Insecticide Manufacturing Plant

This profile envisages the establishment of a plant for the production of insecticides with a capacity of 1,500 tons per annum. Insecticides are agents of chemical or biological origin that control insects. The country`s requirement for insecticides is met through local production and import. The present (2022) demand for insecticides is estimated at 5,913 tons. The demand for insecticides is projected to reach 6,132 tons in the year 2023. The principal raw materials required are Malathion AI, Endosulfan AI, and Diazinone AI which have to be imported. The total investment cost of the project including working capital is estimated at USD 2,500,000. The project can create employment for 48 persons. The establishment of such a factory will have a foreign exchange saving effect on the country by substituting the current imports. The project will also create forward linkage with the agricultural sector and also generates income for the Government in terms of tax revenue and payroll tax.

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