Punjab Chemicals Invests ₹60 Crore for Global Agrochemical Expansion

Punjab Chemicals & Crop Protection, a ₹2,000 crore chemical company, has announced a capital expenditure plan of ₹60 crore to support its growth strategy.

As part of this plan, the company has signed three exclusive MoUs with international clients to develop high-value agrochemical products and intermediates, with commercialization expected over the next 12–18 months. To meet projected demand—particularly from Japanese and European markets—the company will construct two new manufacturing blocks at its existing facility.

“These strategic initiatives will unfold over the next two years and are expected to significantly boost the company’s topline,” the company stated. The new product segment is projected to generate up to ₹150 crore in revenue within the next two to three years.

News by Rahul Yelligetti.