Post-Covid, Gujarat dyes and agrochem sectors go for backward integration

Be it raw materials in fertilisers or crop protection, firms are adding plants or enhancing capacities to become self-reliant and looking to achieve multiple levels of backward integration

From global freight crisis to growing international shift from China to India, the dyes, intermediates and agrochemicals sector in Gujarat is finding ample reasons post Covid-19 pandemic to aim for backward integration in their bid to reduce dependence on imports.

Be it raw materials in fertilisers or crop protection, companies are adding plants or enhancing existing capacities to become self-reliant and looking to achieve multiple levels of backward integration.

For instance, dyes and intermediates major Kiri Industries Limited is investing around Rs 2,900 crore as it goes for backward integration. According to Manish Kiri, promoter and managing director of Kiri Industries, 75