Dhanuka Agritech Aims Rs 2,000 Crore Topline by 2020

Kolkata: Agro-chemicals major Dhanuka Agritech aims to exceed Rs 2,000 crore topline over next five years, fuelled by its new Rajasthan plant and latest specialised product launches.

"We are targeting Rs 2,000 crore topline by 2020, growing at 15-16 per cent from current turnover of Rs 785 crore in FY15," Dhanuka Agri general manager Partha Sengupta told PTI.

He said the sharp growth will be fuelled by new capacity addition and latest specialised product launches.

Mr Sengupta informed that commissioning of the new Rs 50 crore state-of-the-art plant at Keshwana, Rajasthan will take place in September-December quarter of FY16.

The Rajasthan plant will have a capacity of 25,000 KL.

Mr Sengupta said the company will focus on new molecules and technology to cover the agri protection chemicals.

Dhanuka also has distribution tie-up with Japanese agro chemicals major Nissan and Konika for India.

Speaking about eastern India, he said the "second green revolution" in this region will have scope for huge growth for the company.