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Result of reforms: HIL posts highest-ever production of Malathion Technical in H1

HIL (India) Limited has registered the highest-ever production of Malathion Technical in the first two quarters of the current financial year (FY 2020-21)

(Representative Image) HIL posts highest-ever production of Malathion Technical in the first half of FY'21

New Delhi: HIL (India) Limited, a Miniratna PSU under the Department of Chemicals and Petrochemicals, has registered highest-ever production of Malathion Technical in the first two quarters of the current financial year (FY 2020-21). In an official statement, the company said that it has manufactured 530.10 MT of Malathion Technical in the first two quarters of the year as compared to 375.5 MT in the corresponding period last year (CPLY). Thus the company has registered a growth of 41 percent against the previous year (FY 2019-20).

Moreover, the company has also registered highest sale for the product in first two quarter and supplied the entire quantity to various institutions like the Ministry of Agriculture’s Locust Control Programme and municipal corporations across the country for the vector control programme. The company has also executed export of Malathion Technical during the period to Iran through the Ministry of External Affairs on G2G basis.

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HIL is engaged in manufacturing of various technical and formulation grades of pesticides. Despite various hurdles due to pandemic outbreak, the company started the production activities in the month of April with limited availability of workforce and disrupted supply chain, to fulfil its commitment to support different government-aided programmes and to supply agrochemicals to arming community of the country.

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