Dhanuka Agritech Ltd. to set up pesticides formulation facility in Rajasthan.

Dhanuka Agritech Ltd. said it has drawn up a Rs. 50 crore plan for setting up a pesticides formulation facility at Kotputli, Rajasthan.

'We are investing Rs. 50 crore to set up ultramodern facility, having 6,000 litres per annum of liquid and 5,000 MT per annum of powder pesticides formulation capacity at Kotputli,' said the company's Managing Director M K Dhanuka. The project will be funded through internal accruals, and the first phase will be ready by January 2015.

ET