PI Industries unveils India's first indigenously discovered insecticide molecule, Pioxaniliprole
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- ✓PI Industries unveiled Pioxaniliprole, India’s first indigenously discovered insecticide molecule, to help improve farm productivity.
- ✓The molecule received registration from the Central Insecticides Board and Registration Committee.
- ✓MD Mayank Singhal said, "Developing a new molecule in the agricultural chemicals sector involves significant risks and investment." The company spent ₹2,000 crore on R&D.
Story at a Glance
- Category
- BUSINESS
- Reported By
- cnbctv18
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
PI Industries has invested ₹2,000 crore in R&D over the past 10-12 years, with its MD Mayank Singhal expecting more innovations over the next five years.
PI Industries has unveiled Pioxaniliprole, which the company describes as India's first indigenously discovered insecticide molecule, to help improve farm productivity. The molecule has received registration from the Central Insecticides Board and Registration Committee (CIB&RC), Vice Chairperson and Managing Director Mayank Singhal said.
Singhal said Pioxaniliprole underwent extensive evaluation under Indian agricultural conditions, including field trials across multiple locations, regulatory studies and scientific assessments conducted in collaboration with State Agricultural Universities.
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