New Delhi, February 10 Agrochemical firm Crystal Crop Protection announced on Tuesday that it has acquired 31.06 acres of land and assets from Kurl-On Ltd in Jhagadia, Gujarat, for a greenfield manufacturing project.
The company will invest ₹100 crore over three years to build a fully automated plant for agrochemical formulations and technical products, it said in a statement.
The facility will have an initial production capacity of 50,000 tonnes per annum of formulations, with the flexibility to expand to 120,000 tonnes to meet growing demand, the company said.
The plant will manufacture herbicides, fungicides, and insecticides targeting the domestic Indian market and export opportunities in Asia and Africa, including products such as "Topper," "Tilt," "Proclaim," "Missile," and "ACM 9."
"This new world-class manufacturing facility in Jhagadia, Bharuch, Gujarat, significantly strengthens that commitment," said Ankur Aggarwal, executive chairman and managing director of Crystal Crop Protection.
Gujarat's efficient costs, regulatory predictability, and strong supply chain made it the preferred location, the company said.
The plant's location in Jhagadia provides easy access to major ports including Dahej, Hazira, and JNPT, supported by Gujarat's position as India's leading hub for chemical manufacturing and exports.