A PSU under the Department of Chemicals and Petrochemicals, Ministry of Chemicals & Fertilizers – HIL (India) Ltd. has recorded a growth of 65% in exports in the first two quarters of the FY 2020-21 as compared to the corresponding period of the previous financial year.
The company attributed the growth to large quantity of Dichloro Diphenyl Trichloroethane (DDT) and Agrochemicals shipped to Southern African countries, Latin America and Iran during the period.
Shri D .V Sadananda Gowda, Union Minister for Chemicals & Fertilizer, praising the company, said – “Congratulations to the Hindustan Insecticides Limited (HIL) Management and their team for this impressive growth of 65% in the first two Qtr of FY 20-21 against the previous year. I wish the HIL a successful & remarkable year ahead.”
The company has also registered the highest production of 530.10 MT of Malathion Technical in the first two quarters of the current year as compared to the last year and the highest sale for the product in the first two quarters and supplied the entire quantity to various institutions like the Ministry of Agriculture’s Locust Control Programme and municipal corporations across the country for the vector control programme.
HIL is a Government of India enterprise and was incorporated in 1954 with headquarters in Kochi, Rasayani, and Bathinda. The company manufactures various technical and formulation grades of pesticides.
–AK
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