INSECTICIDNSEInsecticides (India) Limited· Pesticides And AgrochemicalsMediumPositive
Announced Sat, 16 May · 11:30 IST

Insecticides (India) Limited has informed the Exchange about Product launch

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AI summary

Insecticides (India) Limited has launched GRANUVIATM, a next-generation insecticide for paddy crops, developed in collaboration with Corteva Agriscience. The product provides up to 60 days of control against brown plant hopper (BPH) and two weeks of protection against stem borer, addressing two major pests that can cause 20-60% and 10-30% yield losses respectively. The granular formulation is applied via broadcasting at 30-35 days after transplanting, aligning with common farmer practices. This is a domestic market launch in India. The company has conducted field demonstrations showing positive results including higher tillering and improved crop health.

Likely market impact

The launch expands IIL's paddy crop protection portfolio with a differentiated technology from Corteva, potentially strengthening its competitive position in the Indian agricultural inputs market. No immediate financial impact or order values were disclosed.