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The company's current 10,000-square feet R&D facility at IKP Knowledge Park here is spread across 2 blocks and has three wings-Synthetic labs, Analytical labs and Scale-up laboratory.
"The new formulation lab is an important and a very strategic investment for ADAMA. With this new lab, our efforts at delivering farmer-centric crop-protection solutions to the Indian farmer is further strengthened, as we would now be able to cater to local market needs quicker than before" Ilan Levanon president and chief executive officer of ADAMA India, said.
ADAMA Agricultural Solutions Limited is an off-patent crop protection solutions company providing a comprehensive range of high-quality, differentiated and effective herbicides, insecticides and fungicides.
It sells its products in over 120 countries with revenues of over $3 billion in 2013. This new lab would now complete the end-to-end R&D cycle in India and will support both global market needs we well as domestic needs, according to the company.
The company has strategic plans to launch several new products tailor made for the Indian market as well as the global market during 2016-2020. The Indian formulation team is currently working closely with the global formulation team, field trial, registration and quality control teams to develop and introduce new products to the market at the earliest, the company said in a statement.
