of this decade.