PI Industries defies global odds with remarkable Q2 growth and new product launches

PI Industries defies global odds with remarkable Q2 growth and new product launches

PI Industries Limited has reported stable performance for the quarter ending September 30, 2024, demonstrating growth despite weak global cues. The company’s revenue increased by 5% year-on-year, driven by healthy growth in exports and new product launches, despite a subdued domestic market. PI Industries reported a consolidated revenue of Rs. 22,210 million for the second […]

PI Industries announces acquisition of Plant Health Care to boost sustainable agriculture solutions

PI Industries announces acquisition of Plant Health Care to boost sustainable agriculture solutions

PI Industries Limited, a prominent Indian agri-sciences company, has made a strategic move to acquire UK-listed Plant Health Care Plc (AIM: PHC.L) for approximately £32.8 million. This acquisition is set to enhance PI Industries’ capabilities in providing integrated solutions for sustainable agriculture, emphasizing their long-term commitment to innovative agricultural technologies. Plant Health Care, known for […]

PI Industries and Koppert team up for sustainable agriculture innovation

PI Industries and Koppert team up for sustainable agriculture innovation

In a significant move to elevate sustainable agriculture practices, PI Industries Ltd. (PI) and Koppert have entered into a strategic alliance. The partnership aims to drive innovation in Agriculture Biologicals, a crucial sector as the global agricultural community contends with climate change, depleting resources, and rising food demand. Mayank Singhal, Vice Chairperson and Managing Director […]

PI Industries scraps Rs 15.3bn acquisition of lnd Swift’s API unit

PI Industries scraps Rs 15.3bn acquisition of lnd Swift’s API unit

PI Industries Ltd (PIIND), an Indian agri-sciences company, said that its previously announced INR 1,530 crores acquisition of the active pharmaceutical ingredient (API) business division of lnd Swift Laboratories Limited (ISLL) has been terminated. The closing of the deal was subject to the meeting of pre-defined preceding conditions by 31 October 2021. According to PI […]

PI Industries to acquire API business of lnd Swift Laboratories

PI Industries to acquire API business of lnd Swift Laboratories

PI Industries Ltd, an Indian agri-sciences company, has agreed to acquire the API business division of lnd Swift Laboratories Limited (ISLL) for INR 1,530 crores ($210 million). Based in Chandigarh, lnd Swift Laboratories manufactures and exports active pharmaceutical ingredients (API) and advanced intermediates. The Indian pharma company serves the API requirements of regulated and soft […]