The Pesticides and Agrochemical industry comes under Basic Material group. It’s a commodity type industry.

Industry Strengths

Growing demand for food by growing population
Increasing demand for quality fruits and vegetables with rising disposable incomes
Increasing demand for labour saving products like herbicide as the labour availability has decreased
Increasing demand for pest control products for domestic use.
Good export demand as manufacture of agrochemicals in India is competitive.

Industry Weakness

Low productivity of agriculture in India, small land holding
Dependence of agriculture and hence sales of pesticides and agrochemical on good rainfall
Increased competition and decline in prices due to availability of generic products has put pressure on margins.

Growth Drivers,

Growth in population and rise in disposable income
Rapid urbanization and demand for quality food
Agriculture is the main sector which uses these products
Government initiatives to promote healthy use of pesticides and agrochemicals to retain the fertile quality of the soil and replenish it with nutrients

UPL is a global player in the agro-chemicals industry with strong presence in off-patent market of US and Europe. UPL ranks among the Top five generic agro-chemical companies in the world. the company has managed to acquire small agrochemical companies and tail-end brands of big players in US and Europe.

UPL provides crop protection solutions. The Company is engaged in the business of agrochemicals, industrial chemicals, chemical intermediates and specialty chemicals.

segments and Products

The Company's segments include

1.Agro activity and
2.Non-agro activity.

The Agro activity segment includes the manufacture and marketing of conventional agrochemical products, seeds and other agricultural related products.

The Non-agro activity segment includes manufacture and marketing of industrial chemical and other non-agricultural related products.

It offers fungicides, herbicides, insecticides, plant growth and regulators, rodenticides, industrial and specialty chemicals, and nutrifeeds.

The Company sells its products in approximately 120 countries.

It offers agrochemicals, such as ManzateProstick, Vondozeb, Saaf, Cuprofix, Dost Super, Lifeline, Surflan, Saathi, Eros Gold, Phosphorus Trichloride, Phosphorus Oxychloride, Tri Ethyl Phosphite, Tri IsoOctylPhosphite and Di Phenyl IsoDecylPhosphite.