India is one of the most dynamic generic pesticide manufactures in the world with approximately 60 technical grade pesticides being manufactured indigenously by around 125 producers consisting of large and medium scale enterprises (including 10 MNCs) and more than 500 pesticide formulators spread over the country.
India is the 4th largest producer of the agrochemical after USA, Japan & China. The agrochemicals market in India is Rs 4500 crores. The percentage share of the pesticides in the growth of exports is around 20.48% per annum and contributes a major chunk to the exports and the favoured destinations are USA, UK, France, etc. Indian Government is promoting research on the use of alternatives and safe pesticides. It is also providing incentives to encourage investments.
