Top Agrochemical Company ‘Insecticides (India) Ltd.’ Bestowed With Gold & Silver Award At Export Excellence Awards

On March 25th, the ‘Exports Excellence Awards’ were conferred by Union Minister of State for Commerce and Industry, Anupriya Patel, to encourage, motivate and recognize the best-performing exporters from Western Region, in Mumbai.

The Federation of Indian Export Organisations (FIEO) conducted the 6th and 7th Set of Export Excellence Awards, for the members who have excelled in the export performance of goods and services during the financial years 2018-19 and 2019-20 respectively.

Where top agrochemical company Insecticides India Limited (IIL) was bestowed with a Gold award for FY 2018-19 and a Silver award for FY 2019-20 in the one-star exports house category at the EXPORTS Excellence Awards. IIL is among the top 10 agrochemical manufacturing companies in the country.

The event was organized by the Federation of Indian Export Organizations (FIEO) in Mumbai. Hon'ble Smt. Anupriya Patel, Minister of State for Commerce and Industry, Govt. of India presented the award to Mr. Rajesh Aggarwal, MD, IIL, and Mr. Shrikant Satwe, Head of International Business. Headquartered in New Delhi, IIL is also a front-line performer in India’s crop care market with a top line of Rs 1192 crore in 2018-2019.

Insecticides India Limited aims for providing farmers with technologically advanced products according to the latest technological changes taking place in this sector and has an association with international players working in the Field of agrochemicals. IIL also provides solutions to tackle climate change risks or make farmers aware of reaping more benefits from agriculture and its related fields.

Speaking on the occasion, the Union Minister of State for Commerce and Industry, Anupriya Patel, said, “The western region has contributed almost 50 % to India’s merchandise export. Looking at this contribution we have every reason to celebrate this achievement. I hope the award winners continue to serve as role models and inspire others.”

Referring to the role of exports during Amrit Kaal, she said, “The efforts we take today go a long way in fulfilling the Prime Minister’s vision for the nation. We are now in Amrit Kaal and the next 25 years are important for us to dream and make sure our dreams come true. The export community must contribute towards a developed India. Its contribution is huge to the brand image of the country. Ministry of Commerce and Industry is with you at all steps to assist and support you.”

Urging exporters to make the most of increasing bilateral engagements she said, “Today we are lauded as the fifth largest economy. In the next 4-5 years we are poised to be 3rd largest. The Government is making sure that as we advance, we create more opportunities. Our bilateral engagement has been increasing in terms of the large number of FTAs we are negotiating with UAE, Australia, and others. Make use of these opportunities to reach global markets.”

-With PIB Inputs

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