Press Release

Insecticides (India) launches its first Bio Product, Mycoraja

Jaipur, May 25, 2014
India’s leading agro chemical manufacturing company Insecticides (India) Limited (IIL) today shared its R&D and expansion plans while launching Mycoraja, its first bio product equipped to promote healthy growth and greater nutrient absorption in a wide range of crops from rice, wheat and vegetables to oilseeds as well as cotton.

Insecticides (India) is one of the few Indian companies that have seriously taken Research and Development initiatives in the country. IIL has a CSIR-approved state of the art In-House R&D Centre in Chopanki (Rajasthan), which is also NABL accredited. Next step in the direction by the company is the new JV with the Japanese giant OAT Agrio Co., Ltd. to set up a dedicated R&D centre for the invention of the new chemical entities in India for international requirements. This R&D centre has already started functioning and its formal inauguration will take place by Q3 of this financial year. This R&D centre targets to come out with 2-3 new molecules within next five years.

IIL has also entered into the bio product segment by launching its first bio product, Mycoraja. This new Mycorrhiza-based nutrient mobilizing bio-fertilizer can be a powerful weapon in the hands of Indian farmers as they toil to increase yields and ensure better output and production.

Mycoraja functions through Mycorrhiza – a ‘friendly fungus’ that stays put onto the plant roots and forms a symbiotic relationship with them. It aids the plant towards better nutrient absorption and promotes resistance towards possible threats.

Mycoraja is basically a friendly association between a fungus and the roots of a vascular plant that turns beneficial for both. It also exploits this mutually beneficial relationship to ensure better crop yields for farmers. Apart from promoting phosphorus absorption, Mycoraja helps increase uptake of nutrients like Sulphur, Magnesium, Manganese, Potassium, Boron as well as Zinc.

A majority of Rajasthan’s population is dependent on agriculture, which often suffers from scarcity of water. Mycoraja can help the farmers of Rajasthan develop crops that are more drought resistant. The major crops grown in the state include wheat, pulses and oilseed, mainly mustard and rapeseeds. Cotton is also grown widely as a cash crop and cotton cultivators too can benefit hugely from Mycoraja.

“Symbiotic relationships have always been prevalent in ecology to the benefit of both the elements involved. Mycoraja is a product that uses one such friendly association and gives farmers a powerful new tool to augment their crop health. It is a nutrient absorber that boosts immunity in plants, and help towards a sound growth in a natural way. We had a vision to enter the segment of Bio products, as they have a good future; we have entered the same by launching the first product. We are also in the process to set up a dedicated bio technology lab to come out with more such products,” says Mr. Rajesh Aggrawal, Managing Director, Insecticides (India) Limited.

“We have been working aggressively in Rajasthan, and we have been able to make Insecticides (India) a brand in the market, with our flagship products. We are happy that we are launching the latest technology products every year,” said Mr. Sanjay Vats, General Manager (Marketing).

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