We believe that R&D is critical in maintaining our competitive position, addressing changing consumer trends and industry developments, developing innovative processes, undertaking complex chemistries, environmental management and developing costs and operating efficiencies.
We have a strategic focus on R&D and our R&D capabilities includes a national accreditation board for testing and calibration laboratories (“NABL”) certified laboratory located at Nathupur, Haryana. Our efforts are led by a dedicated R&D team that comprises skilled scientists, agronomists, chemists, and biologists. Our dedicated R&D team constantly explores new technologies and methodologies to enhance product efficacy and sustainability. Our R&D efforts have led to the grant of three patents since Fiscal 2019.
We conduct a comprehensive gap analysis between the market needs and our offerings to identify areas to focus our R&D efforts into short, medium and long term time periods.
Short-Term R&D: Product Development
Our short-term focus is on developing existing market products by obtaining registrations under the Insecticide Act of 1968 (“Insecticide Act”), particularly for ‘ME-TOO’ products (i.e. products which already exist in the market and are being developed by obtaining registrations under the Insecticide Act). We standardize formulations based on approved chemical compositions, ensuring compliance with regulations. Our skilled R&D team uses advanced technologies like suspension concentrate, emulsifiable concentrate, wettable granule, and capsule suspension, along with high performance liquid chromatography and gas liquid chromatography for validation.
Medium-Term R&D: Product Upgradation
In the mid-term, we focus on upgrading products through collaborations and technology transfers, both locally and globally. These partnerships facilitate data sharing and new product registrations. We continue to expand our capabilities through strategic alliances and knowledge-sharing.
Long-Term R&D: New Molecule Discovery
Our long-term strategy includes new molecule discovery, manufacturing R&D, and field research, with a focus on patenting and registration. We invest in sustainability through ISO 14001:2015-certified processes, incorporating green technologies, waste reduction, and recycling. We also emphasize continuous quality improvement with ISO 9001:2015 certification and NABL accreditation in progress.
Strategic Collaborations
We collaborate with universities, research centers, and Contract Research Organizations (CROs) like IIRT and Zade Biosciences to conduct toxicological and chemical studies following international OECD protocols. Our partnerships extend to ICRA institutes and various agricultural universities across India.
Packaging R&D
We ensure compliance with packaging regulations, focusing on quality, durability, and sustainability. Our R&D team has developed three patented bottle designs and holds over 50 UN certifications for international shipping compliance, reinforcing our commitment to product safety and innovation.
Each of our products are subjected to quality check by our in-house R&D team, to ensure that the finished product meets customer standards and other specifications. We believe that our R&D has and will continue to assist us in developing newer technologies, manufacturing processes and chemistries for existing as well as new products, which will help reduce the cost of production, simplify manufacturing processes to improve safety, reduce environmental load and provide us with other growth opportunities. Our R&D has played a key role in the expansion of our commercialized product portfolio from portfolio from 198 products in Fiscal 2022 to 259 products in Fiscal 2024.