- Business
- PI Industries Limited (PIIND.BO), founded in 1946 and headquartered in Udaipur, Rajasthan, with corporate offices in Gurugram, Haryana, operates as a leading agrisciences company focused on crop protection and life sciences solutions; it manufactures and markets agrochemicals including insecticides such as Cosko, Osheen Ultra, Distruptor, and Dinoace, herbicides like Melsa, Eketsu, and Provide, fungicides including Fender, Defensa, and Sectin, plant growth regulators, biostimulants such as Tomatough, Aminogrow, and Biovita X seaweed extract granules, and specialty fertilizers; through its Custom Synthesis & Manufacturing (CSM) segment, it provides contract research, development, and manufacturing services for agrochemicals, pharmaceuticals, electronic chemicals, and performance chemicals to global innovator companies in Japan, Germany, China, and the US; PI Health Sciences delivers end-to-end CRDMO services in pharmaceuticals backed by scientific platforms in chemistry and biologicals. The company maintains manufacturing facilities in Panoli and Jambusar, Gujarat, Jammu, and formulation units, with R&D centers in Udaipur featuring AI-discovered molecules, patented platforms, and over 500 scientists including PhDs; it operates a global footprint across more than 80 countries with overseas offices in China, Germany, Japan, the US, and subsidiaries including PI Health Sciences Netherlands B.V., Archimica S.p.A., PI Kumiai Pvt. Ltd., and step-down subsidiary Plant Health Care Plc in the UK with operations in Brazil, Mexico, Spain, and the US; primary markets include domestic farmers via a network of distributors and retail outlets targeting crops like cotton, rice, chili, horticulture, and wheat, alongside exports representing a significant revenue portion. Recent developments include the acquisition of UK-based Plant Health Care Plc in August 2024 for approximately ₹358 crore through its subsidiary PI Industries Management Consultancies L.L.C., enabling integrated chemical and biological agri-solutions and expanding biologicals capabilities; in FY2024-25, it launched seven new AgChem and horticultural products—PRESSEDO, SOLJU GR and SP, Osheen Ultra, DORITO, KAPRIGIN, BYROCK, and Vachan; the company divested its polymer compounding business, completed expansions of CSM facilities with two new multi-purpose plants in Panoli, advanced digital transformation with AI-driven discovery, SAP EHS, and analytics platforms, and commercialized new molecules including electronic chemicals while enhancing sustainability through water recycling exceeding 113 million liters annually, 100% recycled packaging, and renewable energy comprising 6.60% of total use.